COMMUNITY BANCORP /VT
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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FY2024 · Filed Mar 28, 2025
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EX-13 · UNINSURED DEPOSITS
UNINSURED DEPOSITS
Estimated deposits in excess of the FDIC insurance level amounted to $258.0 million as of December 31, 2024 and $217.3 million at December 31, 2023. The estimated balance of $42.6 million of uninsured time deposits as of December 31, 2024 was made up of time CDs of $39.0 million and retirement accounts of $3.6 million. Increments of maturity of these time deposits are summarized as follows:
| 3 months or less | $14,538,589 |
|---|---|
| Over 3 through 6 months | 19,943,192 |
| Over 6 through 12 months | 6,535,485 |
| Over 12 months | 1,620,450 |
| Total | $42,637,716 |
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