XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

ADDITIONAL PAY VERSUS PERFORMANCE INFORMATION

 

The following table provides certain information on “Pay versus Performance” for the Principal Executive Officer (PEO) and the Non-PEO Named Executive Officers (NEO) for the years presented:

 

          Value of  
          Initial Fixed  
          $100  
          Investment  
  Summary   Average Summary Average Compensation Based on  
  Compensation Compensation Compensation Table Actually Paid to Total  
  Table Total Actually Paid Total for Non-PEO Non-PEO Shareholder Net Income
Year For PEO (1)(2) To PEO (1)(2) NEOs (1)(2) NEOs (1)(2) Return (3) (in thousands)
2024 $597,130 $597,130 $402,884 $402,884 $99 $14,008
2023 $602,118 $602,118 $383,979 $383,979 $97 $13,432
2022 $558,914 $558,914 $359,678 $359,678 $100 $13,739

 

(1)Throughout 2024, 2023 and 2022, Kathryn Austin served as the Company’s PEO and the Company’s remaining NEOs consisted of Louise Bonvechio and Christopher Caldwell.
(2)In accordance with the SEC’s calculation requirements, because the Company does not pay equity compensation, there is no difference between compensation amounts reported in columns (b) and (c), or columns (d) and (e).
(3)Stock price information used in the calculation of the Total Shareholder Return (TSR) is obtained from the OTCIQ website for the Company’s Ticker Symbol, CMTV. The calculation of the TSR includes reinvested dividends.

 

In setting compensation for the PEO and the other two NEO’s, the Compensation Committee considers a variety of quantitative and qualitative factors and does not directly tie its decision making to changes in TSR or net income.

   
Named Executive Officers, Footnote Throughout 2024, 2023 and 2022, Kathryn Austin served as the Company’s PEO and the Company’s remaining NEOs consisted of Louise Bonvechio and Christopher Caldwell.    
Peer Group Issuers, Footnote Stock price information used in the calculation of the Total Shareholder Return (TSR) is obtained from the OTCIQ website for the Company’s Ticker Symbol, CMTV. The calculation of the TSR includes reinvested dividends.    
PEO Total Compensation Amount [1],[2] $ 597,130 $ 602,118 $ 558,914
PEO Actually Paid Compensation Amount [1],[2] 597,130 602,118 558,914
Non-PEO NEO Average Total Compensation Amount [1],[2] 402,884 383,979 359,678
Non-PEO NEO Average Compensation Actually Paid Amount [1],[2] 402,884 383,979 359,678
Total Shareholder Return Amount [3] 99 97 100
Net Income (Loss) $ 14,008,000 $ 13,432,000 $ 13,739,000
PEO Name Kathryn Austin Kathryn Austin Kathryn Austin
[1] In accordance with the SEC’s calculation requirements, because the Company does not pay equity compensation, there is no difference between compensation amounts reported in columns (b) and (c), or columns (d) and (e).
[2] Throughout 2024, 2023 and 2022, Kathryn Austin served as the Company’s PEO and the Company’s remaining NEOs consisted of Louise Bonvechio and Christopher Caldwell.
[3] Stock price information used in the calculation of the Total Shareholder Return (TSR) is obtained from the OTCIQ website for the Company’s Ticker Symbol, CMTV. The calculation of the TSR includes reinvested dividends.