Community Bancorp. reported earnings results for the fourth quarter and year ended December 31, 2014. The company reported earnings for the fourth quarter ended December 31, 2014, of $1,391,768 or $0.28 per share compared to $1,451,600 or $0.29 per share for the fourth quarter of 2013.

The company's earnings of $5,124,908 or $1.03 per share for the full year compared favorably to $5,086,655 or $1.03 per share in 2013. The company's 2014 increase in earnings is attributable to the increase in earning assets combined with a decrease in interest paid on deposits resulting in an increase in net interest income of $696,885; the provision for loan losses decreased by $130,000, and non-interest expenses decreased $262,662. These positive trends were offset by a decrease in non interest income of $840,817 and an increase in the provision for income tax expense of $210,477.