Community Bancorp (CMTV) appoints BDMP Assurance as auditor
Sentiment and the balance of points
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Rhea-AI Filing Summary
Community Bancorp. (CMTV) changed its independent auditor. Effective November 3, 2025, the Audit Committee dismissed Berry, Dunn, McNeil & Parker, LLC and engaged BDMP Assurance, LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2025. BDMP Assurance is PCAOB-registered and owned by certain partners of Berry, Dunn, McNeil & Parker.
The prior auditor’s reports on the Company’s 2023 and 2024 financial statements contained no adverse opinions or disclaimers, and there were no disagreements or reportable events under Item 304 of Regulation S‑K. The Company requested a letter from the former auditor regarding these disclosures, filed as Exhibit 16.1.
Insights
Auditor change with no disagreements; routine governance update.
Community Bancorp. replaced its auditor on November 3, 2025, appointing BDMP Assurance, LLP for the audit of the year ending December 31, 2025. The new firm is PCAOB-registered and linked through ownership to partners of the outgoing firm, suggesting continuity of institutional knowledge.
The Company states the outgoing auditor issued clean opinions for 2023 and 2024 with no disagreements or reportable events under Item 304. That disclosure typically indicates no underlying accounting disputes driving the change.
The requested Exhibit 16.1 letter from the former auditor is intended to confirm agreement with the Company’s statements. Absent contrary details, this reads as an administrative transition with neutral impact on the investment thesis.
8-K Event Classification
FAQ
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Is there a confirmation letter from the former auditor?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Securities registered pursuant to Section 12(b) of the Act: NONE
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 4.01 Changes in Registrant’s Certifying Accountant
On November 3, 2025, the Audit Committee of the Board of Directors of Community Bancorp. (the “Company”) approved the dismissal of Berry, Dunn, McNeil & Parker, LLC, the Company’s independent registered public accounting firm, effective as of November 3, 2025. Concurrently, the Board approved the engagement of BDMP Assurance, LLP as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2025. BDMP Assurance, LLP is a licensed CPA firm registered with the PCAOB, owned by certain partners of Berry, Dunn, McNeil & Parker, LLC.
The reports of Berry, Dunn, McNeil & Parker, LLC on the Company’s financial statements for the fiscal years ending December 31, 2023 and December 31, 2024 did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.
During the Company’s two most recent fiscal years and the subsequent interim period preceding the dismissal, there were (i) no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K) with Berry, Dunn, McNeil & Parker, LLC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Berry, Dunn, McNeil & Parker, LLC, would have caused it to make reference to the subject matter thereof in connection with its reports on the financial statements for such years, and (ii) no “reportable events” (as described in Item 304(a)(1)(v) of Regulation S-K).
The Company has provided Berry, Dunn, McNeil & Parker, LLC with a copy of the disclosures made in this Current Report on Form 8-K and has requested that Berry, Dunn, McNeil & Parker, LLC furnish the Company with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of such letter is filed as Exhibit 16.1 to this Form 8-K.
During the fiscal years ended December 31, 2024 and 2023, and the subsequent interim period through November 3, 2025, neither the Company nor anyone on the Company’s behalf consulted with BDMP Assurance, LLP with respect to either (i)(a) the application of accounting principles to a specified transaction, either completed or proposed, or (b) the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and neither a written report nor oral advice was provided by BDMP Assurance, LLP to the Company that BDMP Assurance, LLP concluded was an important factor that the Company consider in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any other matter that was the subject of a “disagreement” or a “reportable event” (as these terms are defined in Item 304(a)(1) of Regulation S-K and the related instructions).
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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| Letter from Berry, Dunn. McNeil & Parker, LLC to the U.S. Securities and Exchange Commission dated November 6, 2025 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| COMMUNITY BANCORP. |
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DATED: November 6, 2025 | /s/ Christopher Caldwell |
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| Christopher Caldwell, President & |
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