Edgar Filing: MARSH STEPHEN P

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

Check this box if no longer subject to

OMB Number: 3235-0362

Section 16. Form 4 or Form 5 obligations

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Expires: January 31, 2005

may continue. See instruction 1(b).

Estimated average burden

Form 3 Holdings Reported

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility

hours per response. . . . .1.0

Form 4 Transactions Reported

Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person*

2. Issuer Name and Ticker or Trading Symbol

6. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

Marsh

Stephen

Community Bancorp.

CMTV

__X___Director

_____ 10% Owner

(Last)

(First)

(Middle)

3. I.R.S. Identification

4. Statement for

__X___Officer (give

_____ Other (specify below)

Number of Reporting

Month/Day/Year

title below)

PO Box 48

Person, if an entity

12/

/2002

Vice President & Treasurer

(Street)

(Voluntary)

5. If Amendment, Date of

7. Individual or Joint/Group Filing (Check Applicable Line)

Morgan

05853

Original (Month/Day/Year)

_X_Form filed by One Reporting Person

(City)

(State)

(Zip)

009-36-5410

___Form filed by More than One Reporting Person

Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security

2. Trans-

2A.

3. Transaction

4. Securities Acquired (A)

5. Amount of

6. Ownership

7. Nature of

(Instr. 3)

action

Deemed

Code

or Disposed of (D)

Securities

Form:

Indirect

Date

Execution

(Instr. 8)

(Instr. 3, 4 and 5)

Beneficially

Direct (D)

Beneficial

Date, if

Owned

or Indirect

Ownership

any

at End of

(I)

(Month/

(A)

Issuer's

Day/

Fiscal Year

Year)

Code

Amount

(D)

Price

(Instr. 3 and 4)

(Instr. 4)

Community Bancorp. Common Stock

30,218.0000

Community Bancorp. Common Stock

11/16/2001

I (1)

1156.0350

$13.0000

16,296.155 (2)

401K Plan

1 These shares were disposed of by the Plan Trustee to fund a loan from the 401K Plan which Mr. Marsh took out in November, 2001. This information

had not been made available by the Trustee of the plan at the time Mr. Marsh filed his Form 5 in 2001.

2 This total includes 747.3200 shares acquired through the Company's Dividend Reinvestment Plan and/or purchased with proceeds from the repayment

of the loan and new contributions to the stock fund.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

*If the form is filed by more than one reporting person, see Instruction 4(b)(v).

SEC 2270 (9-02)

**Intentional misstatements or ommissions of facts constitute Federal Criminal

Violations. See 18 U.S.C. 1001 and U.S.C. 78ff(a).

/s/ Stephen P. Marsh

2/13/2003

Persons who respond to the collection of information contained in this form are not required

**Signature of Reporting Person

Date

to respond unless the form displays a currently valid OMB control number.

NOTE: Table II Not Applicable at this time