Security
ChoiceOne Financial Services, Inc. Common Stock · COFS
COFSNASDAQCommon stockCurrentCIK 803164Updated Nov 1, 2026
Name history
1ST COMMUNITY BANCORP INC · through Apr 9, 1998
COFS price & chart
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NASDAQ:COFS on TradingView ↗About the company
ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan, with assets over $4 billion, and the parent corporation of ChoiceOne Bank. Member FDIC. ChoiceOne Bank operates 54 offices in West, Central and Southeast Michigan. ChoiceOne Bank offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. ChoiceOne Financial Services, Inc. common stock is quoted on the Nasdaq Capital Market under the symbol “COFS.” For more information, please visit Investor Relations at ChoiceOne’s website choiceone.bank.
In the news
ChoiceOne Bank Announces Official Opening of ChoiceOne Bank Trail at Silver Lake Road and Jennings Road in Fenton ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
EFFECT filing
EFFECT filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 4,296,902,000Source | 2,723,243,000Source | 4,456,889,000Source | 4,310,252,000Source | 2,670,699,000Source | 4,394,565,000Source | 4,305,391,000Source | 2,670,699,000Source | 4,410,551,000Source | 2,723,243,000Source | 2,576,706,000Source | 2,385,915,000Source |
| Property, Plant and Equipment, NetUSD | 46,159,000Source | 27,135,000Source | 50,383,000Source | 45,667,000Source | 27,370,000Source | 48,670,000Source | 44,284,000Source | 28,268,000Source | 48,110,000Source | 27,099,000Source | 29,750,000Source | 28,232,000Source |
| GoodwillUSD | 126,730,000Source | 59,946,000Source | 129,854,000Source | 126,730,000Source | 59,946,000Source | 129,854,000Source | 126,730,000Source | 59,946,000Source | 129,854,000Source | 59,946,000Source | 59,946,000Source | 59,946,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 31,694,000Source | — | 27,888,000Source | 33,421,000Source | — | 29,464,000Source | 35,153,000Source | — | 31,149,000Source | — | — | — |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 98,978,000Source | 145,938,000Source | 88,649,000Source | 156,280,000Source | 101,002,000Source | 84,218,000Source | 139,421,000Source | 150,129,000Source | 87,988,000Source | 96,751,000Source | 55,433,000Source | 43,943,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 3,847,287,000Source | 2,478,257,000Source | 3,974,210,000Source | 3,878,491,000Source | 2,408,548,000Source | 3,924,564,000Source | 3,878,323,000Source | 2,463,943,000Source | 3,945,198,000Source | 2,462,828,000Source | 2,381,072,000Source | 2,217,041,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 93,124,000Source | 86,765,000Source | 120,135,000Source | 82,647,000Source | 81,836,000Source | 112,008,000Source | 73,316,000Source | 77,294,000Source | 102,641,000Source | 91,414,000Source | 73,699,000Source | 68,394,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -42,197,000Source | -45,446,000Source | -34,137,000Source | -49,087,000Source | -41,301,000Source | -39,505,000Source | -44,323,000Source | -44,324,000Source | -35,674,000Source | -37,779,000Source | -51,578,000Source | -71,797,000Source |
| Stockholders' Equity Attributable to ParentUSD | 449,615,000Source | 247,746,000Source | 482,679,000Source | 431,761,000Source | 214,519,000Source | 470,001,000Source | 427,068,000Source | 206,756,000Source | 465,353,000Source | 260,415,000Source | 195,634,000Source | 168,874,000Source |
| Liabilities and EquityUSD | 4,296,902,000Source | 2,726,003,000Source | 4,456,889,000Source | 4,310,252,000Source | 2,623,067,000Source | 4,394,565,000Source | 4,305,391,000Source | 2,670,699,000Source | 4,410,551,000Source | 2,723,243,000Source | 2,576,706,000Source | 2,385,915,000Source |
| Additional Financial Items | ||||||||||||
| AOCI, Debt Securities, Available-for-sale, Adjustment, after TaxUSD | — | — | — | — | — | — | — | — | -52,571,000Source | -61,074,000Source | -69,641,000Source | -89,041,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 298,000Source | 190,000Source | 883,000Source | 720,000Source | 1,005,000Source | 958,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -113,000Source | -271,000Source | -24,000Source | -15,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -177,000Source | -9,393,000Source | 31,814,000Source | 48,646,000Source | 46,482,000Source | 45,017,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 14,564,000Source | 259,898,000Source | 106,686,000Source | -97,910,000Source | -181,365,000Source | -90,496,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 1,524,000Source | 835,000Source | 6,627,000Source | 1,706,000Source | 4,234,000Source | 1,164,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | — | 0Source | 327,000Source | 220,000Source | 0Source | — |
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 1,441,000Source | 2,059,000Source | 2,679,000Source | 0Source | 0Source | 767,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -18,157,000Source | -207,835,000Source | -147,263,000Source | 90,582,000Source | 146,373,000Source | 57,536,000Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | — | — | — | 340,000,000Source | 270,000,000Source | 726,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -3,770,000Source | 42,670,000Source | -8,763,000Source | 41,318,000Source | 11,490,000Source | 12,057,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 17,262,000Source | 11,573,000Source | 65,107,000Source | 49,902,000Source | 27,481,000Source | 7,577,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 0Source | 0Source | 7,293,000Source | 6,350,000Source | 4,450,000Source | 1,989,000Source |
| Additional Financial Items | ||||||||||||
| AmortizationUSD | — | — | — | — | — | — | 4,048,000Source | 2,989,000Source | 16,260,000Source | 9,870,000Source | 9,953,000Source | 10,684,000Source |
| Amortization of Intangible AssetsUSD | — | — | 1,728,000Source | 198,000Source | 1,577,000Source | 1,732,000Source | 1,685,000Source | 680,000Source | 5,823,000Source | 757,000Source | 955,000Source | 1,153,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 558,000Source | 315,000Source | 706,000Source | 844,000Source | 584,000Source | 389,000Source | 2,358,000Source | 1,934,000Source | 1,096,000Source | 1,312,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | — | 0Source | -1,933,000Source | 0Source | -203,000Source | 0Source | 0Source | 0Source | -71,000Source | -809,000Source |
| DepreciationUSD | — | — | — | — | — | — | 881,000Source | 645,000Source | 3,610,000Source | 2,463,000Source | 2,477,000Source | 2,658,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | 458,000Source | 277,000Source | 59,000Source | 239,000Source | 26,000Source | 107,000Source | 607,000Source | 195,000Source | -317,000Source | -955,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | -71,000Source | 0Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 458,000Source | 277,000Source | 59,000Source | 239,000Source | 26,000Source | 107,000Source | 607,000Source | 195,000Source | -246,000Source | -955,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | -39,000Source | 191,000Source | 97,000Source | 3,000Source | 9,000Source | 10,000Source | -226,000Source | 198,000Source | 147,000Source | 99,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | 671,000Source | 631,000Source | 466,000Source | 355,000Source | 408,000Source | 444,000Source | 1,981,000Source | 2,439,000Source | 1,134,000Source | 1,336,000Source |
| GoodwillUSD | — | — | 126,730,000Source | 59,946,000Source | 129,854,000Source | 126,730,000Source | 129,854,000Source | 126,730,000Source | 129,854,000Source | 59,946,000Source | 59,946,000Source | 59,946,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,645,000Source | 1,925,000Source | 2,572,000Source | 3,135,000Source | 2,977,000Source | -3,689,000Source | 6,012,000Source | 6,362,000Source | 4,306,000Source | 4,018,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 14,681,000Source | 7,348,000Source | 12,463,000Source | 13,534,000Source | 13,704,000Source | -13,906,000Source | 28,176,000Source | 26,727,000Source | 21,261,000Source | 23,640,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 14,681,000Source | 7,348,000Source | 12,463,000Source | 13,534,000Source | 13,704,000Source | -13,906,000Source | 28,176,000Source | 26,727,000Source | 21,261,000Source | 23,640,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | — | 593,000Source | 322,000Source | 327,000Source | 211,000Source |
| Other Interest and Dividend IncomeUSD | — | — | 908,000Source | 1,473,000Source | 532,000Source | 735,000Source | 690,000Source | 1,179,000Source | 3,516,000Source | 4,682,000Source | 3,798,000Source | 491,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 255,000Source | 172,000Source | 892,000Source | 674,000Source | 231,000Source | 172,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | — | — | — | 315,000,000Source | 420,000,000Source | 726,000,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 8,229,000Source | 4,477,000Source | 24,398,000Source | 33,782,000Source | 32,289,000Source | 51,570,000Source |
| Provision for Loan, Lease, and Other LossesUSD | — | — | 200,000Source | 425,000Source | — | — | 0Source | 13,163,000Source | 14,813,000Source | 625,000Source | 150,000Source | 250,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 200,000Source | 425,000Source | 550,000Source | 650,000Source | 0Source | 13,163,000Source | 15,113,000Source | 1,300,000Source | 1,265,000Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 5,285,000Source | 3,351,000Source | 5,430,000Source | 4,818,000Source | 4,982,000Source | 3,653,000Source | 18,993,000Source | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | — | — | — | — | 59,091,000Source | 44,881,000Source | 227,624,000Source | 139,099,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 18,326,000Source | 9,273,000Source | 15,035,000Source | 16,669,000Source | 16,681,000Source | -17,595,000Source | 34,188,000Source | 33,089,000Source | 25,567,000Source | 27,658,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,645,000Source | 1,925,000Source | 2,572,000Source | 3,135,000Source | 2,977,000Source | -3,689,000Source | 6,012,000Source | 6,362,000Source | 4,306,000Source | 4,018,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 14,681,000Source | 7,348,000Source | 12,463,000Source | 13,534,000Source | 13,704,000Source | -13,906,000Source | 28,176,000Source | 26,727,000Source | 21,261,000Source | 23,640,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.98Source | 0.86Source | 0.83Source | 0.9Source | 0.91Source | -1.3Source | 2.02Source | 3.27Source | 2.82Source | 3.15Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.97Source | 0.85Source | 0.83Source | 0.9Source | 0.91Source | -1.29Source | 2.01Source | 3.25Source | 2.82Source | 3.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 15,014,933Source | 8,567,548Source | 14,962,556Source | 14,999,067Source | 14,990,017Source | 10,676,068Source | 13,941,260Source | 8,166,472Source | 7,532,998Source | 7,504,173Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 15,061,155Source | 8,615,817Source | 15,006,518Source | 15,035,113Source | 15,041,910Source | 10,740,084Source | 13,992,099Source | 8,221,065Source | 7,572,290Source | 7,527,371Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 1,728,000Source | 198,000Source | 1,577,000Source | 1,732,000Source | 1,685,000Source | 680,000Source | 5,823,000Source | 757,000Source | 955,000Source | 1,153,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 558,000Source | 315,000Source | 706,000Source | 844,000Source | 584,000Source | 389,000Source | 2,358,000Source | 1,934,000Source | 1,096,000Source | 1,312,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | — | — | — | — | 12,000,000Source | 12,000,000Source | 12,000,000Source | — | — | — |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.28Source | 0.27Source | 0.29Source | 0.28Source | 0.29Source | 0.28Source | 1.13Source | 1.09Source | 1.05Source | 1.01Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 6,125,000Source | 6,633,000Source | 4,330,000Source | 4,033,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | -71,000Source | 0Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 33,095,000Source | 7,746,000Source |
| InterestExpenseOperatingUSD | — | — | 17,101,000Source | 11,442,000Source | 17,244,000Source | 17,603,000Source | 16,633,000Source | 13,648,000Source | 65,888,000Source | 46,662,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 37,597,000Source | 20,248,000Source | 36,697,000Source | 36,322,000Source | 36,642,000Source | 26,311,000Source | 137,070,000Source | 74,442,000Source | 65,885,000Source | 67,314,000Source |
| Labor and Related ExpenseUSD | — | — | 14,127,000Source | 8,372,000Source | 14,463,000Source | 13,731,000Source | 14,062,000Source | 10,320,000Source | 52,737,000Source | 33,408,000Source | 31,963,000Source | 30,391,000Source |
| Marketing and Advertising ExpenseUSD | — | — | 207,000Source | 168,000Source | 279,000Source | 260,000Source | 264,000Source | 256,000Source | 981,000Source | 788,000Source | 721,000Source | 764,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 14,681,000Source | 7,348,000Source | 12,463,000Source | 13,534,000Source | 13,704,000Source | -13,906,000Source | 28,176,000Source | 26,727,000Source | 21,261,000Source | 23,640,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | — | 593,000Source | 322,000Source | 327,000Source | 211,000Source |
| Other Interest and Dividend IncomeUSD | — | — | 908,000Source | 1,473,000Source | 532,000Source | 735,000Source | 690,000Source | 1,179,000Source | 3,516,000Source | 4,682,000Source | 3,798,000Source | 491,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 5,285,000Source | 3,351,000Source | 5,430,000Source | 4,818,000Source | 4,982,000Source | 3,653,000Source | 18,993,000Source | — | — | — |
Offerings
Registration 333-272337
Registration 333-296152
Filing attachments
cofs-ex99_1.htm · 8-K · 2026-10-30
EXHIBIT 99.1 News Release ChoiceOne Reports Third Quarter 2026 Results Sparta, Michigan - October 30, 2026 - ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended September 30, 2026. Highlights • ChoiceOne reported net income of $14.5 million, or $0.97 per diluted share, for the third quarter of 2026, and net income of $40.7 million, or $2.71 per diluted share, for the first nine months of 2026.…
Read attachment ↗cofs-ex99_1.htm · 8-K · 2026-07-24
EX-99.1 2 cofs-ex99_1.htm EX-99.1 EX-99.1 EXHIBIT 99.1 News Release ChoiceOne Reports Second Quarter 2026 Results Sparta, Michigan - July 24, 2026 - ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended June 30, 2026. Highlights • ChoiceOne reported net income of $12.5 million, or $0.83 per diluted share, for the second quarter of 2026, and net income of $26.2 million, or $1.74 per diluted …
Read attachment ↗ny20073888x1_ex107.htm · S-3 · 2026-05-22
Exhibit 107 CALCULATION OF FILING FEE TABLES Form S-3 (Form Type) ChoiceOne Financial Services, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered(1)(2) Proposed Maximum Offering Price Per Security(1) Maximum Aggregate Fee Rate Amount of Registration Fee(2)(3) …
Read attachment ↗ny20073888x1_ex4-1.htm · S-3 · 2026-05-22
Exhibit 4.1 ChoiceOne Financial Services, Inc. INDENTURE Dated as of, as Trustee TABLE OF CONTENTS Page ARTICLE I. DEFINITIONS AND INCORPORATION BY REFERENCE 5 Section 1.1. Definitions …
Read attachment ↗choiceex991_052026.htm · 8-K · 2026-05-20
EX-99.1 2 choiceex991_052026.htm CHOICEONE EXHIBIT 99.1 Annual Meeting 2026 EXHIBIT 99.1 2 AGENDA 39 th Annual Shareholder Meeting INTRODUCTIONS • Gregory McConnell, Chairman of the Board CALL TO ORDER & PRESENTATION OF PROPOSALS IN PROXY STATEMENT • Election of Directors • Advisory approval of ChoiceOne’s Executive Compensation • Ratification of the selection of Plante & Moran, PLLC as our registered independent public accounting firm for the year ending December 31, 2026. VOTING ANNOUNCEM…
Read attachment ↗choiceex991_050526.htm · 8-K · 2026-05-05
EX-99.1 CHARTER 2 choiceex991_050526.htm EXHIBIT 99.1 INVESTOR PRESENTATION FIRST QUARTER 2026 2 FORWARD - LOOKING STATEMENTS This presentation contains forward - looking statements that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the financial services industry, the economy, and ChoiceOne. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “is likely,” “plans,” “predicts,” “projects,” “may,” “co…
Read attachment ↗