ChoiceOne Financial Services, Inc. (COFS)

COFS Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	87.99	96.75	55.43	43.94	31.89
Securities and Investments	980.08	896.12	939.58	972.8	1,116
Other Earning Assets	66.17	47.17	24.11	4.83	51.98
Gross Loans	3,022	1,546	1,411	1,190	1,017
Allowance for Loan Losses	-35.55	-16.55	-15.69	-7.62	-7.69
Net Loans	2,986	1,529	1,395	1,182	1,009
Net Property, Plant & Equipment	48.11	27.1	29.75	28.23	29.88
Other Intangible Assets	31.15	1.1	1.85	2.81	3.96
Goodwill	129.85	59.95	59.95	59.95	59.95
Other Non-Earning Assets	139.7	105.85	90.47	91.19	63.6
Total Assets	4,411	2,723	2,577	2,386	2,367
Interest-bearing deposits	2,693	1,689	1,574	1,518	1,491
Noninterest-bearing deposits	907.01	524.95	547.63	599.58	560.93
Total Deposits	3,600	2,214	2,122	2,118	2,052
Long-Term Debt	313.25	210.75	235.51	85.26	85.02
Other Liabilities	31.93	37.97	23.51	13.78	7.7
Total Liabilities	3,945	2,463	2,381	2,217	2,145
Additional Paid-in Capital	398.39	206.78	173.51	172.28	171.91
Accumulated Other Comprehensive Income	-35.67	-37.78	-51.58	-71.8	-2.58
Retained Earnings	102.64	91.41	73.7	68.39	52.33
Shareholders' Equity	465.35	260.42	195.63	168.87	221.67
Total Liabilities & Equity	4,411	2,723	2,577	2,386	2,367
Total Debt	313.25	210.75	235.51	85.26	85.02
Net Cash (Debt)	-313.25	-210.75	-235.51	-85.26	-85.02
Net Cash Per Share	-22.39	-25.64	-31.10	-11.33	-11.04
Book Value	465.35	260.42	195.63	168.87	221.67
Book Value Per Share	33.26	31.68	25.84	22.43	28.78
Tangible Book Value	304.35	199.37	133.83	106.12	157.76
Tangible Book Value Per Share	21.75	24.25	17.67	14.10	20.48

Updated Jan 30, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q