ChoiceOne Financial Services, Inc. (COFS)
NASDAQ: COFS · Real-Time Price · USD
37.31
+0.62 (1.69%)
Nov 9, 2026, 4:00 PM EST - Market closed
COFS Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 94.97 | 87.99 | 96.75 | 55.43 | 43.94 | 31.89 |
Investment Securities | 913.32 | 557.09 | 546.14 | 553.23 | 555.19 | 674.26 |
Trading Asset Securities | - | 10.26 | 24.34 | 8.88 | 9.2 | - |
Mortgage-Backed Securities | - | 391.87 | 335.29 | 376.83 | 409.04 | 433.12 |
Total Investments | 913.32 | 959.23 | 905.77 | 938.94 | 973.43 | 1,107 |
Gross Loans | 3,095 | 3,022 | 1,546 | 1,411 | 1,190 | 1,059 |
Allowance for Loan Losses | -35.99 | -35.55 | -16.55 | -15.69 | -7.62 | -7.69 |
Net Loans | 3,059 | 2,986 | 1,529 | 1,395 | 1,182 | 1,052 |
Property, Plant & Equipment | 50.4 | 48.11 | 27.1 | 29.75 | 28.23 | 29.88 |
Goodwill | 129.85 | 129.85 | 59.95 | 59.95 | 59.95 | 59.95 |
Other Intangible Assets | 26.32 | 31.15 | 1.1 | 1.85 | 2.81 | 3.96 |
Loans Held for Sale | 1.57 | 7.19 | 7.29 | 4.71 | 4.83 | 9.35 |
Accrued Interest Receivable | - | 11 | 7.1 | 6.9 | - | - |
Other Real Estate Owned & Foreclosed | - | 2.52 | 0.47 | 0.12 | - | 0.19 |
Other Long-Term Assets | 167.82 | 128.47 | 79.25 | 79.63 | 87.05 | 68.47 |
Total Assets | 4,459 | 4,411 | 2,723 | 2,577 | 2,386 | 2,367 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Bearing Deposits | 2,735 | 2,371 | 1,479 | 1,375 | 1.74 | 1,404 |
Institutional Deposits | - | 322 | 210.5 | 199.7 | 148.9 | 87.3 |
Non-Interest Bearing Deposits | 936.95 | 907.01 | 524.95 | 547.63 | 1,967 | 560.93 |
Total Deposits | 3,672 | 3,600 | 2,214 | 2,122 | 2,118 | 2,052 |
Short-Term Borrowings | - | 226.6 | 135.69 | 170 | 55.82 | - |
Current Portion of Long-Term Debt | - | 20 | 20 | - | - | 50 |
Current Portion of Leases | - | 0.69 | - | - | - | - |
Long-Term Debt | 48.73 | 48.46 | 35.75 | 35.51 | 35.26 | 35.02 |
Federal Home Loan Bank Debt, Long-Term | 234.88 | 20 | 20 | 30 | - | - |
Long-Term Leases | - | 2.17 | - | - | - | - |
Other Long-Term Liabilities | 33.92 | 27.26 | 37.29 | 23.51 | 7.95 | 7.7 |
Total Liabilities | 3,989 | 3,945 | 2,463 | 2,381 | 2,217 | 2,145 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 395.88 | 398.39 | 206.78 | 173.51 | 172.28 | 171.91 |
Retained Earnings | 130.35 | 102.64 | 91.41 | 73.7 | 68.39 | 52.33 |
Comprehensive Income & Other | -56.42 | -35.67 | -37.78 | -51.58 | -71.8 | -2.58 |
Shareholders' Equity | 469.81 | 465.35 | 260.42 | 195.63 | 168.87 | 221.67 |
Total Liabilities & Equity | 4,459 | 4,411 | 2,723 | 2,577 | 2,386 | 2,367 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 283.61 | 317.92 | 211.44 | 235.51 | 91.09 | 85.02 |
Net Cash (Debt) | -188.65 | -219.67 | -90.35 | -171.19 | -37.94 | -53.13 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -12.54 | -15.70 | -10.99 | -22.61 | -5.04 | -6.90 |
Filing Date Shares Outstanding | 14.92 | 14.98 | 8.97 | 7.55 | 7.52 | 7.52 |
Total Common Shares Outstanding | 14.92 | 15 | 8.97 | 7.55 | 7.52 | 7.51 |
Book Value Per Share | 31.49 | 31.02 | 29.05 | 25.92 | 22.47 | 29.52 |
Tangible Book Value | 313.64 | 304.35 | 199.37 | 133.83 | 106.12 | 157.76 |
Tangible Book Value Per Share | 21.02 | 20.29 | 22.24 | 17.73 | 14.12 | 21.01 |