ChoiceOne Financial Services Inc
NASDAQ:COFS
Balance Sheet
Balance Sheet Decomposition
ChoiceOne Financial Services Inc
ChoiceOne Financial Services Inc
Balance Sheet
ChoiceOne Financial Services Inc
| Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||
| Net Loans |
328
|
325
|
322
|
318
|
312
|
315
|
306
|
311
|
342
|
345
|
365
|
401
|
425
|
849
|
1 097
|
1 052
|
1 182
|
1 395
|
1 529
|
2 986
|
|
| Investments |
85
|
91
|
87
|
92
|
107
|
124
|
146
|
147
|
153
|
172
|
184
|
172
|
180
|
370
|
623
|
1 135
|
991
|
961
|
933
|
1 014
|
|
| PP&E Net |
12
|
12
|
12
|
12
|
13
|
12
|
12
|
12
|
12
|
12
|
13
|
13
|
16
|
24
|
30
|
30
|
28
|
30
|
27
|
48
|
|
| PP&E Gross |
12
|
12
|
12
|
12
|
13
|
12
|
12
|
12
|
12
|
12
|
13
|
0
|
16
|
24
|
30
|
30
|
28
|
30
|
27
|
0
|
|
| Accumulated Depreciation |
4
|
5
|
6
|
6
|
7
|
7
|
8
|
9
|
9
|
10
|
11
|
0
|
13
|
15
|
16
|
16
|
18
|
21
|
22
|
0
|
|
| Intangible Assets |
4
|
4
|
4
|
3
|
3
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
6
|
5
|
4
|
3
|
2
|
1
|
31
|
|
| Goodwill |
14
|
14
|
14
|
14
|
14
|
14
|
14
|
14
|
14
|
14
|
14
|
14
|
14
|
53
|
61
|
60
|
60
|
60
|
60
|
130
|
|
| Customer Acceptances Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Assets |
31
|
31
|
32
|
33
|
33
|
30
|
30
|
29
|
31
|
31
|
35
|
35
|
36
|
95
|
109
|
124
|
151
|
150
|
166
|
270
|
|
| Total Assets |
467
N/A
|
470
+1%
|
464
-1%
|
466
+0%
|
481
+3%
|
496
+3%
|
509
+3%
|
515
+1%
|
550
+7%
|
568
+3%
|
607
+7%
|
647
+6%
|
671
+4%
|
1 386
+107%
|
1 919
+38%
|
2 367
+23%
|
2 386
+1%
|
2 577
+8%
|
2 723
+6%
|
4 411
+62%
|
|
| Liabilities | |||||||||||||||||||||
| Short-Term Debt |
16
|
22
|
19
|
21
|
22
|
22
|
20
|
26
|
27
|
10
|
8
|
7
|
5
|
0
|
0
|
0
|
0
|
170
|
155
|
0
|
|
| Total Deposits |
366
|
352
|
347
|
365
|
390
|
403
|
424
|
418
|
435
|
475
|
512
|
540
|
577
|
1 155
|
1 675
|
2 052
|
2 118
|
2 122
|
2 214
|
3 600
|
|
| Other Interest Bearing Liabilities |
24
|
36
|
40
|
22
|
9
|
8
|
0
|
6
|
18
|
11
|
12
|
20
|
5
|
33
|
9
|
50
|
50
|
30
|
20
|
265
|
|
| Total Current Liabilities |
16
|
22
|
19
|
21
|
22
|
22
|
20
|
26
|
27
|
10
|
8
|
7
|
5
|
0
|
0
|
0
|
0
|
170
|
155
|
0
|
|
| Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
35
|
35
|
36
|
36
|
48
|
|
| Other Liabilities |
9
|
8
|
6
|
5
|
6
|
4
|
4
|
3
|
4
|
2
|
3
|
3
|
3
|
6
|
5
|
8
|
14
|
24
|
38
|
32
|
|
| Total Liabilities |
415
N/A
|
417
+0%
|
411
-1%
|
413
+0%
|
426
+3%
|
438
+3%
|
448
+2%
|
453
+1%
|
484
+7%
|
498
+3%
|
536
+8%
|
570
+6%
|
590
+4%
|
1 194
+102%
|
1 692
+42%
|
2 145
+27%
|
2 217
+3%
|
2 381
+7%
|
2 463
+3%
|
3 945
+60%
|
|
| Equity | |||||||||||||||||||||
| Common Stock |
46
|
46
|
46
|
46
|
47
|
47
|
47
|
47
|
47
|
47
|
46
|
50
|
55
|
163
|
179
|
172
|
172
|
174
|
207
|
398
|
|
| Retained Earnings |
5
|
7
|
6
|
6
|
7
|
9
|
12
|
15
|
19
|
22
|
26
|
26
|
27
|
28
|
38
|
52
|
68
|
74
|
91
|
103
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
14
|
3
|
91
|
65
|
48
|
0
|
|
| Other Equity |
0
|
1
|
0
|
1
|
1
|
2
|
2
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
3
|
1
|
19
|
14
|
10
|
36
|
|
| Total Equity |
52
N/A
|
53
+3%
|
52
-2%
|
53
+1%
|
54
+3%
|
58
+7%
|
61
+4%
|
62
+2%
|
66
+7%
|
70
+5%
|
72
+3%
|
77
+7%
|
81
+5%
|
192
+139%
|
227
+18%
|
222
-2%
|
169
-24%
|
196
+16%
|
260
+33%
|
465
+79%
|
|
| Total Liabilities & Equity |
467
N/A
|
470
+1%
|
464
-1%
|
466
+0%
|
481
+3%
|
496
+3%
|
509
+3%
|
515
+1%
|
550
+7%
|
568
+3%
|
607
+7%
|
647
+6%
|
671
+4%
|
1 386
+107%
|
1 919
+38%
|
2 367
+23%
|
2 386
+1%
|
2 577
+8%
|
2 723
+6%
|
4 411
+62%
|
|
| Shares Outstanding | |||||||||||||||||||||
| Common Shares Outstanding |
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
7
|
8
|
8
|
8
|
8
|
9
|
15
|
|