Company: COFS
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001193125-25-273356
Chunk: 3

Company: CHOICEONE FINANCIAL SERVICES INC
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 3
---
 61,877

     60,483

     Total assets
     $
     4,296,902

     $
     2,723,243

     Liabilities

     Deposits – noninterest-bearing
     $
     903,925

     $
     524,945

     Deposits – interest-bearing demand deposits
      
     1,395,724

     920,167

     Savings deposits
      
     588,798

     338,109

     Certificates of deposit
      
     605,912

     394,371

     Brokered deposits
      
     72,672

     36,511

     Total deposits
      
     3,567,031

     2,214,103

     Borrowings
      
     197,752

     175,000

     Subordinated debentures
      
     48,368

     35,752

     Other liabilities
      
     34,136

     37,973

     Total liabilities
      
     3,847,287

     2,462,828

     Shareholders' Equity

     Preferred stock; shares authorized: 100,000; shares outstanding: none
      
     -

     -

     Common stock and paid-in capital, no par value; shares authorized: 30,000,000; shares outstanding: 15,017,802 at September 30, 2025 and 8,965,483 at December 31, 2024
      
     398,688

     206,780

     Retained earnings
      
     93,124

     91,414

     Accumulated other comprehensive loss, net
      
     (42,197
     )

     (37,779
     )

     Total shareholders’ equity
      
     449,615

     260,415

      Total liabilities and shareholders’ equity
     $
     4,296,902

     $
     2,723,243