Recent Updates — COFS
July 24, 2026View Source ↗
ChoiceOne Financial Services, Inc. reported second quarter 2026 net income of $12.5 million, or $0.83 per diluted share, compared to $13.5 million in the second quarter of 2025. The company repositioned its securities portfolio by selling $25 million in municipal securities for a pre-tax loss of $1.9 million to fund loan growth and improve its interest rate profile. Core loans increased by $87.1 million, or 11.9% annualized, during the quarter. ChoiceOne is a financial holding company that provides banking services through ChoiceOne Bank.