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ChoiceOne Financial Services, Inc. filings document a Michigan financial holding company whose common stock trades on the Nasdaq Capital Market under COFS. The record includes Form 8-K reports for quarterly operating results and financial condition, Regulation FD investor presentations, and exhibits covering bank performance, deposits, loans, mortgage warehouse advances, liquidity sources, borrowings, credit quality and interest rate risk management.
Proxy materials describe annual shareholder meeting procedures, director elections, board governance and shareholder voting matters. The filings also record completed merger-related history involving Fentura Financial and The State Bank consolidation, along with recurring corporate disclosures for ChoiceOne Bank and ChoiceOne Insurance Agencies, Inc.
ChoiceOne Financial Services, Inc. files a shelf registration to offer up to $100,000,000 of securities, including common stock, preferred stock, depositary shares, debt securities and warrants.
The prospectus states the specific terms and manner of any offering will be described in a prospectus supplement and notes 14,975,035 shares of common stock issued and outstanding as of April 30, 2026. Offerings may be made from time to time.
ChoiceOne Financial Services, Inc. reported results of its annual shareholder meeting held on May 20, 2026. Shareholders elected five directors, each receiving between 8.59 million and 9.02 million votes in favor, with broker non-votes of 2.46 million on each nominee.
Shareholders approved, on an advisory basis, the compensation of the company’s named executive officers, with 8.78 million votes for, 0.40 million against, and 0.18 million abstentions, plus 2.46 million broker non-votes. They also ratified Plante & Moran PLLC as independent registered public accounting firm for the year ending December 31, 2026, with 11.63 million votes for, 0.17 million against, and 0.01 million abstentions.
ChoiceOne Financial Services, Inc. is furnishing an investor presentation for its 39th annual shareholder meeting, outlining strategy, governance and recent performance. As of 3/31/2026, ChoiceOne reports $4.4 billion in total assets, $3.7 billion in deposits and $3.0 billion in gross loans across 54 Michigan locations.
For 2025, adjusted net income was $51.5 million, with adjusted basic earnings per share of $3.70, reflecting the impact of the Fentura merger adding $1.8 billion in assets. Adjusted return on average assets reached 1.26% and adjusted return on average equity 12.87%. The company paid $1.13 in 2025 cash dividends per share, a 3.8% dividend yield as of 12/31/2025, and continues to emphasize community banking, digital capabilities and shareholder returns.
ChoiceOne Financial Services, Inc. reported a solid turnaround for the three months ended March 31, 2026. Net income was 13,704 (dollars in thousands), compared with a net loss of 13,906 a year earlier, and basic and diluted earnings per share moved to 0.91 from a loss of 1.30.
Net interest income rose to 36,642 from 26,311 as loan interest increased, while no provision for credit losses was recorded versus 13,163 previously. Noninterest expense fell to 25,776 from 35,665, mainly because prior-year merger-related expenses did not recur. Total assets were 4,394,565, deposits grew to 3,667,391, and borrowings declined to 184,819.
ChoiceOne Financial Services, Inc. furnished an investor presentation outlining its first quarter 2026 profile and recent growth. As of 3/31/2026, the Michigan community bank reported $4.4 billion in total assets, $3.7 billion in deposits, and $3.0 billion in gross loans across 54 locations.
The materials highlight a community banking model paired with modern digital services and a strong awards track record in Michigan. Core loans have grown at a historical 7.5% average rate since 2022, helped by the March 2025 merger with Fentura Financial, Inc., which added about $1.8 billion in assets and 21 branches.
Profitability and balance sheet metrics show a 3.67% tax‑equivalent net interest margin and 1.24% adjusted return on average assets for Q1 2026. Asset quality remains solid, with nonperforming loans at 1.01% of total loans and annualized net charge‑offs at 0.01%. Regulatory capital ratios are comfortably above minimums, including a holding company total risk‑based capital ratio of 13.2% and common equity Tier 1 of 10.6%.
CHOICEONE FINANCIAL SERVICES INC executive vice president Bradley Henion reported routine equity compensation-related transactions in company common stock. He received a grant of 1,455 shares at no cost as part of a stock award, while 137 shares were disposed of to cover tax liabilities at a price of $30.03 per share. Footnotes explain that some shares were forfeited upon conversion of prior stock units granted on April 30, 2023, that the new award represents a contingent right to receive common shares vesting in full on April 30, 2029, and that the reported holdings also include 31.8256 shares acquired through the reinvestment of cash dividends. These are compensation and tax-withholding events rather than open-market buying or selling.
CHOICEONE FINANCIAL SERVICES INC secretary Adom Greenland reported routine equity compensation and related tax withholding on common stock. On April 30, 2026, Greenland received an award of 1,506 shares of common stock, with a footnote stating this is a contingent right that will vest in full on April 30, 2029. To cover tax obligations, 127 shares were withheld at $30.03 per share, a non-market, tax-withholding disposition. After these transactions, Greenland directly owned 16,294.4702 shares of common stock and indirectly held 3,690.1340 shares through an IRA.
ChoiceOne Financial Services President Michael J. Burke Jr. reported routine equity compensation and related tax withholding transactions involving the company’s common stock. On April 30, 2026, he indirectly acquired 2,439 shares through a Joint Trust as a grant/award at $0.00 per share.
A footnote explains this represents a contingent right to receive common shares, which will vest in full on April 30, 2029. In a separate transaction coded F, 252 shares held through the Joint Trust were disposed of at $30.03 per share to satisfy tax obligations tied to the conversion of earlier stock units granted on April 30, 2023.
After these transactions, Burke’s indirect holdings include 11,072.5025 shares of common stock through the Joint Trust and 2,891.0800 shares through an IRA, reflecting ongoing indirect ownership rather than open‑market trading.
ChoiceOne Financial Services director and Chief Executive Officer Kelly Potes reported routine equity compensation and related share adjustments. On April 30, 2026, Potes received a grant of 4,416 shares of common stock at no cost as a contingent right that will vest in full on April 30, 2029. In connection with the conversion of stock units granted April 30, 2023, 450 shares were withheld at $30.03 per share to satisfy tax obligations rather than sold on the market. A footnote also notes the acquisition of 791.8086 shares under the ChoiceOne Financial Services, Inc. Employee Stock Purchase Plan. After these transactions, Potes directly owned 42,048.6068 common shares and indirectly held 6,890 shares through an IRA.