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 ChoiceOne Bank
ChoiceOne Bank
| RSSD ID 324340 | CERTIFICATE 1014 | ABA NUMBER 72408436 |
| 109 E Division St |
Quarter Ended : |
2025-12-31 |
| Sparta, Michigan, 49345 |
Updated : |
2026-01-30 |
| WWW.CHOICEONE.BANK |
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| Institution Profile |
| Year Opened : |
1898 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
51 |
Number of Employees : |
569 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 4,407,418 |
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Total Interest Income | 202,915 |
| Total Liabilities | 3,900,741 |
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Total NonInterest Income | 23,818 |
| Total Bank Equity Capital | 506,677 |
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Total Interest Expense | 63,077 |
| Total Deposits | 3,602,337 |
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Total NonInterest Expense | 110,577 |
| Net Loans & Leases | 2,986,483 |
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Net Income | 31,643 |
| Loan Loss Allowance | 35,550 |
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Net Charge Offs | 1,038 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 417,800 |
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Total loans | 2,954,518 |
| Total assets for the leverage ratio | 4,211,585 |
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Loans secured by real estate: | 2,566,099 |
| Tier 1 Leverage Ratio | 9.09 |
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Commercial and industrial loans | 329,784 |
| Tier 1 Capital Ratio | 11.45 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.49 |
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Loans to individuals - Other | 25,881 |
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:· ChoiceOne Bank
