CHOICEONE FINANCIAL SERVICES INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $14.8m $36.8m $19.7m $59.6m $79.5m $31.9m $43.9m $55.4m $96.8m $88.0m
Property, Plant and Equipment, Net $12.6m $12.9m $15.9m $24.3m $29.5m $29.9m $28.2m $29.8m $27.1m $48.1m
Goodwill $13.7m $13.7m $13.7m $52.9m $60.5m $59.9m $59.9m $59.9m $59.9m $129.9m
Intangible Assets, Net (Excluding Goodwill) $31.1m
Additional Financial Items
AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax ($1.1m) $169k ($1.1m) $1.7m $14.0m ($3.3m) ($89.0m) ($69.6m) ($61.1m) ($52.6m)
Assets $607.4m $646.5m $670.5m $1.4b $1.9b $2.4b $2.4b $2.6b $2.7b $4.4b
LIABILITIES AND EQUITY
Deferred Tax Liabilities, Net $723k $656k
Liabilities $535.7m $570.0m $590.1m $1.2b $1.7b $2.1b $2.2b $2.4b $2.5b $3.9b
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0
Retained Earnings (Accumulated Deficit) $26.0m $26.0m $26.7m $28.1m $37.5m $52.3m $68.4m $73.7m $91.4m $102.6m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($598k) $237k ($732k) $1.5m $11.0m ($2.6m) ($71.8m) ($51.6m) ($37.8m) ($35.7m)
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax ($157k) ($132k) ($181k) ($158k) $0 $0
Stockholders' Equity Attributable to Parent $71.7m $76.5m $80.5m $192.1m $227.3m $221.7m $168.9m $195.6m $260.4m $465.4m
Liabilities and Equity $607.4m $646.5m $670.5m $1.4b $1.9b $2.4b $2.4b $2.6b $2.7b $4.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.