---
schema_version: "secwatch.filing_event.v1"
accession: "0000905729-23-000127"
form_type: "8-K"
ticker: "COFS"
cik: "0000803164"
company_name: "CHOICEONE FINANCIAL SERVICES INC"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:41:04.108951+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ChoiceOne Financial Services reports financial snapshot as of June 30, 2023

## Summary
- Total assets $2.48B, deposits $2.09B, gross loans $1.27B as of June 30, 2023.
- Annualized ROAA 0.90%, ROAE 12.75%; CET1 ratio 10.5%.
- NPAs/total assets 0.07%, net charge-offs 1 bps trailing 12 months.
- Loan-to-deposit ratio 61%; core deposits 89%, noninterest-bearing 26%.
- Uses $401M notional interest rate swaps and $160M BTFP borrowing.

## SEC filing metadata
- accession: 0000905729-23-000127
- form_type: 8-K
- ticker: COFS
- cik: 0000803164
- company_name: CHOICEONE FINANCIAL SERVICES INC
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/803164/000090572923000127/0000905729-23-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/803164/000090572923000127/choice8k_090623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000905729-23-000127
- JSON: https://secwatch.observer/filing/0000905729-23-000127.json
- Plain text: https://secwatch.observer/filing/0000905729-23-000127.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.