---
schema_version: "secwatch.filing_event.v1"
accession: "0000905729-24-000162"
form_type: "8-K"
ticker: "COFS"
cik: "0000803164"
company_name: "CHOICEONE FINANCIAL SERVICES INC"
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:36:10.163408+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ChoiceOne Q3 2024 snapshot: $2.73B assets, 1.09% ROAA, pending Fentura merger

## Summary
- Total assets $2.726B, deposits $2.208B, gross loans $1.51B as of Sept 30, 2024.
- Q3 2024 annualized ROAA 1.09%, ROAE 12.36%; adjusted ROAA 1.19%, ROAE 13.42%.
- Core loan growth 14.0% trailing 12 months; non-brokered deposits grew 19.5% annualized in Q3.
- Net interest margin (tax-equivalent) 3.23% in Q3 2024; efficiency ratio 60.80% (adjusted 58.22%).
- Pending merger with Fentura Financial ($1.8B assets) announced July 25, subject to approvals.

## SEC filing metadata
- accession: 0000905729-24-000162
- form_type: 8-K
- ticker: COFS
- cik: 0000803164
- company_name: CHOICEONE FINANCIAL SERVICES INC
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/803164/000090572924000162/0000905729-24-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/803164/000090572924000162/choice8k_110424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000905729-24-000162
- JSON: https://secwatch.observer/filing/0000905729-24-000162.json
- Plain text: https://secwatch.observer/filing/0000905729-24-000162.txt

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