---
schema_version: "secwatch.filing_event.v1"
accession: "0000905729-25-000040"
form_type: "8-K"
ticker: "COFS"
cik: "0000803164"
company_name: "CHOICEONE FINANCIAL SERVICES INC"
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T18:11:54.544284+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ChoiceOne reports FY2024 results: ROAE 11.8%, core loan growth 8.2%; pending Fentura merger on track

## Summary
- Total assets $2.72B, deposits $2.21B, gross loans $1.55B; market cap $319M as of 12/31/2024.
- Core loan growth 8.2% YoY; NIM (tax-equivalent) 3.01%; ROAA 1.00%; adjusted ROAE 12.24%.
- Pending merger with Fentura Financial (parent of The State Bank, $1.8B assets) expected close March 1, 2025.
- Completed underwritten offering of 1.38M shares at $25.00 in July 2024 for $34.5M gross proceeds.
- Asset quality: NPLs/loans 0.27%, ACL 1.07%, net charge-offs 0.03%.

## SEC filing metadata
- accession: 0000905729-25-000040
- form_type: 8-K
- ticker: COFS
- cik: 0000803164
- company_name: CHOICEONE FINANCIAL SERVICES INC
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/803164/000090572925000040/0000905729-25-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/803164/000090572925000040/choice8k_021825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000905729-25-000040
- JSON: https://secwatch.observer/filing/0000905729-25-000040.json
- Plain text: https://secwatch.observer/filing/0000905729-25-000040.txt

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