---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-007734"
form_type: "8-K"
ticker: "COFS"
cik: "0000803164"
company_name: "CHOICEONE FINANCIAL SERVICES INC"
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T21:33:23.561096+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ChoiceOne Q4 net income $7.2M, up 35% YoY; EPS $0.79; core loans grow 11% annualized

## Summary
- Net income $7.159M in Q4, up 35.3% YoY; adjusted net income $7.532M; diluted EPS $0.79 ($0.83 adjusted).
- Core loans grew $40.3M (annualized 11.0%) in Q4; full-year 2024 organic loan growth $114.5M (8.2%).
- Deposits (ex-brokered) declined $24M in Q4 due to seasonal public fund outflows; up $79M in 2024.
- Asset quality strong: nonperforming loans to total loans 0.27%; annualized net charge-offs 0.04%.
- Pending merger with Fentura Financial and State Bank expected to close in Q1 2025.

## SEC filing metadata
- accession: 0000950170-25-007734
- form_type: 8-K
- ticker: COFS
- cik: 0000803164
- company_name: CHOICEONE FINANCIAL SERVICES INC
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/803164/000095017025007734/0000950170-25-007734-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/803164/000095017025007734/cofs-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-007734
- JSON: https://secwatch.observer/filing/0000950170-25-007734.json
- Plain text: https://secwatch.observer/filing/0000950170-25-007734.txt

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