---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-030833"
form_type: "8-K"
ticker: "COFS"
cik: "0000803164"
company_name: "CHOICEONE FINANCIAL SERVICES INC"
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T22:21:28.509829+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ChoiceOne completes Fentura merger; combined assets exceed $4B, exchange ratio 1.35:1

## Summary
- Fentura merged into ChoiceOne effective March 1, 2025; each Fentura share converted to 1.35 ChoiceOne shares plus cash for fractions.
- Pro forma net income for 9 months ended Sep 30, 2024: $33.1M ($2.20 basic EPS); tangible book value per share $16.61.
- Combined operations total $4.56B in assets and 56 Michigan offices; The State Bank consolidation expected March 14, 2025.
- Board expanded to 15 directors; former Fentura directors Brian Petty and Randy Hicks appointed, expected to serve on key committees.

## SEC filing metadata
- accession: 0000950170-25-030833
- form_type: 8-K
- ticker: COFS
- cik: 0000803164
- company_name: CHOICEONE FINANCIAL SERVICES INC
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/803164/000095017025030833/0000950170-25-030833-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/803164/000095017025030833/cofs-20250301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-030833
- JSON: https://secwatch.observer/filing/0000950170-25-030833.json
- Plain text: https://secwatch.observer/filing/0000950170-25-030833.txt

## Key facts
- Executive change
  Brian Petty was appointed as Director at CHOICEONE FINANCIAL SERVICES INC.
  - Action: appointed
  - Role: Director
  source text: the Board appointed Brian Petty and Randy Hicks, M.D., former directors of Fentura, as directors of ChoiceOne to fill the resulting vacancies.
  evidence_url: https://www.sec.gov/Archives/edgar/data/803164/000095017025030833/0000950170-25-030833-index.htm
- Executive change
  Randy Hicks was appointed as Director at CHOICEONE FINANCIAL SERVICES INC.
  - Action: appointed
  - Role: Director
  source text: the Board appointed Brian Petty and Randy Hicks, M.D., former directors of Fentura, as directors of ChoiceOne to fill the resulting vacancies.
  evidence_url: https://www.sec.gov/Archives/edgar/data/803164/000095017025030833/0000950170-25-030833-index.htm
- M&A Transactions
  CHOICEONE FINANCIAL SERVICES INC completed an acquisition involving Fentura Financial, Inc. (closed 2025-03-01).
  - Action: acquisition
  - Counterparty: Fentura Financial, Inc.
  - Closing: 2025-03-01
  source text: Effective March 1, 2025, pursuant to the Agreement and Plan of Merger, dated as of July 25, 2024 (the “Merger Agreement”), by and between ChoiceOne Financial Services, Inc. (“ChoiceOne”) and Fentura Financial, Inc. (“Fentura”), Fentura was merged with and into ChoiceOne, with ChoiceOne continuing as the surviving corporation in the merger (the “Merger”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/803164/000095017025030833/0000950170-25-030833-index.htm

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