---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-017882"
form_type: "8-K"
ticker: "COFS"
cik: "0000803164"
company_name: "CHOICEONE FINANCIAL SERVICES INC"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:25:07.387753+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ChoiceOne Q2 net income $5.6M, EPS $0.75; core loans grow 23.8% annualized

## Summary
- Net income $5.615M ($0.75 diluted EPS) vs $5.043M ($0.65) in Q2 2021.
- Core loans grew organically $60.7M (23.8% annualized) in Q2; commercial loans drove $42.0M.
- Total deposits up 13.7% YoY to $257.8M; interest expense rose only 3.5% in H1.
- No provision for loan losses; allowance 0.69% of total loans.
- Expanding into Oakland County with a new loan production office.

## SEC filing metadata
- accession: 0001437749-22-017882
- form_type: 8-K
- ticker: COFS
- cik: 0000803164
- company_name: CHOICEONE FINANCIAL SERVICES INC
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/803164/000143774922017882/0001437749-22-017882-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/803164/000143774922017882/cofs20220609_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-017882
- JSON: https://secwatch.observer/filing/0001437749-22-017882.json
- Plain text: https://secwatch.observer/filing/0001437749-22-017882.txt

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