ChoiceOne Financial Services Q1 2025 Update
Ticker: COFS · Form: 10-Q · Filed: May 12, 2025 · CIK: 803164
| Field | Detail |
|---|---|
| Company | Choiceone Financial Services Inc (COFS) |
| Form Type | 10-Q |
| Filed Date | May 12, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, 10-Q, quarterly-report
Related Tickers: COFS
TL;DR
**CHOICEONE FINANCIAL SERVICES INC (COFS) Q1 2025 FILING OUT: FINANCIALS DETAILED.**
AI Summary
ChoiceOne Financial Services Inc. reported its first quarter results for the period ending March 31, 2025. The company's filing indicates financial activities and asset classifications, including performing financing receivables and residential portfolio segments. Specific dollar amounts and dates related to these financial metrics are detailed within the report.
Why It Matters
This filing provides insight into the financial health and operational performance of ChoiceOne Financial Services Inc. during the first quarter of 2025, impacting investors and stakeholders.
Risk Assessment
Risk Level: medium — The filing contains detailed financial data and classifications, which can be complex and require careful analysis to fully understand the associated risks.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter being reported.)
- 20250512 — Filing Date (The date the report was officially submitted to the SEC.)
Key Players & Entities
- CHOICEONE FINANCIAL SERVICES INC (company) — Filer
- 20250331 (date) — Conformed Period of Report
- 20250512 (date) — Filed as of Date
- MI (location) — State of Incorporation
- 109 E DIVISION STREET (address) — Business Address
- SPARTA (location) — Business City
- 1ST COMMUNITY BANCORP INC (company) — Former Company Name
FAQ
What is the primary business of ChoiceOne Financial Services Inc. according to the SIC code?
The Standard Industrial Classification (SIC) code indicates the company operates in 'STATE COMMERCIAL BANKS [6022]'.
What was the former name of ChoiceOne Financial Services Inc. and when did the name change occur?
The former name was '1ST COMMUNITY BANCORP INC', and the date of the name change was '19920703'.
What is the company's primary business address?
The business address is '109 E DIVISION STREET, P O BOX 186, SPARTA, MI 49345-0186'.
What specific financial segments are mentioned in relation to financing receivables?
The filing mentions 'us-gaap:PerformingFinancingReceivableMember', 'us-gaap:ConsumerPortfolioSegmentMember', 'cof s:CommercialAndIndustrialMember', 'us-gaap:UnlikelyToBeCollectedFinancingReceivableMember', and 'cof s:ConstructionRealEstateMember'.
What is the filing type and the period it covers?
The filing type is '10-Q', and it covers the period ending '20250331'.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 12, 2025 regarding CHOICEONE FINANCIAL SERVICES INC (COFS).