Loan Growth

  • ChoiceOne Reports Second Quarter 2025 Results

    ChoiceOne Financial Services (COFS) reported its Q2 2025 financial results following its merger with Fentura Financial on March 1, 2025. The merger added approximately $1.8 billion in assets. Q2 net income was $13.53 million, up from $6.59 million year-over-year, while the six-month period resulted in a net loss largely due to merger-related expenses. GAAP net interest margin increased to 3.66%. Core loans grew organically by 10.0% over the past year. Assets reached $4.3 billion.

    1 day ago