Income Statement - CHOICEONE FINANCIAL SERVICES INC (COFS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 192.89 | 139.10 | 113.89 | 89.13 | 83.81 | 78.41 | 41.64 | 31.45 | 28.94 | 28.19 | 27.05 | 25.82 | 25.26 | 27.11 | 27.61 | 27.53 | 28.55 | 31.05 | 35.25 | 20.32 |
| Cost of revenue | 80.70 | 47.29 | 33.25 | 8.00 | 4.39 | 8.64 | 4.70 | 2.50 | 1.96 | 0.97 | 1.09 | 1.25 | 1.72 | 5.06 | 7.25 | 8.92 | 11.97 | 14.68 | 15.66 | 8.90 |
| Gross profit | 112.19 | 91.81 | 80.64 | 81.14 | 79.42 | 69.77 | 36.94 | 28.95 | 26.98 | 27.22 | 25.96 | 24.57 | 23.54 | 22.05 | 20.36 | 18.61 | 16.59 | 16.37 | 19.59 | 11.43 |
| Total operating expenses | 78.00 | 58.72 | 55.07 | 53.48 | 52.92 | 50.88 | 28.48 | 20.46 | 18.43 | 18.97 | 18.28 | 16.79 | 16.66 | 16.44 | 15.79 | 15.25 | 15.31 | 15.14 | 15.07 | 8.70 |
| Operating income | 34.19 | 33.09 | 25.57 | 27.66 | 26.50 | 18.89 | 8.47 | 8.49 | 8.56 | 8.25 | 7.69 | 7.77 | 6.88 | 5.61 | 4.57 | 3.37 | 1.28 | 1.23 | 4.52 | 2.73 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 34.19 | 33.09 | 25.57 | 27.66 | 26.50 | 18.89 | 8.47 | 8.49 | 8.56 | 8.25 | 7.69 | 7.77 | 6.88 | 5.61 | 4.57 | 3.37 | 1.28 | 1.23 | 4.52 | 2.73 |
| Income tax expense | 6.01 | 6.36 | 4.31 | 4.02 | 4.46 | 3.27 | 1.29 | 1.16 | 2.39 | 2.16 | 1.95 | 2.08 | 1.78 | 1.34 | 1.06 | 0.65 | -0.20 | -0.21 | 0.94 | 0.64 |
| Net income | 28.18 | 26.73 | 21.26 | 23.64 | 22.04 | 15.61 | 7.17 | 7.33 | 6.17 | 6.09 | 5.74 | 5.70 | 5.09 | 4.26 | 3.51 | 2.71 | 1.48 | 1.44 | 3.58 | 2.09 |
Show Quarterly Income Statement
Income Statement - CHOICEONE FINANCIAL SERVICES INC (COFS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 59.09 | 60.47 | 61.84 | 60.43 | 44.88 | 36.03 | 36.56 | 34.03 | 32.48 | 32.01 | 30.01 | 26.80 | 25.07 | 24.38 | 22.33 | 21.10 | 21.32 | 20.96 | 21.44 | 20.15 | 21.26 | 19.68 | 21.48 | 19.61 | 16.59 | 16.33 | 8.50 | 8.58 | 8.24 | 8.15 | 8.11 | 7.84 | 7.35 | 7.08 | 7.61 | 7.37 | 6.89 | 7.11 | 7.23 | 7.09 | 6.76 | 6.50 | 6.83 | 6.68 | 7.04 | 6.70 | 6.65 | 6.32 | 6.14 | 6.35 | 6.01 | 6.44 | 6.51 | 6.77 | 6.75 | 6.72 | 6.87 | 7.02 | 6.91 | 7.01 | 6.68 | 6.88 | 6.97 | 6.83 | 6.95 | 6.83 | 7.13 | 7.31 | 7.29 | 6.82 | 7.70 | 7.83 | 8.26 | 9.29 | 8.81 | 8.69 | 8.46 | 3.90 | 4.57 | 4.48 | 4.32 |
| Cost of revenue | 16.63 | 18.34 | 17.30 | 18.25 | 26.81 | 11.89 | 11.87 | 11.57 | 11.96 | 11.78 | 10.08 | 6.98 | 4.41 | 3.42 | 2.05 | 1.38 | 1.15 | 1.07 | 1.03 | 1.08 | 1.22 | 2.31 | 1.98 | 2.30 | 1.68 | 0.99 | 1.05 | 0.98 | 0.83 | 0.69 | 0.55 | 0.43 | 0.80 | 0.48 | 0.37 | 0.31 | 0.24 | 0.24 | 0.25 | 0.24 | 0.24 | 0.25 | 0.25 | 0.36 | 0.28 | 0.28 | 0.29 | 0.40 | 0.33 | 0.34 | 0.36 | 0.69 | 1.02 | 1.09 | 1.36 | 1.58 | 1.73 | 1.83 | 1.76 | 1.94 | 2.09 | 2.12 | 2.28 | 2.43 | 3.27 | 2.94 | 3.15 | 2.62 | 4.23 | 3.36 | 3.31 | 3.78 | 4.46 | 4.16 | 3.68 | 3.36 | 2.18 | 1.89 | 1.69 | ||
| Gross profit | 42.46 | 42.14 | 44.54 | 42.18 | 18.07 | 24.14 | 24.69 | 22.45 | 20.53 | 20.23 | 19.93 | 19.83 | 20.66 | 20.97 | 20.29 | 19.72 | 20.17 | 19.89 | 20.42 | 19.07 | 20.04 | 18.68 | 19.16 | 17.63 | 14.30 | 14.65 | 7.51 | 7.53 | 7.25 | 7.32 | 7.42 | 7.29 | 6.92 | 6.27 | 7.13 | 6.99 | 6.59 | 6.86 | 7.00 | 6.84 | 6.52 | 6.27 | 6.59 | 6.43 | 6.68 | 6.43 | 6.37 | 6.03 | 5.74 | 6.02 | 5.67 | 6.08 | 5.82 | 5.75 | 5.66 | 5.35 | 5.29 | 5.29 | 5.08 | 5.25 | 4.75 | 4.80 | 4.85 | 4.54 | 4.52 | 3.57 | 4.19 | 4.16 | 4.67 | 2.59 | 4.34 | 4.53 | 4.48 | 4.83 | 4.65 | 5.01 | 5.10 | 2.39 | 2.59 | 2.64 | |
| Total operating expenses | 25.78 | 25.35 | 26.22 | 25.51 | 35.67 | 15.34 | 15.42 | 14.28 | 13.68 | 13.78 | 13.73 | 13.57 | 14.00 | 13.22 | 13.42 | 13.16 | 13.69 | 13.76 | 13.51 | 13.13 | 12.53 | 13.77 | 14.55 | 12.15 | 10.42 | 11.00 | 6.38 | 5.76 | 5.33 | 5.32 | 5.06 | 5.11 | 4.96 | 4.19 | 4.79 | 4.78 | 4.67 | 4.61 | 4.67 | 4.90 | 4.80 | 4.63 | 4.60 | 4.49 | 4.56 | 4.30 | 4.23 | 4.21 | 4.06 | 4.19 | 4.08 | 4.28 | 4.16 | 4.25 | 4.17 | 4.01 | 4.02 | 3.94 | 3.92 | 4.07 | 3.87 | 4.00 | 3.93 | 3.72 | 3.70 | 3.75 | 3.81 | 3.95 | 3.80 | 3.82 | 3.65 | 3.67 | 3.57 | 3.55 | 3.86 | 3.86 | 3.80 | 1.80 | 1.86 | 1.92 | |
| Operating income | 16.68 | 16.79 | 18.33 | 16.67 | -17.60 | 8.80 | 9.27 | 8.18 | 6.84 | 6.45 | 6.20 | 6.25 | 6.66 | 7.75 | 6.87 | 6.56 | 6.48 | 6.13 | 6.91 | 5.95 | 7.51 | 4.91 | 4.61 | 5.48 | 3.88 | 3.65 | 1.13 | 1.77 | 1.92 | 1.99 | 2.36 | 2.18 | 1.96 | 2.09 | 2.34 | 2.22 | 1.92 | 2.26 | 2.33 | 1.94 | 1.73 | 1.64 | 1.98 | 1.95 | 2.12 | 2.13 | 2.14 | 1.82 | 1.68 | 1.83 | 1.59 | 1.80 | 1.66 | 1.50 | 1.49 | 1.34 | 1.27 | 1.36 | 1.16 | 1.18 | 0.88 | 0.80 | 0.93 | 0.82 | 0.82 | -0.19 | 0.38 | 0.21 | 0.88 | -1.23 | 0.69 | 0.85 | 0.91 | 1.27 | 0.79 | 1.15 | 1.31 | 0.59 | 0.73 | 0.72 | |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.70 | 0.00 | 0.00 | 0.00 |
| Income before tax | 16.68 | 16.79 | 18.33 | 16.67 | -17.60 | 8.80 | 9.27 | 8.18 | 6.84 | 6.45 | 6.20 | 6.25 | 6.66 | 7.75 | 6.87 | 6.56 | 6.48 | 6.13 | 6.91 | 5.95 | 7.51 | 4.91 | 4.61 | 5.48 | 3.88 | 3.65 | 1.13 | 1.77 | 1.92 | 1.99 | 2.36 | 2.18 | 1.96 | 2.09 | 2.34 | 2.22 | 1.92 | 2.26 | 2.33 | 1.94 | 1.73 | 1.64 | 1.98 | 1.95 | 2.12 | 2.13 | 2.14 | 1.82 | 1.68 | 1.83 | 1.59 | 1.80 | 1.66 | 1.50 | 1.49 | 1.34 | 1.27 | 1.36 | 1.16 | 1.18 | 0.88 | 0.80 | 0.93 | 0.82 | 0.82 | -0.19 | 0.38 | 0.21 | 0.88 | -1.23 | 0.69 | 0.85 | 0.91 | 1.27 | 0.79 | 1.15 | 1.31 | 0.70 | 0.59 | 0.73 | 0.72 |
| Income tax expense | 2.98 | 2.92 | 3.65 | 3.14 | -3.69 | 1.64 | 1.93 | 1.59 | 1.21 | 1.16 | 1.08 | 1.04 | 1.03 | 1.07 | 1.06 | 0.95 | 0.95 | 1.12 | 1.16 | 0.90 | 1.27 | 0.81 | 0.79 | 1.05 | 0.63 | 0.62 | 0.11 | 0.28 | 0.28 | 0.16 | 0.35 | 0.34 | 0.30 | 0.72 | 0.62 | 0.58 | 0.47 | 0.57 | 0.64 | 0.50 | 0.45 | 0.42 | 0.53 | 0.51 | 0.48 | 0.57 | 0.59 | 0.48 | 0.44 | 0.48 | 0.39 | 0.49 | 0.43 | 0.39 | 0.37 | 0.32 | 0.26 | 0.34 | 0.28 | 0.28 | 0.17 | 0.14 | 0.19 | 0.15 | 0.18 | -0.21 | -0.03 | -0.10 | 0.14 | -0.57 | 0.08 | 0.13 | 0.15 | 0.27 | 0.11 | 0.25 | 0.31 | 0.14 | 0.14 | 0.18 | 0.18 |
| Net income | 13.70 | 13.87 | 14.68 | 13.53 | -13.91 | 7.16 | 7.35 | 6.59 | 5.63 | 5.29 | 5.12 | 5.21 | 5.63 | 6.68 | 5.81 | 5.62 | 5.53 | 5.01 | 5.75 | 5.04 | 6.24 | 4.10 | 3.83 | 4.43 | 3.25 | 3.03 | 1.02 | 1.49 | 1.64 | 1.83 | 2.01 | 1.83 | 1.66 | 1.37 | 1.72 | 1.64 | 1.45 | 1.69 | 1.68 | 1.45 | 1.27 | 1.22 | 1.45 | 1.43 | 1.64 | 1.56 | 1.55 | 1.34 | 1.25 | 1.35 | 1.20 | 1.31 | 1.24 | 1.10 | 1.12 | 1.02 | 1.02 | 1.02 | 0.89 | 0.90 | 0.70 | 0.66 | 0.74 | 0.67 | 0.64 | 0.02 | 0.41 | 0.31 | 0.74 | -0.66 | 0.61 | 0.72 | 0.76 | 1.00 | 0.67 | 0.90 | 1.00 | 0.56 | 0.45 | 0.55 | 0.54 |