Investor Relations

As Reported Financial Statements

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-K 12/31/2019 USD 2020 Q2 YTD 10-Q 6/30/2020 USD
Document Name As Of Date Currency Code 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-K 12/31/2019 USD 2020 Q2 YTD 10-Q 6/30/2020 USD

Cash flows from operating activities

Net income

Adjustments to reconcile net income to net cash from operating activities

Provision for loan losses
Compensation expense on employee and director stock purchases, stock options, and restricted stock units
Net gains on sales of securities
Net change in market value of equity securities
Gains on sales of loans
Loans originated for sale
Proceeds from loan sales
Earnings on bank-owned life insurance
Proceeds from BOLI policy NA NA
Earnings on death benefit from bank-owned life insurance NA NA
(Gains)/losses on sales of other real estate owned
Proceeds from sales of other real estate owned
Costs capitalized to other real estate NA NA NA NA
Deferred federal income tax (benefit)/expense
Net change in
Other assets
Other liabilities
Net cash (used in)/provided by operating activities

Cash flows from investing activities

Sales of securities available for sale
Sales of equity securities NA NA
Maturities, prepayments and calls of securities available for sale
Purchases of securities available for sale
Purchases or calls of FHLB stock NA
Purchase of bank-owned life insurance policies NA NA NA NA
Purchase of Federal Reserve Bank stock NA NA NA NA
Loan originations and payments, net
Additions to premises and equipment
Cash received from merger with County Bank Corp NA NA
Net cash (used in)/provided by investing activities

Cash flows from financing activities

Net change in deposits
Net change in repurchase agreements NA
Net change in fed funds purchased
Proceeds from borrowings
Payments on borrowings
Issuance of common stock
Repurchase of common stock NA
Cash dividends
Cash related to equity issuance for merger NA NA
Net cash provided by/(used in) financing activities
Net change in cash and cash equivalents
Beginning cash and cash equivalents
Ending cash and cash equivalents

Supplemental disclosures of cash flow information

Cash paid for interest
Cash paid for income taxes
Loans transferred to other real estate owned
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
You are leaving this website.

You have clicked on an external link and are leaving the website. ChoiceOne Bank provides these links as a convenience and isn’t responsible for the security or content of any linked page.

What You Will Need

Applying is fast and easy. Here’s what you’ll need to have ready:

  1. Your Social Security Number or Individual Tax Identification Number (ITIN)
  2. A US government-issued photo ID (e.g. Driver’s License, Passport, or State)
  3. A credit or debit card to fund your new account
  4. A valid email address


To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial Banks to obtain, verify, and record information that identifies each person who opens an account.

What this means for you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We must also ask to see your driver’s license or other identifying documents.

Online Applications are available for residents of our service area including Kent, Newaygo, Muskegon, Ottawa, Montcalm, Oceana, Osceola, Ionia, Mecosta, Lake, Allegan, and Barry Counties in Michigan.