ChoiceOne Financial Reports First Quarter 2021 Results
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SPARTA, Mich., April 21, 2021 /PRNewswire/ ChoiceOne Financial Services, Inc. ( ChoiceOne ,NASDAQ: COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended March 31, 2021.
Significant items impacting comparable first quarter 2021 and 2020 results include the following:
On July 1, 2020, ChoiceOne completed the merger of Community Shores Bank Corporation, the former parent company of Community Shores Bank, with and into ChoiceOne with ChoiceOne surviving the merger. Community Shores Bank was consolidated with and into ChoiceOne Bank effective October 16, 2020. The total assets, loans and deposits acquired in the merger with Community Shores were approximately $244.0 million, $173.9 million and $227.8 million, respectively.
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ChoiceOne Financial Reports Fourth Quarter And Year End 2020 Results
January 30, 2021 GMT
(PRNewsfoto/ChoiceOne Financial Services, I)
SPARTA, Mich., Jan. 30, 2021 /PRNewswire/ ChoiceOne Financial Services, Inc. (“ChoiceOne”, NASDAQ:COFS), the parent company for ChoiceOne Bank reported financial results for the quarter and year ended December 31, 2020.
Significant items impacting comparable fourth quarter and year end 2020 and 2019 results include the following:
On October 1, 2019, ChoiceOne completed the merger (the “County Merger”) of County Bank Corp., the former parent company of Lakestone Bank & Trust, with and into ChoiceOne with ChoiceOne surviving the merger. Lakestone Bank & Trust was consolidated with and into ChoiceOne Bank effective May 15, 2020. The total assets, loans and deposits acquired in the County Merger were approximately $712 million, $424 million and $568