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ChoiceOne Financial Reports First Quarter 2021 Results

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. ....

Michigan , United-states , Ottawa , Ontario , Canada , Muskegon , Newaygo , Macomb , Choiceone-financial-services-inc , Community-shores , Small-business-administration

ChoiceOne Financial Announces Cash Dividend

ChoiceOne Financial Announces Cash Dividend
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SPARTA, Mich., March 2, 2021 /PRNewswire/ ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation s common stock of $0.22 per share. The cash dividend is payable to shareholders of record as of March 15, 2021 and will be paid on March 31, 2021. The dividend declared for the first quarter of 2021 is equal to the dividend paid in the fourth quarter of 2020 and is $0.02 higher than the dividend paid in the first quarter of 2020.
ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan and the parent corporation of ChoiceOne Bank, Member FDIC. ChoiceOne Bank operates 34 offices in parts of Kent, Lapeer, Macomb, Muskegon, Newaygo, Ottawa, and St. Clair Counties in Michigan. ChoiceOne Bank offers insurance and investment products through its subsid ....

Muskegon , Michigan , United-states , Newaygo , Macomb , Ottawa , Ontario , Canada , Prnewswire-choiceone-financial-services-inc , Choiceone-insurance-agencies-inc , Choiceone-financial-services-inc

ChoiceOne Bank Receives MiBiz Annual M&A Deal of the Year Award

ChoiceOne Bank Receives MiBiz Annual M&A Deal of the Year Award
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SPARTA, Mich., Feb. 18, 2021 /PRNewswire/ ChoiceOne Financial Services, Inc. (Nasdaq: COFS), the parent company of ChoiceOne Bank, is pleased to announce ChoiceOne Financial Services, Inc., won the M&A Deal of the Year Award in the Finance/Banking category.
The M&A Deal of the Year Award recognizes a company for its dealmaking activity between July 1, 2019 through Dec. 31, 2020. The corporate deal awards highlight interesting, strategic or challenging transactions that offer lessons, best practices and insight into the local, national and regional economy. ....

Michigan , United-states , Choiceone-financial-services-inc , Nasdaq , Prnewswire-choiceone-financial-services-inc , Lakestone-bank , Community-shores-bank-corporation , Community-shores-bank , Choiceone-bank , Bank-corp , Paycheck-protection-program

ChoiceOne Financial Reports Fourth Quarter And Year End 2020 Results

Press release content from PR Newswire. The AP news staff was not involved in its creation.
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, ....

Ottawa , Ontario , Canada , Muskegon , Michigan , United-states , Newaygo , Macomb , Choiceone-financial-services-inc , Nasdaq , Lakestone-bank