COFS · XBRL financial data

ChoiceOne Financial Services financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (COFS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	—	—	89	114	139	228
Interest expense	5	4	8	33	—	—
Income tax expense (benefit)	3	4	4	4	6	6
Net income (loss)	16	22	24	21	27	28
Earnings per share, basic USD per share	2.08	2.87	3.15	2.82	3.27	2.02
Earnings per share, diluted USD per share	2.07	2.86	3.15	2.82	3.25	2.01
Weighted average shares, basic millions of shares	8	8	8	8	8	14
Weighted average shares, diluted millions of shares	8	8	8	8	8	14

Fiscal years (COFS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	80	32	44	55	97	88
Property and equipment, net	29	30	28	30	27	48
Goodwill	61	60	60	60	60	130
Total assets	1,919	2,367	2,386	2,577	2,723	4,411
Total deposits	1,675	2,052	2,118	2,122	2,214	3,600
Total liabilities	1,692	2,145	2,217	2,381	2,463	3,945
Retained earnings	37	52	68	74	91	103
Total stockholders' equity	227	222	169	196	260	465
Total liabilities and equity	1,919	2,367	2,386	2,577	2,723	4,411
Common shares outstanding (cover page) millions of shares	8	8	8	8	9	15

Fiscal years (COFS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	16	22	24	21	27	28
Stock-based compensation	1	1	1	1	1	1
Net cash from operating activities	8	38	45	46	49	32
Purchases of property and equipment	2	3	1	4	2	7
Net cash from investing activities	(251)	(521)	(90)	(181)	(98)	107
Proceeds from issuing common stock	0	0	0	0	1	1
Share repurchases	0	8	1	0	0	3
Dividends paid	6	7	8	8	9	17
Proceeds from long-term debt	10	88	726	420	315	—
Repayments of long-term debt	34	14	726	270	340	—
Net cash from financing activities	262	436	58	146	91	(147)
Net change in cash	20	(48)	12	11	41	(9)

SIC 6022 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6022 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Choiceone Financial Services	89	59*	30*	15.0M	—	Q2 FY26 10-QJun 30, 2026
Firstsun Capital Bancorp	990	not reported	1,104*	not reported	—	Q2 FY26 10-QJun 30, 2026
First Carolina Financial Services	119	5.5	not reported	31.1M	—	Q2 FY26 10-QJun 30, 2026
California BanCorp	265	not reported	15*	32.2M	—	Q2 FY26 10-QJun 30, 2026
Civista Bancshares	62	5.7	17*	20.8M	—	Q2 FY26 10-QJun 30, 2026
First Business Financial Services	92	not reported	5.5*	8.3M	—	Q3 FY26 10-QSep 30, 2026
Northpointe Bancshares	538	not reported	3.9*	34.6M	—	Q2 FY26 10-QJun 30, 2026
Arrow Financial	187	not reported	16*	18.5M	—	Q2 FY26 10-QJun 30, 2026
Flushing Financial	159	not reported	(8.9)	33.9M	17.8 quarters	Q1 FY26 10-QMar 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.