ChoiceOne Financial Services, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 9, 2026, reporting third-quarter net income of $14,545 thousand and total assets of $4.46 billion.

Key Highlights

  • Net income of $14,545 thousand for the three months ended September 30, 2026, compared to $14,681 thousand in the same period of 2025, according to the filing.
  • Diluted earnings per share of $0.97 for Q3 2026, with nine-month diluted EPS of $2.71, the company disclosed.
  • Total assets reached $4,459,105 thousand as of September 30, 2026, up from $4,410,551 thousand at December 31, 2025.
  • Core loans of $3,052,799 thousand at September 30, 2026, rising from $2,963,047 thousand at year-end 2025.
  • Net interest income of $38,435 thousand for the third quarter of 2026, compared to $37,597 thousand in Q3 2025.
  • Dividends declared per share of $0.29 for the third quarter of 2026, up from $0.28 in Q3 2025.
  • 14,923,972 shares of common stock outstanding as of October 31, 2026, as reported on the filing's cover page.

ChoiceOne Financial Services Q3 2026 Financial Results and Balance Sheet Position

According to the filing, ChoiceOne Financial Services, Inc. (NASDAQ:COFS) reported net income of $14,545 thousand for the three months ended September 30, 2026, a slight decrease from $14,681 thousand in the third quarter of 2025. For the nine months ended September 30, 2026, the company disclosed net income of $40,712 thousand, compared to $14,309 thousand for the same period in 2025. The year-over-year nine-month improvement was influenced in part by merger related expenses of $17,369 thousand recorded in the nine months ended September 30, 2025, with no comparable charge in 2026.

Total interest income for Q3 2026 was reported at $55,690 thousand, up from $54,698 thousand in Q3 2025. Total interest expense was $17,255 thousand for the quarter, compared to $17,101 thousand a year earlier, the filing stated. The provision for credit losses on loans was $900 thousand in Q3 2026, compared to $200 thousand in Q3 2025. For the nine-month period, provision for credit losses on loans was $1,450 thousand versus $14,013 thousand in the prior year period. Total noninterest expense was $26,545 thousand in Q3 2026, rising from $26,215 thousand in Q3 2025.

On the balance sheet, the company disclosed total deposits of $3,671,769 thousand at September 30, 2026, up from $3,600,025 thousand at December 31, 2025. Total shareholders' equity was $469,809 thousand at the end of Q3 2026, compared to $465,353 thousand at year-end 2025. Accumulated other comprehensive loss, net, widened to $(56,423) thousand from $(35,674) thousand at December 31, 2025, reflecting changes in unrealized losses on available-for-sale securities and cash flow hedges. The allowance for credit losses stood at $35,990 thousand at September 30, 2026, versus $35,550 thousand at December 31, 2025.

What Was Disclosed

ChoiceOne Financial Services filed its quarterly report covering the period ended September 30, 2026, disclosing income statement results, balance sheet figures, and changes in shareholders' equity. The filing covers NASDAQ:COFS and was submitted November 9, 2026.