Choiceone Financial Services Inc (COFS) Interest Expense - Debt (2010 - 2026)
Choiceone Financial Services (COFS) recorded Interest Expense - Debt of $2.1 million in Q2 2026, up 26.7% from $1.66 million a year earlier but down 3.7% from the prior quarter.
Choiceone Financial Services Inc (COFS) Interest Expense - Debt (2010 - 2026) Analysis & Trends
On a TTM basis, Choiceone Financial Services' Interest Expense - Debt came in at $8.77 million as of Jun 30, 2026, up 81.0% year-over-year; for FY2025, it was $8.2 million, up 301.8% from FY2024.
- Annual Interest Expense - Debt has increased for five straight years, with a five-year compound annual growth rate of 102.8% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Debt came in at $2.04 million in FY2024 (+15.2%), $1.77 million in FY2023 (+18.8%), $1.49 million in FY2022 (+131.2%) and $645,000 in FY2021 (+169.9%).
- Quarterly Interest Expense - Debt has ranged from $1,000 in Q1 2022 to $2.56 million in Q4 2025 over the past five years.
- On a year-over-year basis, Interest Expense - Debt has increased for eight consecutive quarters, with growth averaging 183.6% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Debt in the last five years was growth of 365.3% in Q1 2025, against a decline of 81.6% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.18 million (Q1 2026), $2.56 million (Q4 2025) and $1.93 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.10 Mn |
| Mar 31, 2026 | 2.18 Mn |
| Dec 31, 2025 | 2.56 Mn |
| Sep 30, 2025 | 1.93 Mn |
| Jun 30, 2025 | 1.66 Mn |
| Mar 31, 2025 | 2.05 Mn |
| Dec 31, 2024 | 669,000.00 |
| Sep 30, 2024 | 468,000.00 |
| Jun 30, 2024 | 463,000.00 |
| Mar 31, 2024 | 441,000.00 |
| Dec 31, 2023 | 273,000.00 |
| Sep 30, 2023 | 272,000.00 |
| Jun 30, 2023 | 621,000.00 |
| Mar 31, 2023 | 605,000.00 |
| Dec 31, 2022 | 109,000.00 |
| Sep 30, 2022 | 5,000.00 |
| Jun 30, 2022 | 2,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Dec 31, 2021 | 1,000.00 |
| Sep 30, 2021 | 18,000.00 |
Choiceone Financial Services Inc Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=COFS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "COFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=COFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();