Choiceone Financial Services (COFS) Interest Expense - Deposits (2010 - 2026)
Choiceone Financial Services' quarterly Interest Expense - Deposits came in at $13.7 million in Q1 2026, up 28.27% year-on-year from $10.7 million in Q1 2025, and down 2.7% quarter-over-quarter from $14.1 million in Q4 2025.
Choiceone Financial Services has reported Interest Expense - Deposits for 17 years, with the latest figure at $13.7 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expense - Deposits rose 28.27% year-over-year to $13.7 million; the trailing twelve-month figure through Mar 2026 stood at $57.0 million (up 57.84% YoY), and the FY2025 full-year result was $54.0 million, up 57.93% from the prior year.
- Interest Expense - Deposits for Q1 2026 stood at $13.7 million, down from $14.1 million in the prior quarter.
- The five-year high for Interest Expense - Deposits was $14.8 million in Q2 2025, with the low at $783000.0 in Q1 2022.
- Average Interest Expense - Deposits over 5 years is $7.7 million, with a median of $8.4 million recorded in 2024.
- Year-over-year, Interest Expense - Deposits decreased 11.02% in 2022 and jumped 407.63% in 2023.
- Tracing COFS's Interest Expense - Deposits over 5 years: stood at $2.5 million in 2022, then jumped by 236.44% to $8.4 million in 2023, then advanced by 3.43% to $8.7 million in 2024, then soared by 62.19% to $14.1 million in 2025, then dropped by 2.7% to $13.7 million in 2026.
- The last three Interest Expense - Deposits figures came in at $13.7 million (Q1 2026), $14.1 million (Q4 2025), and $14.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 3.51 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 4.61 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 1.74 Bn |
| 10 | Choiceone Financial Services | 474.28 Mn | 380.64 Mn | - | 13.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.75 Mn |
| Dec 31, 2025 | 14.13 Mn |
| Sep 30, 2025 | 14.29 Mn |
| Jun 30, 2025 | 14.84 Mn |
| Mar 31, 2025 | 10.72 Mn |
| Dec 31, 2024 | 8.71 Mn |
| Sep 30, 2024 | 8.36 Mn |
| Jun 30, 2024 | 8.33 Mn |
| Mar 31, 2024 | 8.78 Mn |
| Dec 31, 2023 | 8.42 Mn |
| Sep 30, 2023 | 7.24 Mn |
| Jun 30, 2023 | 5.06 Mn |
| Mar 31, 2023 | 3.28 Mn |
| Dec 31, 2022 | 2.50 Mn |
| Sep 30, 2022 | 1.56 Mn |
| Jun 30, 2022 | 996,000.00 |
| Mar 31, 2022 | 783,000.00 |
| Dec 31, 2021 | 749,000.00 |
| Sep 30, 2021 | 837,000.00 |
| Jun 30, 2021 | 839,000.00 |
| Mar 31, 2021 | 880,000.00 |
| Dec 31, 2020 | 949,000.00 |
| Sep 30, 2020 | 946,000.00 |
| Jun 30, 2020 | 898,000.00 |
| Mar 31, 2020 | 1.39 Mn |
| Dec 31, 2019 | 1.44 Mn |
| Sep 30, 2019 | 973,000.00 |
| Jun 30, 2019 | 924,000.00 |
| Mar 31, 2019 | 851,000.00 |
| Dec 31, 2018 | 747,000.00 |
| Sep 30, 2018 | 619,000.00 |
| Jun 30, 2018 | 463,000.00 |
| Mar 31, 2018 | 346,000.00 |
| Dec 31, 2017 | 329,000.00 |
| Sep 30, 2017 | 320,000.00 |
| Jun 30, 2017 | 292,000.00 |
| Mar 31, 2017 | 248,000.00 |
| Dec 31, 2016 | 191,000.00 |
| Sep 30, 2016 | 190,000.00 |
| Jun 30, 2016 | 199,000.00 |
| Mar 31, 2016 | 209,000.00 |
| Dec 31, 2015 | 214,000.00 |
| Sep 30, 2015 | 663,000.00 |
| Jun 30, 2015 | 215,000.00 |
| Mar 31, 2015 | 225,000.00 |
| Dec 31, 2014 | 242,000.00 |
| Sep 30, 2014 | 258,000.00 |
| Jun 30, 2014 | 262,000.00 |
| Mar 31, 2014 | 279,000.00 |
| Dec 31, 2013 | 297,000.00 |
| Sep 30, 2013 | 1.03 Mn |
| Jun 30, 2013 | 714,000.00 |
| Mar 31, 2013 | 376,000.00 |
| Dec 31, 2012 | 444,000.00 |
| Sep 30, 2012 | 1.64 Mn |
| Jun 30, 2012 | 532,000.00 |
| Mar 31, 2012 | 612,000.00 |
| Dec 31, 2011 | 676,000.00 |
| Sep 30, 2011 | 728,000.00 |
| Jun 30, 2011 | 1.55 Mn |
| Mar 31, 2011 | 788,000.00 |
| Dec 31, 2010 | 868,000.00 |
| Sep 30, 2010 | 967,000.00 |
| Jun 30, 2010 | 1.01 Mn |