Choiceone Financial Services (COFS) Loans - Loss Allowance (2010 - 2026)

Choiceone Financial Services has reported Loans - Loss Allowance for 17 years, with the latest figure at $35.7 million in Q2 2026.

• On a quarterly basis, Loans - Loss Allowance rose 2.7% year-over-year to $35.7 million in Q2 2026; TTM through Jun 2026 was $35.7 million, a 2.7% increase from a year earlier, with the FY2025 full-year figure at $35.6 million, up 114.78% from the prior year.
• Loans - Loss Allowance was $35.7 million for Q2 2026 at Choiceone Financial Services, up from $35.5 million in the prior quarter.
• The five-year high for Loans - Loss Allowance was $35.7 million in Q2 2026, with the low at $7.4 million in Q2 2022.
• Average Loans - Loss Allowance over 5 years is $20.4 million, with a median of $16.1 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2025: Loans - Loss Allowance dropped 6.72% in 2022, then surged 115.55% in 2025.
• Over 5 years, Loans - Loss Allowance stood at $7.6 million in 2022, then jumped by 105.87% to $15.7 million in 2023, then climbed by 5.53% to $16.6 million in 2024, then soared by 114.78% to $35.6 million in 2025, then advanced by 0.53% to $35.7 million in 2026.
• The last three Loans - Loss Allowance figures came in at $35.7 million (Q2 2026), $35.5 million (Q1 2026), and $35.6 million (Q4 2025), per Business Quant data.