Choiceone Financial Services (COFS) Loans - Loss Allowance (2010 - 2026)
Choiceone Financial Services' (COFS) quarterly Loans - Loss Allowance came in at $35.5 million in Q1 2026, up 2.69% year-on-year from $34.6 million in Q1 2025, and little changed quarter-over-quarter from $35.6 million in Q4 2025.
Choiceone Financial Services (COFS) Loans - Loss Allowance (2010 - 2026) Analysis & Trends
Choiceone Financial Services' Loans - Loss Allowance history runs 17 years deep, the most recent figure standing at $35.5 million for Q1 2026.
- On a quarterly basis, Loans - Loss Allowance rose 2.69% year-over-year to $35.5 million in Q1 2026; TTM through Mar 2026 was $35.5 million, a 2.69% 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 steadied at $35.5 million in Q1 2026 per COFS's latest filing, from $35.6 million in the prior quarter.
- Across five years, Loans - Loss Allowance topped out at $35.6 million in Q4 2025 and bottomed at $7.4 million in Q2 2022.
- The 5-year median for Loans - Loss Allowance is $16.0 million (2024), against an average of $19.2 million.
- Across the five-year window, Loans - Loss Allowance declined 6.72% in 2022 and soared 115.55% in 2025, its largest moves.
- Year by year, Loans - Loss Allowance stood at $7.6 million in 2022, then soared by 105.87% to $15.7 million in 2023, then advanced by 5.53% to $16.6 million in 2024, then surged by 114.78% to $35.6 million in 2025, then dropped by 0.15% to $35.5 million in 2026.
- Per Business Quant, the three latest COFS Loans - Loss Allowance figures stand at $35.5 million (Q1 2026), $35.6 million (Q4 2025), and $31.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 4.83 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 10.35 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 12.61 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 4.66 Bn |
| 10 | Choiceone Financial Services | 503.71 Mn | 410.07 Mn | - | 35.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.50 Mn |
| Dec 31, 2025 | 35.55 Mn |
| Sep 30, 2025 | 31.16 Mn |
| Jun 30, 2025 | 34.80 Mn |
| Mar 31, 2025 | 34.57 Mn |
| Dec 31, 2024 | 16.55 Mn |
| Sep 30, 2024 | 16.40 Mn |
| Jun 30, 2024 | 16.15 Mn |
| Mar 31, 2024 | 16.04 Mn |
| Dec 31, 2023 | 15.69 Mn |
| Sep 30, 2023 | 14.39 Mn |
| Jun 30, 2023 | 14.58 Mn |
| Mar 31, 2023 | 15.07 Mn |
| Dec 31, 2022 | 7.62 Mn |
| Sep 30, 2022 | 7.46 Mn |
| Jun 30, 2022 | 7.42 Mn |
| Mar 31, 2022 | 7.60 Mn |
| Dec 31, 2021 | 7.69 Mn |
| Sep 30, 2021 | 7.76 Mn |
| Jun 30, 2021 | 7.95 Mn |