Choiceone Financial Services Inc (COFS) Loans - Loss Allowance (2010 - 2026)
Choiceone Financial Services' Loans - Loss Allowance was $35.74 million in Q2 2026, up 2.7% from $34.8 million a year earlier and up 0.7% from the prior quarter.
Powered by 
Analysis
Choiceone Financial Services Inc (COFS) Loans - Loss Allowance (2010 - 2026) Analysis & Trends
At the end of FY2025, Loans - Loss Allowance at Choiceone Financial Services came in at $35.55 million, up 114.8% from FY2024.
- Loans - Loss Allowance has now increased for three consecutive years, with a five-year compound annual growth rate of 36.2% (FY2020 to FY2025).
- In earlier years, Loans - Loss Allowance was $16.55 million in FY2024 (+5.5%), $15.69 million in FY2023 (+105.9%), $7.62 million in FY2022 (-0.9%) and $7.69 million in FY2021 (+1.3%).
- The Q2 2026 figure marks the highest quarterly Loans - Loss Allowance in data going back to Q4 2010.
- Compared with a year earlier, Loans - Loss Allowance has increased for 14 straight quarters, with growth averaging 59.8% over the last eight quarters.
- The best year-over-year quarter for Loans - Loss Allowance over five years was Q1 2025 (growth of 115.5%); the worst was Q2 2022 (a decline of 6.7%).
- Per Business Quant data, COFS's Loans - Loss Allowance in the three quarters before Q2 2026 was $35.5 million (Q1 2026), $35.55 million (Q4 2025) and $34.75 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.74 Mn |
| Mar 31, 2026 | 35.50 Mn |
| Dec 31, 2025 | 35.55 Mn |
| Sep 30, 2025 | 34.75 Mn |
| Jun 30, 2025 | 34.80 Mn |
| Mar 31, 2025 | 34.57 Mn |
| Dec 31, 2024 | 16.55 Mn |
| Sep 30, 2024 | 16.49 Mn |
| Jun 30, 2024 | 16.15 Mn |
| Mar 31, 2024 | 16.04 Mn |
| Dec 31, 2023 | 15.69 Mn |
| Sep 30, 2023 | 14.87 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 |
API Access
Choiceone Financial Services Inc Loans - Loss Allowance 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=loans-loss-allowance&ticker=COFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "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=loans-loss-allowance&ticker=COFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();