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

Choiceone Financial Services' Loans - Loss Allowance history runs 17 years deep, the most recent figure standing at $35.5 million for Q1 2026.

• In Q1 2026, Loans - Loss Allowance rose 2.69% year-over-year to $35.5 million; the TTM figure through Mar 2026 stood at $35.5 million (up 2.69% YoY), while the FY2025 annual figure was $35.6 million, up 114.78% from the prior year.
• Loans - Loss Allowance was $35.5 million for Q1 2026 at Choiceone Financial Services, roughly flat from $35.6 million in the prior quarter.
• In the past five years, Loans - Loss Allowance ranged from a high of $35.6 million in Q4 2025 to a low of $7.4 million in Q2 2022.
• Historically, Loans - Loss Allowance has averaged $19.5 million across 5 years, with a median of $16.0 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Loans - Loss Allowance slipped 6.72% in 2022, then jumped 115.55% in 2025.
• A 5-year view of Loans - Loss Allowance shows it 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.
• The last three Loans - Loss Allowance figures came in at $35.5 million (Q1 2026), $35.6 million (Q4 2025), and $34.8 million (Q3 2025), per Business Quant data.