Choiceone Financial Services (COFS) Loans - Loss Allowance (2010 - 2026)
Choiceone Financial Services (COFS) posted quarterly Loans - Loss Allowance of $35.5 million for Q1 2026, up 2.69% year-over-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.
- 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 for Q1 2026 stood at $35.5 million, roughly flat from $35.6 million in the prior quarter.
- The five-year high for Loans - Loss Allowance was $35.6 million in Q4 2025, with the low 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.
- The sharpest annual moves came in 2022 and 2025: Loans - Loss Allowance decreased 6.72% in 2022, then soared 115.55% in 2025.
- Choiceone Financial Services' Loans - Loss Allowance stood at $7.6 million in 2022, then surged by 105.87% to $15.7 million in 2023, then gained by 5.53% to $16.6 million in 2024, then jumped by 114.78% to $35.6 million in 2025, then slipped by 0.15% to $35.5 million in 2026.
- Business Quant data shows COFS's Loans - Loss Allowance at $35.5 million in Q1 2026, $35.6 million in Q4 2025, and $31.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.65 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.65 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 4.98 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.92 Bn |
| 10 | Choiceone Financial Services | 494.21 Mn | 396.07 Mn | - | 35.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.74 Mn |
| 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 |