CHOICEONE BANK

SPARTA, MI | Large | Est. Jan. 1, 1898, midnight | FDIC #1014 | RSSD #324340 | FED
Latest Report: 2025-12-31

CHOICEONE BANK is aln large FDIC-insured commercial bank headquartered in SPARTA, MI, established in Jan. 1, 1898, midnight. As of 2025-12-31, the bank reported total assets of $4.4B and total deposits of $3.6B. Profitability stands at 1.34% ROA and 11.69% ROE, with a net interest margin of 3.75%. The bank's CET1 capital ratio is 11.45%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.89% and a Texas Ratio of 5.46%. FDIC Certificate #1014.

Assets

$4.4B

Deposits

$3.6B

Loans

$3.0B

Equity

$507M

Profitability

Return on Assets (ROA) 1.34%
Return on Equity (ROE) 11.69%
Net Interest Margin (NIM) 3.75%
Yield on Assets 5.43%
Cost of Funds 2.28%

Asset Quality

NPL Ratio 0.89%
Net Charge-Off Ratio 0.03%
Texas Ratio 5.46%
NPA Ratio 0.67%
ACL / Loans 1.17%

Capital & Liquidity

CET1 Ratio 11.45%
Tier 1 Capital 11.45%
Total Capital Ratio 12.49%
Leverage Ratio 9.09%
Loan-to-Deposit 84.09%

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