ChoiceOne Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 4.92% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 4.92% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 11.81% +5.31 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $395.6M | 395,579 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $3.35B | 3,350,048 | RCOAA223 |
| Recomputed ratio | 11.81% | numerator / denominator | |
| Filed ratio | 11.81% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +5.31 pp | $177.8M | capital that could be lost first |
Tier 1 risk-based capital ratio 11.81% +3.81 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $395.6M | 395,579 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $3.35B | 3,350,048 | RCOAA223 |
| Recomputed ratio | 11.81% | numerator / denominator | |
| Filed ratio | 11.81% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +3.81 pp | $127.6M | capital that could be lost first |
Total risk-based capital ratio 12.92% +2.92 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $432.7M | 432,664 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $3.35B | 3,350,048 | RCOAA223 |
| Recomputed ratio | 12.92% | numerator / denominator | |
| Filed ratio | 12.92% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +2.92 pp | $97.7M | capital that could be lost first |
Tier 1 leverage ratio 9.30% +4.30 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $395.6M | 395,579 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $4.25B | 4,254,870 | RCOAA224 |
| Recomputed ratio | 9.30% | numerator / denominator | |
| Filed ratio | 9.30% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +4.30 pp | $182.8M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 418,491 | 418,478 | 418,464 | 418,468 | 418,451 | 418,220 | RCOAP742 |
| Retained earnings | 135,208 | 130,183 | 125,899 | 117,419 | 110,360 | 101,805 | RCOAKW00 |
| Accumulated other comprehensive income | (34,137) | (39,505) | (35,674) | (42,196) | (49,087) | (44,323) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 519,562 | 509,156 | 508,689 | 493,691 | 479,724 | 475,702 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (123,983) | (120,191) | (125,775) | (116,674) | (111,510) | (117,791) | P859 - P840 |
| Common equity Tier 1 capital | 395,579 | 388,965 | 382,914 | 377,017 | 368,214 | 357,911 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 395,579 | 388,965 | 382,914 | 377,017 | 368,214 | 357,911 | RCOA8274 |
| Tier 2 capital | 37,085 | 36,843 | 34,886 | 34,390 | 34,433 | 34,203 | RCOA5311 |
| Allowance includable in Tier 2 capital | 37,085 | 36,843 | 34,886 | 34,390 | 34,433 | 34,203 | RCOA5310 |
| Total capital | 432,664 | 425,808 | 417,800 | 411,407 | 402,647 | 392,114 | RCOA3792 |
| Total risk-weighted assets | 3,350,048 | 3,303,940 | 3,344,552 | 3,224,074 | 3,259,054 | 3,285,281 | RCOAA223 |
| Average total assets for the leverage ratio | 4,254,870 | 4,242,436 | 4,211,585 | 4,147,441 | 4,135,945 | 3,156,518 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $88.6M | $7.5M | 8.46% | 0.22% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $759.6M | $183.9M | 24.21% | 5.49% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $869.8M | $541.7M | 62.28% | 16.17% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $21.9M | $32.9M | 150.00% | 0.98% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $19.7M | $25.4M | 129.19% | 0.76% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $2.17B | $2.06B | 95.09% | 61.46% | RC-R Part II, item 4.d, 5.d |
| All other assets | $219.2M | $200.4M | 91.40% | 5.98% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $235.9M | $235.9M | 100.00% | 7.04% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $2.0M | $0 | 0.00% | 0.00% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $63.5M | NA | 1.90% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $3.29B | ties to item 31 ($3.29B) |
|---|---|---|
| Risk-weighted assets before deductions | $3.35B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $3.35B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 11.81% | 11.81% | 12.92% | 9.30% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 11.77% | 11.77% | 12.89% | 9.17% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 11.45% | 11.45% | 12.49% | 9.09% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 11.69% | 11.69% | 12.76% | 9.09% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 11.30% | 11.30% | 12.35% | 8.90% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 10.89% | 10.89% | 11.94% | 11.34% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 11.96% | 11.96% | 12.67% | 8.89% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 12.32% | 12.32% | 13.06% | 8.85% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 12.50% | 12.50% | 13.25% | 8.76% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 11.83% | 11.83% | 12.59% | 8.34% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 11.77% | 11.77% | 12.43% | 8.39% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 12.02% | 12.02% | 12.68% | 8.32% | 12.78% | 12.79% | 13.93% | 10.03% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| ChoiceOne Bank (this bank) | Risk-based | 11.81% | 11.81% | 12.92% | 9.30% | |
| Arrow Bank N.A. | $4.46B | Risk-based | 12.71% | 12.71% | 13.87% | 9.33% |
| Capital City Bank | $4.45B | Risk-based | 18.18% | 18.18% | 19.43% | 10.29% |
| Metro City Bank | $4.47B | Risk-based | 17.14% | 17.14% | 18.04% | 11.08% |
| HomeTrust Bank | $4.44B | Risk-based | 13.74% | 13.74% | 14.84% | 12.91% |
| First Federal Bank | $4.49B | Risk-based | 20.56% | 20.56% | 21.06% | 10.83% |
| American Business Bank | $4.42B | Risk-based | 12.35% | 12.35% | 13.24% | 11.01% |
| Texas Exchange Bank | $4.49B | Risk-based | 30.06% | 30.06% | 30.82% | 12.44% |
| First Business Bank | $4.41B | Risk-based | 11.17% | 11.17% | 12.18% | 10.37% |
| Sunwest Bank | $4.41B | Risk-based | 10.40% | 10.40% | 11.66% | 9.71% |
| First State Community Bank | $4.51B | Risk-based | 14.35% | 14.35% | 15.43% | 11.68% |
| Peer 25th percentile | 12.44% | 12.44% | 13.40% | 10.31% | ||
| Peer median | 14.04% | 14.04% | 15.13% | 10.92% | ||
| Peer 75th percentile | 17.92% | 17.92% | 19.08% | 11.53% | ||
| This bank's percentile | 20 | 20 | 20 | 0 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/324340/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.