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Income Statement
CHOICEONE FINANCIAL SERVICES INC (COFS)
source: myfinsight.com
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Loans, including fees
$46,533K
Taxable
$5,264K
Tax exempt
$1,393K
Other
$735K
Total interest income
$53,925K
Net interest income
$36,322K
Credit and debit card
fees
$2,083K
Customer service charges
$1,401K
Trust income
$596K
Earnings on life
insurance policies
$844K
Change in market value
of equity...
$239K
Net gains on sales
and write downs of...
$3K
Gains on sales of loans
$355K
Insurance and investment
commissions
$540K
Other
$442K
Total interest
expense
$17,603K
Net interest income
after provision
$35,672K
Total noninterest
income
$6,503K
Net provision for
(reversal of) credit...
$650K
Deposits
$14,840K
Advances from federal
home loan bank
$1,659K
Other
$1,104K
(loss) income before
income tax (benefit)...
$16,669K
Total noninterest
expense
$25,506K
Provision for (reversal
of) credit losses on...
$650K
Net (loss) income
$13,534K
Income tax (benefit)
expense
$3,135K
Intangible amortization
$1,732K
Merger related
expenses
$166K
Communications
$561K
Fdic insurance
$550K
Data processing
$2,439K
Salaries and benefits
$13,731K
Advertising and promotional
$260K
Occupancy and equipment
$2,432K
Other
$2,383K
Professional fees
$947K
Supplies and postage
$305K
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