Choiceone Bank
Sparta, MI · Cert 1014 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258) · Choiceone Finl Services Inc.
State charter, Fed member · FED · 48 branches
Q2 2026
$4.5BAssets
$3.1BLoans
$3.6BDeposits
$519.6MEquity
Executive Summary
- Strongest standing: equity / assets outperforms 73% of banks $1B-$10B in assets operating in a single state (rank 69 of 258).
- Widest gap: nonperforming loans / loans trails 78% of banks $1B-$10B in assets operating in a single state (rank 203 of 258).
- Overall: at or above the peer median on 3 of 9 directional measures.
Return on Assets
1.23%
Rank 131 of 258
Net Interest Margin
3.51%
Rank 125 of 258
Efficiency Ratio
58.91%
Rank 117 of 257
Equity / Assets
11.67%
Rank 69 of 258
Non-interest income vs. expense
Unfavorable gap of $77.4M · efficiency ratio beats 55% of banks $1B-$10B in assets operating in a single state | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.23% | 0.93% | 1.23% | 1.54% | Beats 49% | 131 / 258 | |
| Return on Equity | 10.52% | 9.26% | 11.84% | 14.74% | Beats 38% | 161 / 258 | |
| Net Interest Margin | 3.51% | 3.16% | 3.49% | 3.88% | Beats 52% | 125 / 258 | |
| Efficiency Ratio | 58.91% | 51.71% | 60.30% | 69.65% | Beats 55% | 117 / 257 | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.00% | 0.19% | 0.46% | 0.90% | Beats 22% | 203 / 258 | |
| Net Charge-Offs / Loans | 0.03% | 0.01% | 0.02% | 0.07% | Beats 47% | 138 / 258 | |
| Capital |
| Tier 1 Capital Ratio | 11.81% | 11.41% | 12.98% | 15.12% | Beats 30% | 181 / 258 | |
| Total Risk-Based Capital Ratio | 12.92% | 12.10% | 13.91% | 16.08% | Beats 36% | 166 / 258 | |
| Equity / Assets | 11.67% | 9.09% | 10.24% | 11.72% | Beats 73% | 69 / 258 | |
| Liquidity & Funding |
| Loans / Deposits | 85.27% | 73.24% | 86.34% | 95.95% | 47th pctl | 137 / 258 | |
| Loans / Assets | 69.08% | 63.01% | 72.27% | 78.40% | 38th pctl | 159 / 258 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |