Displaying items tagged: ChoiceOne Financial Services Inc

SPARTA — Costs from a proposed merger cut into ChoiceOne Financial Services Inc.’s quarterly earnings.

Merger-related expenses flattened quarterly earnings for ChoiceOne Financial Services Inc.

SPARTA — ChoiceOne Financial Services Inc.’s proposed $89 million merger with a similarly sized community bank in Lapeer began last summer when Kelly Potes struck up a conversation with his counterparts.

Sparta-based ChoiceOne Financial Services Inc. plans to merge with Lapeer-based County Bank Corp. in a deal that would create a bank with a combined $1.28 billion in assets.

ChoiceOne Financial Services Inc. posted record earnings for the fourth quarter.

ChoiceOne Financial Services Inc., the parent company of ChoiceOne Bank, recorded higher earnings for the third quarter.

ChoiceOne Financial Services Inc. recorded higher earnings for the second quarter.

ChoiceOne Financial Services Inc., the Sparta-based parent company of ChoiceOne Bank, reported lower earnings for the fourth quarter resulting from a one-time charge.

HUDSONVILLE — After assembling a team of veteran commercial lenders, West Michigan Community Bank is putting more focus on growing in the greater Grand Rapids area.

ChoiceOne Financial Services Inc. recorded higher earnings of $1.7 million, or 50 cents per share, for the third quarter. The quarterly result compares with $1.6 million, or 50 cents per share, during the same period a year earlier.

ChoiceOne Financial Services Inc., the Sparta-based parent company of ChoiceOne Bank, recorded a second straight period of record earnings for the second quarter.

Kelly Potes took over in June as CEO at ChoiceOne Financial Services Inc., the parent company of ChoiceOne Bank, adding to his duties as president. During 2016, ChoiceOne Bank opened a lending office in downtown Grand Rapids and may follow up in the future with a full-service branch. The Sparta-based ChoiceOne has 12 offices in rural Kent, Ottawa, Muskegon and Newaygo counties with total assets of $598.6 million as of Sept. 30. 

Sparta-based ChoiceOne Financial Services Inc. reported a record net income of $1.6 million, or 52 cents per share, for the third quarter.

ChoiceOne Financial Services Inc., the parent company for Sparta-based ChoiceOne Bank, today reported slightly higher earnings for the second quarter.

The Sparta-based parent company of ChoiceOne Bank announced this morning that CEO James Bosserd plans to retire.

After operating for years in rural communities to the north, ChoiceOne Bank wants to carve out a position in downtown Grand Rapids.

Here is a round-up of quarterly and annual performance filings from banks in West Michigan.