SPARTA — ChoiceOne Financial Services Inc., the parent company for Sparta-based ChoiceOne Bank, today reported slightly higher earnings for the second quarter.
Net income for the April-to-June period totaled $1.44 million, or 43 cents per share, versus $1.43 million, or 43 cents per share, a year earlier. ChoiceOne (OTC:COFS) reported midyear net income of $3.0 million, or 93 cents per share, which compares to $2.7 million, or 82 cents per share, for the first six months of 2015.
ChoiceOne ended the quarter with assets of $590.4 million, up from $546.9 million a year earlier.
The bank has 12 banking offices in Kent, Ottawa. Muskegon and Newaygo counties and opened a lending office in downtown Grand Rapids during the second quarter.