| Weiss Ratings |
ChoiceOne Bank
Sparta, MI |
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| Rating | ||||
| Asset Quality Index | 6.20 | |||
| Capitalization Index | 6.80 | |||
| Liquidity Index | 2.70 | |||
| Profitability Index | 4.30 | |||
| Stability Index | 8.60 | |||
| Company Info |
ChoiceOne Bank
Sparta, MI |
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| FDIC Number | 1014 | |||
| Phone Number | (616) 887-7366 | |||
| Website | www.choiceone.com | |||
| Asset Quality |
ChoiceOne Bank
Sparta, MI |
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| 1-Year Asset Growth | 62.01% | |||
| 5-Year Asset Growth | 25.88% | |||
| 5-Year Charge-Offs to Average Loans | 0.03% | |||
| Charge-Offs to Average Loans | 0.04% | |||
| Non-Performing Assets to Assets | 0.58% | |||
| Non-Performing Loans to Capital | 5.37% | |||
| Non-Performing Loans to Loans | 0.92% | |||
| Balance Sheet |
ChoiceOne Bank
Sparta, MI |
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| Total Assets | 4.41B | |||
| Total Deposits | 3.60B | |||
| Capital and Reserves |
ChoiceOne Bank
Sparta, MI |
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| Capital | 506.68M | |||
| Leverage Ratio | 9.09 | |||
| Loan Loss Reserves to Loans | 1.17% | |||
| Risk-Based Capital Ratio | 12.49 | |||
| Liquidity |
ChoiceOne Bank
Sparta, MI |
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| Hot Money Ratio | 13.62% | |||
| Liquidity Ratio | 16.88% | |||
| Profitability |
ChoiceOne Bank
Sparta, MI |
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| 5-Year Return on Average Assets | 1.08% | |||
| Net Income | 31.64M | |||
| Net Interest Spread | 3.74% | |||
| Operating Profit to Average Assets | 0.94% | |||
| Overhead Efficiency Ratio | 67.57% | |||
| Return on Assets | 0.78% | |||
| Return on Equity | 6.94% | |||