Choiceone Financial Services, Inc. (COFS) Income Statement

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Loans, including fees	4.21M
Taxable	594K
Tax exempt	358K
Other	5K
Total interest income	5.17M
Deposits	190K
Advances from Federal Home Loan Bank	44K
Other	2K
Total interest expense	236K
Net interest income	4.93M
Provision for loan losses	0
Net interest income after provision for loan losses	4.93M
Customer service charges	1.03M
Insurance and investment commissions	290K
Gains on sales of loans	508K
Gains on sales of securities	28K
Gains/(losses) on sales of other assets
Earnings on life insurance policies	88K
Other
Total noninterest income	2.07M
Salaries and benefits	2.54M
Occupancy and equipment	626K
Data processing	556K
Professional fees	232K
Supplies and postage	92K
Advertising and promotional	52K
Intangible amortization	112K
Loan and collection expense	15K
FDIC insurance	78K
Other	364K
Total noninterest expense	4.67M
Income before income tax	2.33M
Income tax expense	644K
Net income	1.68M
Basic earnings per share	0.52
Diluted earnings per share	0.52
Dividends declared per share	0.17

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