ChoiceOne Q2 FY26 net income falls 7.9% to $12.5 million; EPS drops 7.8% to $0.83

• ChoiceOne posted Q2 net income of $12.5 million, or $0.83 per diluted share, versus $13.5 million, or $0.90, a year earlier.
• Results included a pre-tax securities loss of about $1.9 million, cutting diluted EPS by about $0.10 as it repositioned municipal securities.
• GAAP net interest margin narrowed 7 basis points to 3.59% from Q1’s 3.63% as higher earning-asset yields were offset by higher funding costs.
• Core loans rose $87.1 million, or 11.9% annualized, including about $40 million of purchased adjustable-rate residential mortgages.
• CEO Kelly Potes cited loan growth, stable credit quality, continued capital accretion, and a focus on disciplined growth in the second half of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ChoiceOne Financial Services Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-315065), on July 24, 2026, and is solely responsible for the information contained therein.