ChoiceOne Bank

Sparta, MI
IDRSSD: 324340
Total Assets
$4.41B
Latest filing
Total Deposits
$3.60B
Latest filing
Net Interest Margin
3.83%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

072408436SPARTA, MI

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
ChoiceOne Bank
109 E Division St
Sparta, MI 49345
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1898FDIC Certificate 672

Branches (50)

Page 1 of 8
NameAddressCity / State
ChoiceOne Bank (Main)109 E Division StSparta, MI
COMMUNITY STATE BRANCH207 S Saginaw StSaint Charles, MI
KENT CITY BRANCH450 W Muskegon StKent City, MI
YALE BRANCH3 N Main StYale, MI
MEMPHIS BRANCH81111 Main StMemphis, MI
APPLETREE BRANCH416 West Division StreetSparta, MI
CEDAR SPRINGS BRANCH4170 17 Mile Rd NeCedar Springs, MI
ALPINE BRANCH5050 Alpine Ave NwComstock Park, MI
Showing 7 of 50

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1898
Community BankNo
Ownership TypeNot Mutual
ZIP49345
State and County Number26081
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameGrand Rapids-Kentwood, MI

Operational Info

Number of Employees573
Domestic Offices51
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date03/15/2025
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.choiceone.bank
Data Updated01/30/2026
CERT1014
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$4.41B
Total Deposits$3.60B
Total Liabilities$3.90B
Total Equity Capital$506.68M
Net Income$14.59M
Net Loans and Leases$2.99B
Assets Per Employee ($Millions)$7.75M
Bank Premises and Fixed Assets$48.32M
Cash and Balances due from Depository Institutions$87.97M
Deposits Held in Domestic Offices$3.60B

Key Performance Ratios

Return on Assets (ROA)1.34%
Return on Equity (ROE)11.69%
Net Interest Margin3.83%
Efficiency Ratio53.85%
Tier 1 Risk-Based Capital Ratio11.449%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.496%
Earning Assets to total Assets90.11%

Income and Expense

Total Interest Income$54.35M
Total Noninterest Income$6.24M
Total Interest Expense$16.86M
Total Noninterest Expense$25.24M
Net Interest Income$37.50M
Pre-tax Net Operating Income$17.70M
Provision for Credit Losses$800.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$2.52M
Other borrowed funds$264.79M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$33.62M
Total Liabilities and Capital$4.41B

Securities

Securities$946.05M
Available-for-sale debt securities$554.42M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$385.19M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of ChoiceOne Bank?
$4.41B as of the latest filing.
How much are ChoiceOne Bank's total deposits?
$3.60B in total deposits.
Where is ChoiceOne Bank located?
Sparta, MI.
What is the Net Interest Margin?
3.83%.
How many domestic offices does it operate?
51.
When was it established?
01/01/1898.
What is the Return on Assets (ROA)?
1.34%.
How much are total loans and leases?
$2.99B (latest filing).
What is the total interest income (latest filing)?
$54.35M.