Choiceone Financial Services Inc Q2 FY2020 Earnings Call

Choiceone Financial Services Inc (COFS)

Earnings Call FY2020 Q2 Call date: 2020-07-28 Concluded

Quarter scorecard

Revenue

$1.84M

+46.1% YoY

Diluted EPS

$0.61

+48.8% YoY

Net income

$4.43M

+198.1% YoY

Interchange Income $755,000

+57.9%

Service Charges and Fees on Deposit Accounts $647,000

-3.4%

Trust Fee Income $201,000

Investment Commission Income $154,000

+175%

Other Charges and Fees for Customer Services $84,000

+50%