Choiceone Financial Services Inc Q3 FY2020 Earnings Call

Choiceone Financial Services Inc (COFS)

Earnings Call FY2020 Q3 Call date: 2020-10-28 Concluded

Quarter scorecard

Revenue

$2.49M

+103.6% YoY

Diluted EPS

$0.49

+75% YoY

Net income

$3.83M

+275% YoY

Interchange Income $1.22M

+201.2%

Service Charges and Fees on Deposit Accounts $842,000

+22%

Trust Fee Income $197,000

Investment Commission Income $123,000

+70.8%

Other Charges and Fees for Customer Services $111,000

+94.7%