Choiceone Financial Services Inc Q2 FY2021 Earnings Call

Choiceone Financial Services Inc (COFS)

Earnings Call FY2021 Q2 Call date: 2021-07-28 Concluded

Quarter scorecard

Revenue

$2.72M

+47.9% YoY

Diluted EPS

$0.65

+6.6% YoY

Net income

$5.04M

+13.8% YoY

Interchange Income $1.31M

+73.8%

Service Charges and Fees on Deposit Accounts $822,000

+27%

Trust Fee Income $253,000

+25.9%

Investment Commission Income $198,000

+28.6%

Other Charges and Fees for Customer Services $138,000

+64.3%