Choiceone Financial Services Inc Q2 FY2022 Earnings Call

Choiceone Financial Services Inc (COFS)

Earnings Call FY2022 Q2 Call date: 2022-07-27 Concluded

Quarter scorecard

Revenue

$2.89M

+6% YoY

Diluted EPS

$0.75

+15.4% YoY

Net income

$5.62M

+11.3% YoY

Interchange Income $1.32M

+0.4%

Service Charges and Fees on Deposit Accounts $1.04M

+26%

Investment Commission Income $233,000

+17.7%

Trust Fee Income $176,000

-30.4%

Other Charges and Fees for Customer Services $125,000

-9.4%

Buybacks (derived)

Shares repurchased