HIGHBuilt-inProduct / Revenue mix
76%
interest and fees on loans
“10-K Item 1: 'interest and fees on loans accounted for 76%, 64%, and 60% of total revenues in 2025, 2024, and 2023, respectively.'”
COFS · Concentration risk · 10-K extracted
ChoiceOne Financial Services, I (COFS) concentration risks
Updated
The most significant concentration ChoiceOne Financial Services, I discloses is interest and fees on loans at 76%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: ChoiceOne Financial Services, I’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH3
MEDIUM0
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-inLoan_portfolio
59.6%
commercial and construction real estate loans
“10-K Item 1A: 'As of December 31, 2025, the Company had approximately $1.8 billion of commercial and construction real estate loans outstanding, which represented approximately 59.6% of its loan portfolio.'”
HIGHBuilt-inGeographic
Michigan
“10-K Item 1: 'The Bank's primary market areas lie within western, central, and southeastern Michigan, in the communities where the Bank's respective offices are located.'”
LOWBuilt-inLoan_portfolio
24.1%
residential real estate loans
“10-K Item 1A: 'the Company had approximately $728.0 million in residential real estate loans outstanding, or approximately 24.1% of its loan portfolio.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06ChoiceOne Financial Services derives the bulk of its revenue from lending: interest and fees on loans accounted for 76% of total revenues in the most recent year, up from 64% and 60% in the two years prior, a high, structural concentration that has been increasing. Within the loan book, commercial and construction real estate loans made up approximately 59.6% of the portfolio, also high and structural, while residential real estate loans represented a further 24.1%, a low-share addition. Geographically, the bank's primary market areas lie within western, central, and southeastern Michigan, a high, structural exposure to a single state's economy. Together, these describe a bank whose earnings are increasingly loan-driven, with that lending book itself concentrated in commercial and construction real estate in one state. The rising share of loan-based revenue combined with the CRE concentration and single-state footprint means a Michigan-specific commercial real estate downturn is the most plausible path to a broad-based earnings hit, while the residential loan share is a comparatively minor contributor to portfolio risk.
For the engine’s reasoning on COFS’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Banks - Regional
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| COFS● | ChoiceOne Financial Services, I | 3 | 0 | 1 | 4 |
| AMAL | Amalgamated Financial Corp. | 2 | 1 | 0 | 3 |
| ACNB | ACNB Corporation | 1 | 1 | 0 | 2 |
| ALRS | Alerus Financial Corporation | 1 | 1 | 0 | 2 |
| AMTB | Amerant Bancorp Inc. | 0 | 1 | 1 | 2 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.