ChoiceOne Financial COFS Interest-bearing deposits in banks and other financial institutions
Interest-bearing deposits in banks and other financial institutions at other companies
Other financials
Where this comes from
Reported directly by ChoiceOne Financial in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDepositsInBanks.
The official record: ChoiceOne Financial’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is ChoiceOne Financial's interest-bearing deposits in banks and other financial institutions?
- ChoiceOne Financial (COFS) reported interest-bearing deposits in banks and other financial institutions of $350K in Q1 2026.
- How has ChoiceOne Financial's interest-bearing deposits in banks and other financial institutions changed year-over-year?
- ChoiceOne Financial's interest-bearing deposits in banks and other financial institutions decreased by 84.9% year-over-year, from $2.32M to $350K.
- What is the long-term trend for ChoiceOne Financial's interest-bearing deposits in banks and other financial institutions?
- Over 5 years (2020 to 2025), ChoiceOne Financial's interest-bearing deposits in banks and other financial institutions has grown at a 0.0% compound annual growth rate (CAGR), from $350K to $350K.
- What does interest-bearing deposits in banks and other financial institutions mean?
- These are cash balances held by the company in other financial institutions that generate interest income. This asset class reflects the company's strategy for managing excess cash while maintaining high liquidity. It is a common component of treasury management for large financial services firms.