ChoiceOne Financial COFS Foreclosed Assets
Foreclosed Assets at other companies
Other financials
Where this comes from
Reported directly by ChoiceOne Financial in its filing.
Tagged under the XBRL concept us-gaap:OtherRealEstate.
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 foreclosed assets?
- ChoiceOne Financial (COFS) reported foreclosed assets of $2.29M in Q1 2026.
- How has ChoiceOne Financial's foreclosed assets changed year-over-year?
- ChoiceOne Financial's foreclosed assets decreased by 3.4% year-over-year, from $2.37M to $2.29M.
- What is the long-term trend for ChoiceOne Financial's foreclosed assets?
- Over 5 years (2020 to 2025), ChoiceOne Financial's foreclosed assets has grown at a 56.8% compound annual growth rate (CAGR), from $266K to $2.52M.
- What does foreclosed assets mean?
- This represents the carrying value of real estate or other collateral acquired by the bank through the foreclosure process when borrowers default on their loans. High levels of these assets indicate potential stress in the loan portfolio and the need for effective asset liquidation strategies.