ChoiceOne Financial COFS Accretion On Purchased Loans
Accretion On Purchased Loans at other companies
Other financials
Where this comes from
Reported directly by ChoiceOne Financial in its filing.
Tagged under the XBRL concept cofs:AccretionOnPurchasedLoans.
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 accretion on purchased loans?
- ChoiceOne Financial (COFS) reported accretion on purchased loans of $2.69M in Q1 2026.
- How has ChoiceOne Financial's accretion on purchased loans changed year-over-year?
- ChoiceOne Financial's accretion on purchased loans decreased by 7.9% year-over-year, from $2.92M to $2.69M.
- What does accretion on purchased loans mean?
- Represents the non-cash income recognized from the amortization of the discount on loans acquired through business combinations or portfolio purchases. This metric reflects the difference between the fair value of loans at the time of acquisition and their contractual principal balance, which is recognized as interest income over the life of the loan. It is a key indicator of the yield enhancement derived from inorganic growth strategies.