ChoiceOne Financial COFS FDIC assessments
FDIC assessments at other companies
Other financials
Where this comes from
Reported directly by ChoiceOne Financial in its filing.
Tagged under the XBRL concept us-gaap:FederalDepositInsuranceCorporationPremiumExpense.
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 FDIC assessments?
- ChoiceOne Financial (COFS) reported FDIC assessments of $570K in Q1 2026.
- How has ChoiceOne Financial's FDIC assessments changed year-over-year?
- ChoiceOne Financial's FDIC assessments increased by 25.3% year-over-year, from $455K to $570K.
- What is the long-term trend for ChoiceOne Financial's FDIC assessments?
- Over 4 years (2021 to 2025), ChoiceOne Financial's FDIC assessments has grown at a 25.7% compound annual growth rate (CAGR), from $804K to $2.01M.
- What does FDIC assessments mean?
- This represents the mandatory insurance premiums paid to the Federal Deposit Insurance Corporation to protect customer deposits. It is a regulatory cost that scales with the institution's deposit base and risk profile, serving as a baseline expense for all insured depository institutions.