ChoiceOne reports $0.83 GAAP EPS and $41.6M revenue
ChoiceOne Financial Services reported Q2 GAAP EPS of $0.83, with revenue of $41.6M.
Core loans increased $87.1 million, or 11.9% annualized, during the second quarter.
The loan growth reflects continued organic production and the purchase of approximately $40 million of seasoned, high-quality adjustable-rate residential mortgages.