ChoiceOne Financial Services, Inc.
COFS · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $26,727 | $21,261 | $23,640 | $22,042 |
| Dep. & Amort. | $12,333 | $12,430 | $13,342 | $12,425 |
| Deferred Tax | -$271 | -$24 | -$15 | $924 |
| Stock-Based Comp. | $720 | $1,005 | $958 | $812 |
| Change in WC | $13,973 | $12,991 | $1,997 | $297 |
| Other Non-Cash | -$4,836 | -$1,181 | $4,405 | $1,199 |
| Operating Cash Flow | $48,646 | $46,482 | $44,327 | $37,699 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$1,706 | -$4,234 | -$1,164 | -$2,759 |
| Net Acquisitions | $0 | $0 | $0 | $0 |
| Inv. Purchases | -$16,840 | -$6,434 | -$65,540 | -$637,943 |
| Inv. Sales/Matur. | $59,770 | $51,480 | $106,828 | $83,944 |
| Other Inv. Act. | -$139,134 | -$222,177 | -$129,930 | $35,384 |
| Investing Cash Flow | -$97,910 | -$181,365 | -$89,806 | -$521,374 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$25,000 | $150,000 | $0 | $73,174 |
| Stock Issued | $32,767 | $231 | $172 | $139 |
| Stock Repurch. | $0 | $0 | -$682 | -$7,786 |
| Dividends Paid | -$9,012 | -$7,910 | -$7,578 | -$7,200 |
| Other Fin. Act. | $91,827 | $4,052 | $65,796 | $377,855 |
| Financing Cash Flow | $90,582 | $146,373 | $57,536 | $436,043 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | $41,318 | $11,490 | $12,057 | -$47,632 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $55,433 | $43,943 | $31,886 | $79,519 |
| End Cash | $96,751 | $55,433 | $43,943 | $31,887 |
| Free Cash Flow | $46,940 | $42,248 | $43,163 | $34,940 |