COFS - ChoiceOne Financial Services GAAP EPS of $0.89 revenue of $21.11M

• ChoiceOne Financial Services press release ( NASDAQ: COFS ): Q4 GAAP EPS of $0.89.
• Revenue of $21.11M (+6.1% Y/Y).
• ChoiceOne reported net income of $6,684,000 and $23,640,000 for the three and twelve months ended December 31, 2022, compared to $5,012,000 and $22,042,000 for the same periods in 2021.
• Deposits increased by $65.7 million or 3.2% for the full year 2022 with related deposit interest expense increasing $2.5 million.

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