XML 68 R51.htm IDEA: XBRL DOCUMENT v3.3.1.900
Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2015
Banking and Thrift [Abstract]  
Schedule of actual capital and minimum required levels

Actual capital levels and minimum required levels for ChoiceOne and the Bank were as follows:

                                                 
(Dollars in thousands)   Actual     Minimum Required
for Capital
Adequacy Purposes
   
Minimum Required
to be Well 
Capitalized Under
Prompt Corrective
Action Regulations
 
    Amount     Ratio     Amount     Ratio     Amount     Ratio  
December 31, 2015                                                
ChoiceOne Financial Services Inc.                                                
Total capital (to risk weighted assets)   $ 59,737       14.2 %   $ 33,600       8.0 %     N/A       N/A  
Common equity Tier 1 capital (to risk weighted assets)     54,532       13.0       18,900       4.5       N/A       N/A  
Tier 1 capital (to risk weighted assets)     54,532       13.0       16,800       4.0       N/A       N/A  
Tier 1 capital (to average assets)     54,532       9.7       22,434       4.0       N/A       N/A  
                                                 
ChoiceOne Bank                                                
Total capital (to risk weighted assets)   $ 55,723       13.3 %   $ 33,470       8.0 %   $ 41,837       10.0 %
Common equity Tier 1 capital (to risk weighted assets)     51,574       12.3       18,827       4.5       27,194       6.5  
Tier 1 capital (to risk weighted assets)     51,574       12.3       16,735       4.0       25,102       6.0  
Tier 1 capital (to average assets)     51,574       9.2       22,350       4.0       27,937       5.0  
                                                 
December 31, 2014                                                
ChoiceOne Financial Services Inc.                                                
Total capital (to risk weighted assets)   $ 55,223       14.3 %   $ 30,948       8.0 %     N/A       N/A  
Tier 1 capital (to risk weighted assets)     50,562       13.1       15,474       4.0       N/A       N/A  
Tier 1 capital (to average assets)     50,562       9.6       21,016       4.0       N/A       N/A  
                                                 
ChoiceOne Bank                                                
Total capital (to risk weighted assets)   $ 52,664       13.6 %   $ 30,881       8.0 %   $ 38,601       10.0 %
Tier 1 capital (to risk weighted assets)     48,665       12.6       15,441       4.0       23,161       6.0  
Tier 1 capital (to average assets)     48,665       9.3       20,971       4.0       26,214       5.0