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Note 20 - Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2020
Notes Tables  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]
         

Minimum Required

 
         

to be Well

 
     

Minimum Required

 

Capitalized Under

 
     

for Capital

 

Prompt Corrective

 

(Dollars in thousands)

Actual

 

Adequacy Purposes

 

Action Regulations

 
 

Amount

 

Ratio

 

Amount

 

Ratio

 

Amount

 

Ratio

 

December 31, 2020

            

ChoiceOne Financial Services Inc.

            

Total capital (to risk weighted assets)

$ 162,558

 

13.2

%

$ 98,835

 

8.0

%

N/A

 

N/A

 

Common equity Tier 1 capital (to risk weighted assets)

150,465

 

12.2

 

55,595

 

4.5

 

N/A

 

N/A

 

Tier 1 capital (to risk weighted assets)

150,465

 

12.2

 

74,126

 

6.0

 

N/A

 

N/A

 

Tier 1 capital (to average assets)

150,465

 

8.3

 

72,281

 

4.0

 

N/A

 

N/A

 
             

ChoiceOne Bank

            

Total capital (to risk weighted assets)

$ 159,684

 

12.9

%

$ 98,683

 

8.0

%

$ 123,353

 

10.0

%

Common equity Tier 1 capital (to risk weighted assets)

152,091

 

12.3

 

55,509

 

4.5

 

80,180

 

6.5

 

Tier 1 capital (to risk weighted assets)

152,091

 

12.3

 

74,012

 

6.0

 

98,683

 

8.0

 

Tier 1 capital (to average assets)

152,091

 

8.4

 

72,208

 

4.0

 

90,259

 

5.0

 
             

December 31, 2019

            

ChoiceOne Financial Services Inc.

            

Total capital (to risk weighted assets)

$ 135,836

 

14.2

%

$ 76,288

 

8.0

%

N/A

 

N/A

 

Common equity Tier 1 capital (to risk weighted assets)

131,785

 

13.8

 

42,912

 

4.5

 

N/A

 

N/A

 

Tier 1 capital (to risk weighted assets)

131,785

 

13.8

 

57,216

 

6.0

 

N/A

 

N/A

 

Tier 1 capital (to average assets)

131,785

 

9.6

 

54,646

 

4.0

 

N/A

 

N/A

 
             

ChoiceOne Bank

            

Total capital (to risk weighted assets)

$ 69,412

 

13.2

%

$ 42,039

 

8.0

%

$ 52,549

 

10.0

%

Common equity Tier 1 capital (to risk weighted assets)

65,362

 

12.4

 

23,647

 

4.5

 

34,157

 

6.5

 

Tier 1 capital (to risk weighted assets)

65,362

 

12.4

 

31,530

 

6.0

 

42,039

 

8.0

 

Tier 1 capital (to average assets)

65,362

 

10.0

 

26,179

 

4.0

 

32,724

 

5.0

 
             

Lakestone Bank & Trust

            

Total capital (to risk weighted assets)

$ 63,885

 

15.0

%

$ 34,056

 

8.0

%

$ 42,570

 

10.0

%

Common equity Tier 1 capital (to risk weighted assets)

63,885

 

15.0

 

19,156

 

4.5

 

27,670

 

6.5

 

Tier 1 capital (to risk weighted assets)

63,885

 

15.0

 

25,542

 

6.0

 

34,056

 

8.0

 

Tier 1 capital (to average assets)

63,885

 

9.0

 

28,338

 

4.0

 

35,423

 

5.0