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Note 20 - Regulatory Capital (Tables) | 12 Months Ended
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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 |

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- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
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