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Note 20 - Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2021
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, 2021

                       

ChoiceOne Financial Services Inc.

                       

Total capital (to risk weighted assets)

$ 204,353

 

14.4

%

$ 113,604

 

8.0

%

N/A

 

N/A

 

Common equity Tier 1 capital (to risk weighted assets)

160,338

 

11.3

 

63,902

 

4.5

 

N/A

 

N/A

 

Tier 1 capital (to risk weighted assets)

164,838

 

11.6

 

85,203

 

6.0

 

N/A

 

N/A

 

Tier 1 capital (to average assets)

164,838

 

7.4

 

89,415

 

4.0

 

N/A

 

N/A

 
                         

ChoiceOne Bank

                       

Total capital (to risk weighted assets)

$ 182,275

 

12.9

%

$ 113,444

 

8.0

%

$ 141,806

 

10.0

%

Common equity Tier 1 capital (to risk weighted assets)

174,587

 

12.3

 

63,813

 

4.5

 

92,174

 

6.5

 

Tier 1 capital (to risk weighted assets)

174,587

 

12.3

 

85,083

 

6.0

 

113,444

 

8.0

 

Tier 1 capital (to average assets)

174,587

 

7.8

 

89,289

 

4.0

 

111,611

 

5.0

 
                         

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