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Note 21 - Regulatory Capital (Tables) | 12 Months Ended
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Dec. 31, 2022
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, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
ChoiceOne Financial Services Inc. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital (to risk weighted assets) |  | $ | 222,006 |  |  |  | 13.8 | % |  | $ | 128,545 |  |  |  | 8.0 | % |  |  | N/A |  |  |  | N/A |
Common equity Tier 1 capital (to risk weighted assets) |  |  | 177,916 |  |  |  | 11.1 |  |  |  | 72,307 |  |  |  | 4.5 |  |  |  | N/A |  |  |  | N/A |
Tier 1 capital (to risk weighted assets) |  |  | 182,416 |  |  |  | 11.4 |  |  |  | 96,409 |  |  |  | 6.0 |  |  |  | N/A |  |  |  | N/A |
Tier 1 capital (to average assets) |  |  | 182,416 |  |  |  | 7.9 |  |  |  | 92,558 |  |  |  | 4.0 |  |  |  | N/A |  |  |  | N/A |
ChoiceOne Bank |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital (to risk weighted assets) |  | $ | 208,696 |  |  |  | 13.0 | % |  | $ | 128,294 |  |  |  | 8.0 | % |  | $ | 160,367 |  |  |  | 10.0 | %
Common equity Tier 1 capital (to risk weighted assets) |  |  | 201,077 |  |  |  | 12.5 |  |  |  | 72,165 |  |  |  | 4.5 |  |  |  | 104,239 |  |  |  | 6.5 |
Tier 1 capital (to risk weighted assets) |  |  | 201,077 |  |  |  | 12.5 |  |  |  | 96,220 |  |  |  | 6.0 |  |  |  | 128,294 |  |  |  | 8.0 |
Tier 1 capital (to average assets) |  |  | 201,077 |  |  |  | 8.7 |  |  |  | 92,449 |  |  |  | 4.0 |  |  |  | 115,562 |  |  |  | 5.0 |
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 |

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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 https://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 https://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
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