Choiceone Financial Services, Inc. · NASDAQ:COFS
Choiceone Financial Services — Shareholder Meeting (May 2026)
24 slides from Choiceone Financial Services's shareholder meeting presentation, May 20, 2026
Slide 1: Annual Meeting 2026
Annual Meeting 2026 EXHIBIT 99.1
Slide 2: Agenda: 39th Annual Shareholder Meeting
2 AGENDA 39 th Annual Shareholder Meeting INTRODUCTIONS • Gregory McConnell, Chairman of the Board CALL TO ORDER & PRESENTATION OF PROPOSALS IN PROXY STATEMENT • Election of Directors • Advisory approval of ChoiceOne’s Executive Compensation • Ratification of the selection of Plante & Moran, PLLC as
Slide 3: Forward-Looking Statements
3 FORWARD - LOOKING STATEMENTS This presentation contains forward - looking statements that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the financial services industry, the economy, and ChoiceOne . Words such as “anticipates,” “believes,” “es
Slide 4: Company Overview
4 Source: Numbers based on ChoiceOne internal data as of 3/31/2026 except where specifically identified COMPANY OVERVIEW ChoiceOne Bank maintains the community feel of a small - town bank with the technological capabilities and product offerings of a larger bank. Founded in 1898, ChoiceOne is a Mich
Slide 5: The Legacy of ChoiceOne Bank
5 THE LEGACY OF CHOICEONE BANK
Slide 6: Legacy ChoiceOne Branches
@ Legacy ChoiceOne Branches NewayGo. MUSKEGON @ Ol UVINGSTON OAKLAND
Slide 7: Boards of Directors
7 ChoiceOne Financial Services, Inc. and ChoiceOne Bank BOARDS OF DIRECTORS (AS OF 12/31/25) FRONT ROW (L - R) BRUCE JOHN ESSEX, JR. Managing Director, Port City Ventures, LLC KEITH D. BROPHY CEO, Mentavi Health GREGORY A. MCCONNELL Chairman of the Boards, Retired Insurance Agent ROXANNE M. PAGE Vic
Slide 8: Management Team
8 MANAGEMENT TEAM Mr . Michael J . Burke Jr . has served as President at ChoiceOne since May 2020 and oversees lending and operations . Previously, he served as President, CEO, COO and Director at Lakestone Bank & Trust which was merged into ChoiceOne . Mr . Burke is highly involved in organizations
Slide 9: Awards & Accomplishments
9 AWARDS & ACCOMPLISHMENTS With an abundance of accolades & awards, ChoiceOne Bank has been recognized as a top - tier community bank in Michigan and in the banking industry. Michigan Certified Development Corporation - MCDC Community Bank Lender of the Year Award 2025 Web Marketing Association - WM
Slide 10: $604,000+ Community Donations
10 $ 604,000 + COMMUNITY DONATIONS Source: Numbers based on ChoiceOne internal data as of 12/31/2025 except where specifically identified
Slide 11: 8,000+ Volunteer Hours
8,000 + VOLUNTEER HOURS Source: Numbers based on ChoiceOne internal data as of 12/31/2025 except where specifically identified
Slide 12: Financial Summary
FINANCIAL SUMMARY
Slide 13: Adjusted Net Income and Adjusted Basic Earnings Per Share
13 ADJUSTED NET INCOME AND ADJUSTED BASIC EARNINGS PER SHARE (1) *Tax - effected merger expenses refers to expenses related to the merger with County Bank Corp. effective on October 1, 2019, and the acquisition of Community Shores Bank Corporation effective on July 1, 2020. Adjusted amounts are not
Slide 14: Cash Dividends Per Share
14 CASH DIVIDENDS PER SHARE ; Ordinary dividends 3.8% dividend yield as of 12/31/25 $0.94 $1.01 $1.05 $1.09 $1.13 $0.29 $- $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 2021 2022 2023 2024 2025 2026 Q1 (1) Calculated using annualized Q1 2026
Slide 15: Historic Balance Sheet Growth – Loans and Assets
15 Source: Numbers based on ChoiceOne internal data as of 3/31/2026 except where specifically identified; Note: All dollars in thousands 1. For 2025 includes the impact of the Merger of Fentura of $1.8 billion in assets, $1.4 billion in loans, $1.4 billion is Depos its and $193 million of equity. HI
Slide 16: Historic Balance Sheet Growth – Equity and Deposits
16 Source: Numbers based on ChoiceOne internal data as of 3/31/2026 except where specifically identified; Note: All dollars in thousands 1. For 2025 includes the impact of the Merger of Fentura of $1.8 billion in assets, $1.4 billion in loans, $1.4 billion is Depos its and $193 million of equity. HI
Slide 17: Financial Performance Metrics – ROAA and ROAE
17 Source: Numbers based on ChoiceOne internal data as of 3/31/2026 except where specifically identified (1) 2024 and 2025 Adjusted for merger of Fentura related expenses. See Non - GAAP reconciliation FINANCIAL PERFORMANCE METRICS – COFS Adjusted ROAE (1) Adjusted ROAA (1) 1.00% 0.85% 1.00% 0.69% 1
Slide 18: Vision and Mission
18 Our vision is to be the best bank in Michigan. Our mission is to provide superior service, quality advice, and show utmost respect to everyone we meet.
Slide 19: Shareholder Appreciation Luncheon Invitation
a choice #ne FINANCIAL SERVICES, INC. YOU ARE CORDIALLY INVITED TO OUR SHAREHOLDER APPRECIATION LUNCHEON To make it convenient for you, we are holding this event at two different locations, on two different dates. RSVP: Call or text all names of Noon-2:00 PM Noon-2:00 PM Seed cua THOUSAND OAKS GOLF
Slide 20: COFS Trades on NASDAQ
20 C OF S T R ADES ON NAS D A Q ® ChoiceOne trades on the NASDAQ S t ock E x change under its s ymbol, “COFS” Market Makers in ChoiceOne Brean Capital Eugene Bodo 215.665.6566 D. A. Davidson & Co. Nick Bicking 800.394.9230 Raymond James & Associates Anthony LanFranca 312.655.2961 Stock Registrar & T
Slide 21: Appendix: Non-GAAP Reconciliation
21 APPENDIX NON - GAAP RECONCILIATION Source: Numbers based on ChoiceOne internal data as of 3/31/2026 except where specifically identified ; Note: All dollars in thousands (1) Merger related provision for credit loss represents the calculated credit loss on non - PCD loans acquired during the Fentu
Slide 22: Appendix: Non-GAAP Reconciliation – ROAA and ROAE
22 Source: Numbers based on ChoiceOne internal data as of 3/31/2026 except where specifically identified (1) annualized APPENDIX NON - GAAP RECONCILIATION Three Months Ended (1) Return on average assets December 31, 2022 December 31, 2023 December 31, 2024 December 31, 2025 March 31, 2026 (In Thousa
Slide 23: Thank You
thank you
Slide 24: Questions
choice@ne questions
Choiceone Financial Services — Shareholder Meeting (May 2026) on 6ix