CHOICEONE FINANCIAL SERVICES INC Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Choiceone Financial Services Inc quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Choiceone Financial Services Inc Interest Expense for the quarter ending June 30, 2024 was $11.6M, a 60.2% increase year-over-year.
  • Choiceone Financial Services Inc Interest Expense for the twelve months ending June 30, 2024 was $45M, a 168% increase year-over-year.
  • Choiceone Financial Services Inc annual Interest Expense for 2023 was $33.1M, a 327% increase from 2022.
  • Choiceone Financial Services Inc annual Interest Expense for 2022 was $7.75M, a 94.8% increase from 2021.
  • Choiceone Financial Services Inc annual Interest Expense for 2021 was $3.98M, a 14.4% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $33.1M +$25.3M +327% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-13
2022 $7.75M +$3.77M +94.8% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-13
2021 $3.98M -$667K -14.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-13
2020 $4.64M -$56K -1.19% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-23
2019 $4.7M +$2.24M +91% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-18
2018 $2.46M +$983K +66.5% Jan 1, 2018 Dec 31, 2018 10-K/A 2021-04-21
2017 $1.48M +$509K +52.5% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-16
2016 $969K -$21K -2.12% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-18
2015 $990K -$161K -14% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-29
2014 $1.15M -$268K -18.9% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-27
2013 $1.42M -$1.13M -44.2% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-28
2012 $2.54M -$1.01M -28.4% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-13
2011 $3.55M -$1.41M -28.5% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-31
2010 $4.97M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-29
* An asterisk sign (*) next to the value indicates that the value is likely invalid.