ChoiceOne Financial Services, Inc.
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $22.6M | $21.4M |
| Cost of Revenue | — | — |
| Gross Profit | — | — |
| Gross Margin | — | — |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | — | — |
| Operating Income | $8.3M | $8.4M |
| Operating Margin | 36.9% | 39.1% |
| Interest Expense | $5.0M | $7.1M |
| Pretax Income | $3.4M | $1.3M |
| Income Tax Expense | $654.0K | $-195.0K |
| Net Income | $2.7M | $1.5M |
| Net Margin | 12.0% | 6.9% |
| EPS (Basic) | $0.83 | $0.45 |
| EPS (Diluted) | $0.83 | $0.45 |
| Shares Outstanding (Basic) | 3.3M | — |
| Shares Outstanding (Diluted) | 3.3M | — |
| Dividends Per Share | $0.48 | $0.48 |