EXHIBIT 99.1 

News Release

ChoiceOne Financial Announces Earnings For Third Quarter 2017

Sparta, Michigan – October 25, 2017 – ChoiceOne Financial Services, Inc. (OTC:COFS), the parent company for ChoiceOne Bank, reported net income of $1,720,000 for the third quarter of 2017 compared to $1,683,000 in the same period in 2016. Earnings per share were $0.50 in the third quarter of 2017 compared to an adjusted $0.50 in the third quarter of the prior year. Net income for the first nine months of 2017 was $4,801,000 or $1.39 per share, compared to $4,402,000 or an adjusted $1.28 per share in the prior year. Per share amounts for the prior year have been adjusted for the 5% stock dividend paid on May 31, 2017.

“We continue to experience record quarter and record year to date net income as a result of strong organic growth throughout the organization,” said Kelly Potes, President and Chief Executive Officer of ChoiceOne Financial Services, Inc. “Our focus on superior service and quality advice has certainly added to the bottom line. It is reassuring to see our business practices rewarded with growth.”

Total assets as of September 30, 2017, grew to $642 million, compared to $630 million as of June 30, 2017 and $607 million as of December 31, 2016, which represented growth of $12.0 million and $34.7 million for the quarter and first nine months of 2017, respectively. Net loans have grown $14.5 million since June 30, 2017 and $25.2 million since December 31, 2016. Loan growth and higher interest rates on new loans led to 2017 third quarter loan interest income of $4.6 million, which was $382,000 higher than the same period in 2016. Total deposits grew 10% or $48.5 million from third quarter 2016 to third quarter 2017, which helped to fund loans.

ChoiceOne recorded a $95,000 provision for loan losses during the third quarter of 2017 as a result of loan growth and charge-offs experienced during the first nine months of the year. Nonperforming loans were down $384,000 from the prior quarter and $1.1 million since the end of 2016.

Mortgage sales volume was lower in the current quarter and first nine months of 2017 than the same periods in 2016. This was primarily due to higher interest rates and a relatively low inventory of homes available for sale in ChoiceOne’s primary markets. This decline in mortgage fee income was partially offset by increases in customer service charges, gains on sales of securities, and earnings on life insurance policies in the third quarter of 2017 compared to the third quarter of 2016.

Total noninterest expense decreased $128,000 in the first nine months of 2017 compared to the same period in 2016, primarily due to lower intangible amortization expenses.

“Our quarterly net income in excess of $1.7 million is a first for ChoiceOne,” said Potes. “We will continue to focus on growth and strengthening client relationships as we strive to be the best bank in Michigan.”

About ChoiceOne

ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan and the parent corporation of ChoiceOne Bank, Member FDIC. ChoiceOne Bank operates 12 full service offices and one loan production office in parts of Kent, Ottawa, Muskegon, and Newaygo Counties. ChoiceOne Bank offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. ChoiceOne Financial Services, Inc. common stock is quoted on the OTC under the symbol “COFS.” For more information, please visit Investor Relations at ChoiceOne’s website at www.choiceone.com.

Forward-Looking Statements
This press release contains forward-looking statements. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “is likely,” “plans,” “predicts,” “projects,” “may,” “could,” “look forward,” “continue”, “future” and variations of such words and similar expressions are intended to identify such forward-looking statements. Management’s determination of the provision and allowance for loan losses, the carrying value of goodwill and loan servicing rights, and the fair value of investment securities (including whether any impairment on any investment security is temporary or other than temporary and the amount of any impairment) and management’s assumptions concerning pension and other postretirement benefit plans involve judgments that are inherently forward-looking. These statements reflect management’s current beliefs as to the expected outcomes of future events and are not guarantees of future performance. These statements involve certain risks, uncertainties and assumptions (“risk factors”) that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. Therefore, actual results and outcomes may materially differ from what may be expressed, implied or forecasted in such forward-looking statements. Furthermore, ChoiceOne undertakes no obligation to update, amend, or clarify forward-looking statements, whether as a result of new information, future events, or otherwise.

Risk factors include, but are not limited to, the risk factors described in Item 1A in ChoiceOne Financial Services, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2016. These and other factors are representative of the risk factors that could cause a difference between an ultimate actual outcome and a preceding forward-looking statement.

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EDITORS NOTE: Media interviews with ChoiceOne Bank executives are available by calling Tom Lampen at (616)887-2337 or tlampen@choiceone.com. Electronic versions of bank official headshots are also available.

Condensed Balance Sheets
(Unaudited)

Condensed Statements of Income
(Unaudited)