Kelly Potes compensation by year
CHOICEONE FINANCIAL SERVICES Summary Compensation Table · all 9 fiscal years held| Component | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $250,500 | $255,000 | $286,712 | $360,000 | $380,000 | $400,000 | $468,000 | $488,000 | $550,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $11,500 | $15,600 | $19,176 | $44,736 | $104,135 | $91,200 | $94,068 | $157,136 | $260,700 |
| Option awards | $12,780 | $25,020 | $21,840 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $25,000 | $35,000 | $80,000 | $118,800 | $146,300 | $121,600 | $125,424 | $202,032 | $325,875 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $16,879 | $16,990 | $20,525 | $27,007 | $30,114 | $33,406 | $34,761 | $41,223 | $45,125 |
| Total | $316,659 | $347,610 | $428,253 | $550,543 | $660,549 | $646,206 | $722,253 | $888,391 | $1,181,700 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: CHOICEONE FINANCIAL SERVICES INC DEF 14A filed April 13, 2026, accession 0001140361-26-014320, and prior-year filings. Open the filing on EDGAR.
How this page was built: the CHOICEONE FINANCIAL SERVICES INC filed document, accession 0001140361-26-014320. Every figure is read from that document and cited to the page and table it appears in. Filed April 13, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 2,204 | $65,062 | — |
| RSU | 2,204 | $65,062 | — |
| PSU | 1,972 | $58,213 | — |
| RSU | 1,606 | $47,409 | — |
| PSU | 1,605 | $47,380 | — |
| PSU | 1,573 | $46,435 | — |
| RSU | 1,572 | $46,405 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in CHOICEONE FINANCIAL SERVICES INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
2 Form 4 lines since the FY2025 proxy (filed April 13, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-04-30 | Grant or award | — | 4,416 | $0.00 | 47,256.42 |
| 2026-04-30 | Tax withholding | — | 450 | $30.03 | 42,048.61 |
The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
CHOICEONE FINANCIAL SERVICES’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Kelly Potes · this page | Chief Executive Officer of ChoiceOne and ChoiceOne Bank | $1,181,700 |
| Michael Burke | President of ChoiceOne and ChoiceOne Bank | $805,455 |
| Adom Greenland | Executive Vice President & Chief Financial Officer of ChoiceOne Bank | $546,476 |
| Bradley Henion | Executive Vice President & Chief Lending Officer of ChoiceOne Bank | $529,442 |
Board service
CHOICEONE FINANCIAL SERVICES board · FY2021–FY2025How this board is paid
Company policy: CHOICEONE FINANCIAL SERVICES pays directors a $34,000 cash retainer and $10,000 in Stock. As stated in CHOICEONE FINANCIAL SERVICES's FY2023 proxy.
Committees
Risk
The full CHOICEONE FINANCIAL SERVICES compensation record
free company briefThis page is one person within CHOICEONE FINANCIAL SERVICES's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are CHOICEONE FINANCIAL SERVICES's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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