ChoiceOne Financial Services, Inc. (OTCMKTS:COFS) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submission of Matters to a Vote of Security Holders. |
ChoiceOne Financial Services, Inc. (the Company) held its annual
meeting of shareholders on Wednesday, May 24, 2017. At the
meeting, the shareholders voted on three matters: (1) the
election of four directors; (2) approval on an advisory basis of
the compensation of the Companys named executive officers as
disclosed in the proxy statement; and (3) ratification of the
selection of Plante Moran PLLC as independent registered public
accounting firm for the year ending December 31, 2017.
All of the nominees for director were elected by the following
votes:
| Election of Directors | Votes Cast | |||||
| Broker | ||||||
| All nominees for director were elected: | For | Withheld | Non-Votes | |||
| Keith D. Brophy | 1,897,549 | 79,427 | 606,466 | |||
| K. Timothy Bull | 1,932,955 | 44,021 | 606,466 | |||
| Jack G. Hendon | 1,916,823 | 60,153 | 606,466 | |||
| Dennis C. Nelson | 1,907,397 | 69,579 | 606,466 | |||
The shareholders approved the compensation of the Companys named
executive officers by the following votes:
| Votes Cast | ||||||
| For | Against | Abstain | Broker Non-Votes | |||
| 1,724,240 | 235,797 | 16,939 | 606,466 | |||
An advisory proposal to approve the Companys executive
compensation will next occur in connection with the Companys 2017
Annual Meeting of Shareholders.
The shareholders ratified the appointment of Plante Moran PLLC as
independent registered public accounting firm for the year ending
December 31, 2017 by the following votes:
| Votes Cast | ||||||
| For | Against | Abstain | Broker Non-Votes | |||
| 2,553,843 | 24,874 | 4,725 | ||||
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About ChoiceOne Financial Services, Inc. (OTCMKTS:COFS)
ChoiceOne Financial Services, Inc. is a bank holding company. The Company operates through banking segment. The Company’s subsidiary, ChoiceOne Bank (the Bank), is a full-service banking institution that offers a range of deposit, payment, credit and other financial services to all types of customers. Its services include time, savings, demand deposits, safe deposit services and automated transaction machine services. It offers both commercial and consumer loans to corporations, partnerships and individuals. Commercial lending covers categories, such as business, industry, agricultural, construction, inventory and real estate. The Bank’s consumer loan department makes direct and indirect loans to consumers and purchasers of residential and real property. The Bank’s primary market area lies within Kent, Muskegon, Newaygo and Ottawa counties in Michigan. The Bank’s subsidiary, Insurance Agency, sells insurance policies, such as life and health for both commercial and consumer clients. ChoiceOne Financial Services, Inc. (OTCMKTS:COFS) Recent Trading Information
ChoiceOne Financial Services, Inc. (OTCMKTS:COFS) closed its last trading session 00.00 at 22.65 with 351 shares trading hands.
