 ChoiceOne Financial Services, Inc. OTC: COFS ChoiceOne, the parent company of ChoiceOne Bank and Lakestone Bank Trust, and Community Shores Bank Corporation OTC: CSHB Community Shores, the parent company of Community Shores Bank, jointly announced today the signing of a definitive merger agreement pursuant to which ChoiceOne will acquire Community Shores. The combination, a stock and cash transaction, will create an approximate 1.5 billion asset bank holding company with 33 offices in West and Southeastern Michigan. The transaction is expected to close in the second quarter of 2020, subject to the satisfaction of customary closing conditions, including receipt of approval from Community Shores shareholders and receipt of regulatory approvals. The transaction was unanimously approved by the boards of directors of both companies. 