G.W. Jones Exchange Bank
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Data as of · sourced from FFIEC call reports. How we update
G.W. Jones Exchange Bank is an FDIC-insured commercial bank headquartered in Marcellus, MI, established in 1877 (FDIC certificate 999), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $122.8M, up 13.2% from Q2 2025, the 62nd largest of 72 banks headquartered in Michigan. Its CET1 capital ratio was 42.43% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 999
- Headquarters
- Marcellus, MI
- Established
- 1877
- Total assets, Q2 2026
- $122.8M
- Assets vs Q2 2025
- +13.2%
- CET1 ratio, Q2 2026
- 42.43%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 072404508
- Latest call report
- Q2 2026, FFIEC 051 · G.W. Jones Exchange Bank call report
- Holding company
- JONES BANCORP, INC.
- Asset rank in state
- 62nd of 72 in Michigan
Problem loans are rising at G.W. Jones Exchange Bank. Its balance sheet stood at $123 million at June 30, 2026, up 13.2% from a year earlier; it is based in Marcellus, Michigan. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.64% of loans from 0.00% a year earlier. It pays an average of 0.67% on its deposits and borrowings, about a third the median of 1.80% for the 2,660 banks with $100 million to $1 billion in assets. It also holds common equity equal to 42.43% of its risk-weighted assets, about triple the median of 15.12% for banks its size.
Net income for the quarter slipped 14% from a year earlier, to $438,000. Over the same year, loans grew 3.1% and deposits grew 12.8%.
As of June 30, 2026, G.W. Jones Exchange Bank reported a CET1 capital ratio of 42.43%, a return on assets of 1.58%, a nonperforming-loan ratio of 1.64% and a Texas ratio of 4.15%. The figures come from its call report filed with the FFIEC.
Of the 72 banks headquartered in Michigan, G.W. Jones Exchange Bank is the 62nd largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 13.8% to $122.8M, loans rose 1.3% and deposits rose 14.2%. 1-4 family residential loans made up 54.3% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 15.6%. The FDIC Summary of Deposits lists 4 offices for it, in Marcellus, MI, Cassopolis, MI and Edwardsburg, MI; its Marcellus 2 offices book 59% of its branch deposits. On its Q2 2026 call report, G.W. Jones Exchange Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 115 W Main St, Marcellus, MI 49067
- County
- Cass
- Metro Area
- South Bend-Mishawaka, IN-MI
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- May 28, 1877
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 30
- Domestic deposits
- $110.9M
- Allowance for credit losses
- $262K
- Net charge-offs (YTD)
- $0
- Average total assets
- $110.7M
- Average total loans
- $24.5M
- Average interest-bearing deposits
- $56.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 999
- Fed RSSD
- 540542
- Website
- www.gwjonesbank.com →
- Parent Holding Company
- JONES BANCORP, INC. (RSSD 2004039)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, G.W. Jones Exchange Bank's total assets ranged from $101.1M (Q2 2024) to $126.9M (Q4 2023), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$122.8M total assets against $108.5M; $112.1M total liabilities against $99.3M.
$24.5M net loans and leases against $23.8M; $110.9M total deposits against $98.4M.
$52.2M securities against $47.1M; $44.6M cash and balances due against $36.1M.
$1.2M total interest income against $1.2M; $175K total interest expense against $165K.
$1.0M net interest income against $1.0M.
$236K total noninterest income against $224K; $824K total noninterest expense against $731K.
No provision recorded in the last 12 quarters.
$438K net income against $507K.
1.58% return on assets against 1.84%; 4.10% net interest margin against 4.04%.
42.43% CET1 capital ratio against 33.83%; 10.36% tier 1 leverage ratio against 8.12%.
Inside the full G.W. Jones Exchange Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeG.W. Jones Exchange Bank rankings
Its closest position to the top of a national ranking is 15 of 2,134, for CET1 ratio; its furthest is 3,494 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.21% (Q4 2025) to 1.84% (Q2 2025) and its net interest margin ran from 2.61% (Q1 2026) to 4.78% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 42.43% | 1.58% | 1.64% | 4.15% | 4.10% |
| Q1 2026 | 39.67% | 0.28% | 0.12% | 0.77% | 2.61% |
| Q4 2025 | 38.37% | -0.21% | 0.00% | 0.54% | 4.78% |
| Q3 2025 | 38.51% | 0.75% | 0.00% | 0.56% | 3.76% |
| Q2 2025 | 33.83% | 1.84% | 0.00% | 0.62% | 4.04% |
| Q1 2025 | 29.73% | 0.98% | 0.00% | 0.68% | 2.88% |
| Q4 2024 | 32.27% | 0.60% | 0.19% | 1.32% | 4.22% |
| Q3 2024 | 37.11% | 0.54% | 0.00% | 2.73% | 2.63% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| G. W. Jones Exchange Bank | Marcellus , MI | 49067 | $65.2M |
| Cassopolis Branch | Cassopolis , MI | 49031 | $30.7M |
| Edwardsburg Branch | Edwardsburg , MI | 49112 | $15.0M |
| Marcellus Branch | Marcellus , MI | 49067 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MI, rank 81 of 95 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $350K approved, $350K average. 100.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2003 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about G.W. Jones Exchange Bank
What are G.W. Jones Exchange Bank's total assets?
As of the Q2 2026 filing, G.W. Jones Exchange Bank reported total assets of $122.8 million in its FFIEC call report.
Where is G.W. Jones Exchange Bank headquartered?
It is headquartered in Marcellus, MI, United States.
When was G.W. Jones Exchange Bank founded?
It was established in 1877, per the FDIC institution directory.
Is G.W. Jones Exchange Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #999). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates G.W. Jones Exchange Bank?
G.W. Jones Exchange Bank's primary federal regulator is the Federal Reserve.
What is G.W. Jones Exchange Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 42.43% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does G.W. Jones Exchange Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is G.W. Jones Exchange Bank's Texas Ratio?
Its Texas Ratio is 4.15% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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