G. W. Jones Exchange Bank

G. W. Jones Exchange Bank is headquartered in Marcellus and is the 119^st largest bank in the state of Michigan. It is also the 6,023^rd largest bank in the nation. It was established in 1877 and as of March of 2012, it had grown to 41 employees at 5 locations. G. W. Jones Exchange Bank has a 4-star health rating.

G. W. Jones Exchange Bank Checking Account Rates

G. W. Jones Exchange Bank Savings Account Rates

G. W. Jones Exchange Bank Money Market Rates

G. W. Jones Exchange Bank CD Rates

G. W. Jones Exchange Bank IRA Rates

Data for Q1 2012

Institution Statistics G. W. Jones Exchange Bank FDIC Certificate # 999 BankRate Report View Year Established 1877 Employees 41 Primary Regulator FED Assets and Liabilities Assets $61.77 million Loans $31.43 million Deposits $55.45 million Equity Capital $5.87 million Loan Loss Allowance $399,000 Unbacked Noncurrent Loans $160,000 Real Estate Owned $1.63 million Historic Data - March 2011 Assets $59.03 million Equity Capital $5.70 million Loan Loss Allowance $403,000 Unbacked Noncurrent Loans $648,000 Real Estate Owned $820,000 Profit Margin - Quarterly Net Interest Margin 3.19% Return on Assets 0.21% Return on Equity 2.19% Interest Income $532,000

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 G. W. Jones Exchange Bank had $1.79 million in non-current loans and owned real-estate with $6.27 million in equity and loan loss allowances on hand to cover it. This gives G. W. Jones Exchange Bank a Texas Ratio of 28.60% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for G. W. Jones Exchange Bank held steady from 24.07% as of March 31, 2011 to 28.60% as of March 31, 2012, resulting in a negative change of 18.82%. This indicates that the balance sheet and financial strength for G. W. Jones Exchange Bank has held steady in recent periods. Deposit Growth In the past year, G. W. Jones Exchange Bank has increased its total deposits by $2.44 million, resulting in 4.61% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth G. W. Jones Exchange Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. G. W. Jones Exchange Bank has $61.77 million in assets with $6.27 million in equity, resulting in a capitalization level of 10.15%, which is above average.

No reviews have been left for this bank yet. Be the first to review.