G. W. Jones Exchange Bank

Overview / Commentary

www.gwjonesbank.com

269-646-2151

119-21 West Main Street
Marcellus, MI 49067

G. W. Jones Exchange Bank is headquartered in Marcellus and is the 87^th largest bank in the state of Michigan. It is also the 4,738^th largest bank in the nation. It was established in 1877 and as of June of 2019, it had grown to 30 employees at 4 locations. G. W. Jones Exchange Bank has a B health rating.

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Health

Data as of Q2 2019

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. G. W. Jones Exchange Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	999
Year Established	1877
Employees	30
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.65%
Return on Equity - YTD	5.71%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$56.7MM$55.0MM
Loans	Q2 2019vs Q2 2018	$23.6MM$26.1MM
Deposits	Q2 2019vs Q2 2018	$49.6MM$48.3MM
Equity Capital	Q2 2019vs Q2 2018	$6.8MM$6.6MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$303.00K$304.00K
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$241.00K$35.00K
Real Estate Owned	Q2 2019vs Q2 2018	$698.00K$792.00K

Rates

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Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

G. W. Jones Exchange Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$50	-	Statement Savings Account
0.15%	$1	-	Holiday Club Savings

G. W. Jones Exchange Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$200k^*	-	Super Interest Earning Checking
OTHER TIERS: 0.15% → $2.5k - $25k \| 0.18% → $25k - $200k
0.20%^*	$200k^*	-	Business Super Interest Earning Checking
OTHER TIERS: 0.15% → $2.5k - $25k \| 0.18% → $25k - $200k
0.15%	$500	-	Interest-Earning Checking Account
0.15%	$500	-	Business Interest Earning Checking

G. W. Jones Exchange Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.86%	$1k	-	15 Month CD Special
1.80%	$500	-	5 Year CD
1.80%	$500	-	6 Year CD
1.52%	$500	-	4 Year CD
1.27%	$500	-	3 Year CD
1.01%	$500	-	2 Year CD
0.70%	$500	-	1 Year CD
0.60%	$500	-	181-364 Day CD
0.30%	$500	-	91-180 Day CD
0.20%	$500	-	7-30 Day CD
0.20%	$500	-	31-90 Day CD

G. W. Jones Exchange Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.70%	$500	-	18 Month IRA

Locations

G. W. Jones Exchange Bank Locations
Cassopolis Branch	110 Spencer Road	Cassopolis, MI 49031
G. W. Jones Exchange Bank	119-21 West Main Street	Marcellus, MI 49067
Edwardsburg Branch	69139 M-62 Highway South	Edwardsburg, MI 49112

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