G. W. Jones Exchange Bank: how it compares with its peers
Against 19 MI banks with half to twice its assets, G. W. Jones Exchange Bank's strongest measure in Q2 2026 is return on assets (0.90% vs. a 0.97% peer median). Its weakest relative measure is net interest margin (3.17% vs. 4.25%).
| Measure | G. W. Jones Exchange Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.90% | 0.97% | Middle third Ahead of 42% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.17% | 4.25% | Bottom third Ahead of 11% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 75.48% | 69.56% | Bottom third Ahead of 32% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.1M | $5.3M | Bottom third Ahead of 11% of peers |
| Loans to deposits Net loans and leases over total deposits. | 22.09% | 76.41% | Context |
What it means for lending operations
Its efficiency ratio of 75.48% is above the 69.56% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Kalamazoo County State Bank Schoolcraft, MI · $118M
- Blissfield State Bank Blissfield, MI · $115M
- The Miners State Bank Iron River, MI · $135M
- Community Unity Bank Birmingham, MI · $107M
- Sidney State Bank Sidney, MI · $139M
- Huron State Bank Rogers City, MI · $95M
Questions about G. W. Jones Exchange Bank
How big is G. W. Jones Exchange Bank?
G. W. Jones Exchange Bank, established in 1877, is headquartered in Marcellus, MI. It reported $123M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is G. W. Jones Exchange Bank's return on assets?
0.90% annualized in Q2 2026, against a 0.97% median for 19 MI banks with half to twice its assets, ahead of 42% of them.
What is G. W. Jones Exchange Bank's efficiency ratio?
75.48% in Q2 2026: it spent about 75 cents in noninterest expense for each dollar of revenue. The peer median is 69.56%, and lower is better.
Is G. W. Jones Exchange Bank growing its loans?
Net loans grew 3.1% over the year to Q2 2026, while deposits grew 12.8%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MI banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Michigan bank ranked.