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G. W. Jones Exchange Bank, Financial Information

AboutG. W. Jones Exchange Bank

 Address:
119-21 West Main Street
Marcellus,MI
Cass County,Michigan
 Established:
May 1877
 Number of domestic offices:
4
Total assets$89M
Net income$1M
Net income,quarterly$0M
Total deposits$81M
Domestic deposits$81M
Equity capital$8M
ROA0.71%
ROAQ,quarterly0.31%
ROA,pretax0.31%
ROAQ,quarterly,pretax0.31%
ROE7.15%
ROEQ,quarterly3.57%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

G.W. Jones Exchange Bank was established in 1877 by George Washington Jones. It now has over $63 million in assets. G.W. Jones Exchange Bank is the only locally owned and operated bank in Cass County, and has branches in Cassopolis, Marcellus, Edwardsburg and Watervliet.

The purpose of the G.W. Jones Exchange Bank is to provide service to bank customers, jobs for its employees, improve the welfare of the citizens in its service area, establish adequate capital to protect the customers of the bank, and to provide financial growth for its stockholders.

Marcellus
115 West Main Street
Marcellus, MI 49067
(269) 646-2151

Cassopolis
110 Spencer Road
Cassopolis, MI 49031
(269) 445-2213

Edwardsburg
69139 M-62 Highway South
Edwardsburg, MI 49112
(269) 663-5626

Watervliet
332 North Main Street
Watervliet, MI 49098
(269) 463-3281

Historical Data