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G.W. Jones Exchange Bank

Marcellus, MI · Cert 999 · Jones Bcorp Inc.

State charter, Fed member · FED · 4 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets (n=570 to 617). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

67

Q2 2024Q2 2026peer median (50)

Asset Quality

59

Q2 2024Q2 2026peer median (50)

Profitability

39

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

32

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

G.W. Jones Exchange Bank

Marcellus, MI · Cert 999 · Jones Bcorp Inc.

State charter, Fed member · FED · 4 branches

Q2 2026

$122.8MAssets
$24.8MLoans
$110.9MDeposits
$10.7MEquity
Loan mix
92%RE $22.3M2%C&I $0.6M6%Consumer $1.4MQ2 2025Q2 2026
Deposit mix
51%Interest-bearing $57.0M49%Noninterest $53.9MQ2 2025Q2 2026

NIM

3.51%Q2 ’243.81%Q2 ’253.71%Q2 ’26+15%-3%

Non-interest income vs. expense

2.74%Q2 ’242.81%Q2 ’252.97%Q2 ’260%+22%

Market Position · South Bend-Mishawaka, IN-MI · 2026 SOD (annual) · 1.8% share · #11 of 17 inst. · $0.1B of $6.2B

Executive Summary

  • Earnings: ROA of 0.90%, down 53 bps year over year; NIM at 3.11%.
  • Asset quality: problem loans at 1.64% of loans (+164 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.36%, up 224 bps from a year ago.
  • Funding: loans stand at 22.32% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.90%-53 bps YoY

Net Interest Margin (YTD, annualized)

3.11%-10 bps YoY

Efficiency Ratio (YTD, annualized)

75.48%+941 bps YoY

Tier 1 Leverage Ratio

10.36%+224 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.43%1.20%0.84%0.28%0.90%-53 bps
Return on Equity17.86%14.64%10.14%3.13%10.11%-775 bps
Net Interest Margin3.20%3.26%3.56%2.44%3.11%-10 bps
Efficiency Ratio66.07%68.81%78.37%91.31%75.48%+941 bps
Non-Interest Burden1.76%1.92%2.57%2.15%2.14%+38 bps
Growth
Asset Growth (YoY)7.32%7.11%4.05%-1.37%13.18%+586 bps
Loan Growth (YoY)-2.76%-3.21%-0.36%-0.96%3.09%+586 bps
Deposit Growth (YoY)7.50%7.73%2.87%-2.48%12.76%+525 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.12%1.64%+164 bps
Net Charge-Offs / Loans0.01%0.01%0.00%0.00%0.00%-1 bps
Allowance / Loans1.09%1.06%1.04%1.07%1.06%-3 bps
Allowance Coverage of NPLsn/an/an/a9.0x0.6xn/a
Capital
Tier 1 Leverage Ratio8.12%9.35%9.60%9.85%10.36%+224 bps
Total Risk-Based Capital34.82%39.50%39.32%40.63%43.40%+858 bps
Equity / Assets8.44%8.73%8.78%9.39%8.69%+25 bps
Liquidity & Funding
Loans / Deposits24.42%24.62%24.87%25.16%22.32%-209 bps
Liquid Assets / Assets48.44%47.14%45.84%44.05%47.60%-84 bps
CRE / Total Capitaln/a95.07%92.75%83.36%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

G.W. Jones Exchange Bank

Marcellus, MI · Cert 999 · Peer group: banks under $1B in assets (n=570-617) · Jones Bcorp Inc.

State charter, Fed member · FED · 4 branches

Q2 2026

$122.8MAssets
$24.8MLoans
$110.9MDeposits
$10.7MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets (rank 160 of 570).
  • Widest gap: nonperforming loans / loans trails 83% of banks under $1B in assets (rank 472 of 570).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

0.84%

Rank 387 of 617

Net Interest Margin

3.11%

Rank 446 of 617

Efficiency Ratio

75.48%

Rank 419 of 617

Equity / Assets

8.69%

Rank 494 of 617

Non-interest income vs. expense

$0.9M$3.3MINCOMEEXPENSE
Unfavorable gap of $2.4M · efficiency ratio beats 32% of banks under $1B in assets
Bank 75.48%Peer median 67.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.84%0.60%1.01%1.45%Beats 37%387 / 617
Return on Equity9.67%5.30%9.43%13.30%Beats 52%299 / 617
Net Interest Margin3.11%3.04%3.54%4.05%Beats 28%446 / 617
Efficiency Ratio75.48%58.03%67.76%79.08%Beats 32%419 / 617
Asset Quality
Nonperforming Loans / Loans1.64%0.09%0.47%1.27%Beats 17%472 / 570
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 100%160 / 570
Capital
Tier 1 Capital Ratio42.43%11.18%13.83%18.55%Beats 90%60 / 617
Total Risk-Based Capital Ratio43.40%11.56%14.39%19.39%Beats 90%60 / 617
Equity / Assets8.69%9.03%10.55%13.63%Beats 20%494 / 617
Liquidity & Funding
Loans / Deposits22.32%64.77%79.70%93.06%3rd pctl565 / 582
Loans / Assets20.17%51.70%67.18%77.51%9th pctl562 / 617
Brokered Deposits / Depositsn/aNot reported for this institution