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Peoples State Bank of Wells

Peoples State Bank of Wells
RSSD ID 192651 | CERTIFICATE 8840 | ABA NUMBER 91215529
98 3rd St Se Quarter Ended : 2026-03-31
Wells, Minnesota, 56097 Updated : 2026-04-29

Institution Profile
Year Opened : 1924 Institution Type : Commercial bank
Entity Type : State Federal Regulator : FDIC
Member Federal Reserve : No S-Corp : Yes
Fiduciary Powers : No Powers Exercised : No
Filing Type : 051
Specialization : Agricultural Specialization
Number of Employees : 10
Related Company Filings Regulator
 PEOPLES EQUITY CORP FED

Financial Reports
RC - Balance Sheet Report
RI - Income Statement Report
:· All Financial Reports ...

Financial Fast Facts
Balance Sheet
(USD, in thousands)

Income Statement
(USD, in thousands, ytd)
Total Assets59,907
Total Interest Income744
Total Liabilities54,560
Total NonInterest Income26
Total Bank Equity Capital5,347
Total Interest Expense172
Total Deposits54,353
Total NonInterest Expense511
Net Loans & Leases38,581
Net Income76
Loan Loss Allowance524
Net Charge Offs0



Regulatory Capital
Quarterly Averages
(USD, in thousands)
Total capital5,761
Total loans39,918
Total assets for the leverage ratio60,791
Loans secured by real estate:23,639
Tier 1 Leverage Ratio8.61
Commercial and industrial loans1,476
Tier 1 Capital Ratio12.08
Loans to individuals - Credit Cards0
Total Capital Ratio13.28
Loans to individuals - Other439





 

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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury