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Peoples State Bank of Wells
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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 |
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| Specialization : |
Agricultural Specialization |
| Number of Employees : |
10 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 59,907 |
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Total Interest Income | 744 |
| Total Liabilities | 54,560 |
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Total NonInterest Income | 26 |
| Total Bank Equity Capital | 5,347 |
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Total Interest Expense | 172 |
| Total Deposits | 54,353 |
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Total NonInterest Expense | 511 |
| Net Loans & Leases | 38,581 |
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Net Income | 76 |
| Loan Loss Allowance | 524 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 5,761 |
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Total loans | 39,918 |
| Total assets for the leverage ratio | 60,791 |
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Loans secured by real estate: | 23,639 |
| Tier 1 Leverage Ratio | 8.61 |
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Commercial and industrial loans | 1,476 |
| Tier 1 Capital Ratio | 12.08 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.28 |
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Loans to individuals - Other | 439 |
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