Peoples State Bank of Wells
Wells, MN
IDRSSD: 192651
Total Assets
$62.13M
Latest filing
Total Deposits
$55.23M
Latest filing
Net Interest Margin
4.15%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091215529WELLS, MN
Key People
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Locations
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Main Office
Peoples State Bank of Wells
98 3rd St Se
Wells, MN 56097
Full Service - Brick and Mortar
Updated 01/30/2026Established 02/29/1924FDIC Certificate 5635
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Peoples State Bank of Wells (Main) | 98 3rd St Se | Wells, MN | ||
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 02/29/1924 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56097 |
| State and County Number | 27043 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 10 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.peoplesstatebankwells.com |
| Data Updated | 01/30/2026 |
| CERT | 8840 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $62.13M |
| Total Deposits | $55.23M |
| Total Liabilities | $55.35M |
| Total Equity Capital | $6.78M |
| Net Income | $209.00k |
| Net Loans and Leases | $40.71M |
| Assets Per Employee ($Millions) | $6.21M |
| Bank Premises and Fixed Assets | $577.00k |
| Cash and Balances due from Depository Institutions | $11.34M |
| Deposits Held in Domestic Offices | $55.23M |
Key Performance Ratios
| Return on Assets (ROA) | 1.39% |
| Return on Equity (ROE) | 12.38% |
| Net Interest Margin | 4.15% |
| Efficiency Ratio | 64.18% |
| Tier 1 Risk-Based Capital Ratio | 14.765% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.905% |
| Earning Assets to total Assets | 94.74% |
Income and Expense
| Total Interest Income | $757.00k |
| Total Noninterest Income | $15.00k |
| Total Interest Expense | $169.00k |
| Total Noninterest Expense | $387.00k |
| Net Interest Income | $588.00k |
| Pre-tax Net Operating Income | $216.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $185.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $126.00k |
| Total Liabilities and Capital | $62.13M |
Securities
| Securities | $7.73M |
| Available-for-sale debt securities | $7.67M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Peoples State Bank of Wells?
$62.13M as of the latest filing.
How much are Peoples State Bank of Wells's total deposits?
$55.23M in total deposits.
Where is Peoples State Bank of Wells located?
Wells, MN.
What is the Net Interest Margin?
4.15%.
How many domestic offices does it operate?
1.
When was it established?
02/29/1924.
What is the Return on Assets (ROA)?
1.39%.
How much are total loans and leases?
$40.71M (latest filing).
What is the total interest income (latest filing)?
$757.00k.