# PEOPLES SAVINGS BANK
WELLSBURG, IA · FDIC certificate 14868 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $189.1M | |
| Deposits | $142.0M | |
| Loans and leases | $143.6M | |
| Total equity | $16.5M | |
| Loans / deposits | 100.14% (p92 of band) | 73.59% |
| Liquid assets / assets | 19.77% (p21 of band) | |
| Uninsured deposits / deposits | 22.23% (p59 of band) | 19.81% |
| Brokered deposits | 1.06% | |
| Wholesale funding | 16.38% (p92 of band) | |
| FHLB advances / assets | 13.22% | |
| Tier 1 leverage | 9.89% (p23 of band) | 11.76% |
| Unrealized securities loss / equity | -17.60% (p26 of band) | -6.57% |
| AOCI / equity | -0.54% (p43 of band) | |
| ROA (annualized) | 0.81% (p31 of band) | 1.17% |
| Net interest margin | 3.30% (p22 of band) | 3.93% |
| Efficiency ratio | 73.15% (p67 of band) | |
| Noncurrent loans | 1.19% (p74 of band) | 0.36% |
| Net charge-offs (annualized) | -0.02% (p7 of band) | |
| Reserve coverage of noncurrent | 86.28% | |
| Real estate % of loans | 56% | |
| Construction % of loans | 7.77% (p35 of band) | |
| Auto loans | $3.5M (2.44% of loans; DQ 1.94%, NCO -0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -3.5% | |
| Employees | 30 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 5 | wholesale funding >15%, leverage <7%, losing money, charge-offs p90 |  |
| 2011-09 | 5 |  |  |
| 2011-12 | 0 |  | reserve under noncurrent, wholesale funding >15%, leverage <7%, losing money, charge-offs p90 |
| 2012-03 | 1 | reserve under noncurrent |  |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | wholesale funding >15% |  |
| 2013-03 | 0 |  | wholesale funding >15% |
| 2013-06 | 3 | wholesale funding >15%, AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2013-09 | 2 |  | wholesale funding >15% |
| 2013-12 | 2 |  |  |
| 2014-03 | 1 |  | AOCI drag >20% of equity |
| 2014-06 | 1 | reserve under noncurrent | securities losses >30% of equity |
| 2014-09 | 3 | wholesale funding >15%, deposits shrinking |  |
| 2014-12 | 1 |  | wholesale funding >15%, deposits shrinking |
| 2015-03 | 2 | capital falling |  |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 2 | noncurrent p90 |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 3 | losing money |  |
| 2016-06 | 3 | charge-offs p90, assets shrinking | reserve under noncurrent, noncurrent p90 |
| 2016-09 | 4 | deposits shrinking, uninsured deposits leaving | losing money |
| 2016-12 | 3 |  | uninsured deposits leaving |
| 2017-03 | 1 |  | charge-offs p90, assets shrinking |
| 2017-06 | 2 | capital falling, charge-offs p90 | deposits shrinking |
| 2017-09 | 1 | wholesale funding >15% | capital falling, charge-offs p90 |
| 2017-12 | 0 |  | wholesale funding >15% |
| 2018-03 | 4 | capital falling, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2018-06 | 4 |  |  |
| 2018-09 | 5 | losing money |  |
| 2018-12 | 4 |  | capital falling |
| 2019-03 | 3 |  | losing money |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 2 |  | charge-offs p90 |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 | capital falling | noncurrent p90 |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 | charge-offs p90 | capital falling |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 | capital falling | charge-offs p90 |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | noncurrent p90, charge-offs p90 | capital falling |
| 2022-06 | 5 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 6 | brokered >10%, wholesale funding >15% | charge-offs p90 |
| 2022-12 | 6 |  |  |
| 2023-03 | 4 | capital falling | reserve under noncurrent, noncurrent p90, AOCI drag >20% of equity |
| 2023-06 | 3 |  | brokered >10% |
| 2023-09 | 3 | reserve under noncurrent | capital falling |
| 2023-12 | 2 | brokered >10% | securities losses >30% of equity, reserve under noncurrent |
| 2024-03 | 4 | capital falling, securities losses >30% of equity, uninsured deposits leaving | brokered >10% |
| 2024-06 | 3 |  | capital falling |
| 2024-09 | 3 | loans exceed deposits | securities losses >30% of equity |
| 2024-12 | 2 |  | loans exceed deposits |
| 2025-03 | 2 | capital falling | uninsured deposits leaving |
| 2025-06 | 2 |  |  |
| 2025-09 | 1 |  | capital falling |
| 2025-12 | 1 |  |  |
| 2026-03 | 0 |  | wholesale funding >15% |
| 2026-06 | 3 | loans exceed deposits, wholesale funding >15%, reserve under noncurrent |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-01-23 [Peoples Savings Bank commits $30K to Reinbeck Public Library’s remodel project - Sun Courier](https://news.google.com/rss/articles/CBMizAFBVV95cUxPNEdMMl9jT3lyME1peDNXS1pKX0dOV0g1WkROVF9YTnRuVXc0ZG84UGxTSzlHMTN2UW9femczOThuZkVwc1p6TmhlOVRyeE8xVU53MlF2akJuN3R5Yk41TXlfcVkxSTFCOW9LdEZhSEVVZXBBMC1meXdQdHVaOVNVcHRQX1VKVTl4YURZWUY5YUpOdTRSWnFrRGtEMzExa29zS0dXaC03b0g1N01JNjRKWHI5Xy1kLWJlVU1OX1RaNThIT291bFpLSFdxVnU?oc=5) · Sun Courier
- 2026-06-23 [Suit seeks $33 million loan repayment from former 515 Walnut developer - The Des Moines Register](https://news.google.com/rss/articles/CBMiygFBVV95cUxQcWZsdURRTzNBaHdlb0hqUENPZWhoUzU0LXhkeXpFV05RbnBSWXJkc3AwdGQ5akNqT3MxcTV4X2JnMUZCeFRDTU1NaGJMTEVQalY1NE1xdWdfa0NERThRV2R5aWZiMnhIV1Z4UGloNXpUMmx5Z09TS2tuelpHVmpKS3NXYWZkM3pUZzRReGdyM3VTUDNXdkwybjdvUExxMTYwYU5vMUVLbVh6YVVqcG5IYkdaRVp6TlJ2VWZ4akNRYmhZQUVDdXIwNExn?oc=5) · The Des Moines Register
- 2025-09-26 [Peoples Savings Bank set to expand into Reinbeck - Sun Courier](https://news.google.com/rss/articles/CBMipwFBVV95cUxPTEpfN1U1ZW5XVDBFTW9ncG5zMkVZTDgxMkJMQXNjdXpxWjQyTl9lNmktajQ5Z2QyUnlVUkdCLTNqV1BzeTNEaVVGR0RscHVKODVkeWtUNnY5N1NMcGdHcndiOHk2QTVQWk10Ty10MjJjbW5kdG1DNWR3dTByWkRld3NIWWcyTDk0VTNkZHRUZUlIUTNfdHpfcHNyWXNjYy1maXdrcTlQRQ?oc=5) · Sun Courier
- 2026-08-03 [Bank claiming title of ‘fastest growing’ opens Boise branch - BoiseDev](https://news.google.com/rss/articles/CBMimwFBVV95cUxQUS0td1ZiWmhfTEI1SDIzT0FIbk43ek9PbUNULTFhYVdjVlNIeTdFSmd5b3I3SW1zVktSUzlfcG5qX0VGb2tVX19lVUdRV2VNUTRObHduM2hqd25qbXhRVWVNT1FWYVpGaWJhODRPQmQ4cHZKdnZpMnQyQVBRV0kwMEN2Y3ZqTHZVblhKTG56WHFSb3A4elZ5bU11WQ?oc=5) · BoiseDev
- 2026-08-26 [Former investors to pay $33.1 million in 515 Walnut deal - KCCI](https://news.google.com/rss/articles/CBMihAFBVV95cUxQOXVpNF9uT0hHWUl4emtHZmJKdURydUlod1lPM3NLNzgwTFI1UEV6V3gwYmVyMnVRdmc4b1VNMllwdU13Um8zeGhYNWdza1I3YkZGOWFYMUxGU3RrRXRvRlRDaDJDOVhLM080bVQ2ajlZUnZlb19BSFlrTkxfWDFOMVFiWmM?oc=5) · KCCI
- 2025-10-30 [William Robert Bernau Obituary Oct 30, 2025 - Jones & Eden Funeral Home](https://news.google.com/rss/articles/CBMiXkFVX3lxTE5mSVEwalo5UFd4Q05JUDZFZkJVdTZWY1NTZDZGdmVSN3ctbzRNSHdRLVUwRENYOC14cXAxTlpRNVlSdWFNTnJjV0FRU01qZUp2VVVkc3FJd2ZaOFh1dnc?oc=5) · Jones &amp; Eden Funeral Home
- 2019-05-10 [Sutherland, Elma banks to merge July 1 - The N'West Iowa REVIEW](https://news.google.com/rss/articles/CBMiugFBVV95cUxQX0hJUUgxbUp1TDNJM2J1SnQxZWtkQVdoSkpFYnNfWTNkZGE4TUxFV2phWmtmMUZqUzJZNmh2SlBLaE9fVmNZbGFFOGwwZDBidkNPQVNvYmhteVdnTkZqVXlpWjJZTkV3WDI0dVFNQkFOVUwxWktXTDN0ZklHUUx5UkVFT1JONUJoT1FDaVFFRmdiSV9Oa2ktbzNsTEl4VE1mRmRQVUJmT214VXU1MWw0X3FqZm03OGJiV1E?oc=5) · The N'West Iowa REVIEW
- 2021-09-22 [Google Pay growth continues to explode, with dozens upon dozens of new banks signing on - androidpolice.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRjVBSkRYUnhSaHFFUTJvZGt2X0R0RnZtcWp6MUUtQjR3R3RXNmc1Umo4Q3NaV0VKVVpsYTRCSVkzb0dfdmhWS05ZWnpQYWh6d3gzc0VVVzBCYXM0MnBCbG9kekdMdnBfZk9selhhTkhDV2pCMGxUNXVlNG5wMmpodURVQWxjanVxT0VhYQ?oc=5) · androidpolice.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14868 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/20.json (key "14868", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide