# WELLS FEDERAL BANK
WELLS, MN · FDIC certificate 29141 · asset band <$300M · latest filing 2017-06 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $266.5M | |
| Deposits | $239.9M | |
| Loans and leases | $198.9M | |
| Total equity | $25.6M | |
| Loans / deposits | 82.10% (p62 of band) | 75.51% |
| Liquid assets / assets | 22.07% (p30 of band) | |
| Uninsured deposits / deposits | 10.03% (p28 of band) | 14.70% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.61% (p27 of band) | 10.91% |
| Unrealized securities loss / equity | 0.21% (p54 of band) | 0.10% |
| AOCI / equity | 0.41% (p36 of band) | |
| ROA (annualized) | 1.06% (p63 of band) | 0.87% |
| Net interest margin | 3.89% (p64 of band) | 3.67% |
| Efficiency ratio | 67.09% (p39 of band) | |
| Noncurrent loans | 0.83% (p58 of band) | 0.61% |
| Net charge-offs (annualized) | -0.05% (p8 of band) | |
| Reserve coverage of noncurrent | 119.06% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 27.12% (p64 of band) | |
| Auto loans | $1.9M (0.96% of loans; DQ 2.30%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.4% | |
| Employees | 80 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 | uninsured deposits leaving | reserve under noncurrent |
| 2012-06 | 2 | capital falling, reserve under noncurrent | uninsured deposits leaving |
| 2012-09 | 2 | charge-offs p90 | capital falling |
| 2012-12 | 2 |  |  |
| 2013-03 | 1 |  | charge-offs p90 |
| 2013-06 | 1 |  |  |
| 2013-09 | 0 |  | reserve under noncurrent |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 1 | reserve under noncurrent |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | reserve under noncurrent |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | reserve under noncurrent |  |
| 2017-06 | 0 |  | reserve under noncurrent |

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

- 2016-03-08 [District of Minnesota - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMia0FVX3lxTE52Z253OFFIcUVZWHNZOExoRGcyX0hfaG8waWVEbmdfRmJ2aHhtYjM0SkI4em9FZW1PVldFUkUwamhLQlYwbFpMUWJ1V1Z6a2VOQTFQS3NqYTRWMGlhNFFlWWZXOTgwQXdkM0tB?oc=5) · Department of Justice (.gov)
- 2017-07-22 [A growing number are Banking on Mankato - Mankato Free Press](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNN1lfQ1dWV2ItQnNfNnYzZ1dURzFZN3JITUUzelZBdnhpMWVhSlMxMHVScDAyemdYaVI1RGcwVVQwTWw1TkVkMFEyc3ptQVdodTgxdllHRXFLSGZRcnNiM0FmZTczVXJMZDBWR2d0TGU1Q2tWN2U0b0gwMWhpWjRhQk01WjhvdjlicDJ6dGpxY3lkb2VrRFlVaElMU0Z6WnJVMWpLUmdYdDFmRWxWaS13VzJwVUN2cUgxMGtaUFItUmRGUE82Tmc1WWRiamJnTVlja1BJTw?oc=5) · Mankato Free Press
- 2016-08-14 [Public Notices for 8/15/16 - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxQLTRFYW9Oc0V1V3RmT2hCaVM3VDFxZjQ1b25Qbk9BZ21oSDdnVlFweFNqbWdOOExwR2dkV21ocV9telJINy1tbjNLQ3hjcXRYREV5Q050QWhkaUpwY1Vsek5IZnV1QjBHR1E4RjhlY25jLUM3VUxoekVMRmM1emJFUm4xVDY2SXFSM1pwd2VpOXFQSTRNRUo5QQ?oc=5) · faribaultcountyregister.com
- 2024-03-05 [Randall Wayne Sternberg Obituary Mar 5, 2024 - Bonnerup Funeral & Cremation Services](https://news.google.com/rss/articles/CBMidkFVX3lxTFA3eFAtdmRtaTFvWnRqWU1VYnJidzAzMWV5TWJ4azc2Wk1ETTlHVGlDT3ZyTE05U2tPN2xpdW1NRWNRTHFfYUw0a0lmSDdaN0NQVlB0cUNUMTFJRzNVSThfQXhnazVnV2NkLWRHNnk3QnVhQjQ0T2c?oc=5) · Bonnerup Funeral &amp; Cremation Services
- 2013-05-07 [Mark Wetsch Admits to 30 ‘Man in Black’ Robberies, Including in Hopkins - Patch](https://news.google.com/rss/articles/CBMioAFBVV95cUxQWEcxSU4xcWlOZUs4Ul9hbHZyemUtQXJFVXBhRWVXUi1xZjZCUkdTX2lvaGJjZlY4M2gwY2oySmxuTkNRXzJQcC1DZEV6RVYySlZpSUgxd2phUHJLaGE3aWQ4Z2o2cEZQSkFXbm5iRDRlYm1QbFRab2wyX3VESGV3bGtsdW9RdmNXQkZGdkYzeG5LNWJfNmdVTmRCdVBmaDdp?oc=5) · Patch
- 2024-02-04 [Wells welcomes a new city administrator - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNbWFqSWRnS0xCM1h3RXBUOUtPeWdjWU5ldWNoeF9lWFRDczNtNDZwSkhZeXVfdUxjNjV4Njg1THJqWloza2xwNlhSTlB6R210YzBaQW11TGNtNWoyZWNxcjdQSnp4TkRWeXpkbUl6MldBNjVrLXRnRXo4YWtkc0phb1R0T3BmYVh6T2tsaEpPRzBoYXJLbTUybVpVR1RZbnJvM0xzVGN0ZGJyaW8?oc=5) · faribaultcountyregister.com
- 2014-09-02 [St. Peter detective credited for figuring out robber's escape route - Mankato Free Press](https://news.google.com/rss/articles/CBMi9wFBVV95cUxQWjRKUFZKaWlpMUEtZGdaN1JPM2ZBREpfTExPLUpxdkpleDJPYzVBNmpYeXE2SHRDVXp2NUxlUWwxTURwWWxkMHdtWDdQMTFKcGdUZ3hSRTFJTldlWTFnMVJwRlNPRXVJTDFPemIwTm1MVWQyblBTS1lmam9yd3ZyTG1XaW1EWkdPeFlLZW9pU1BEVzZqOWlodGZSYnp0bS1JczJzY2FvcHN0NUMwa19mdHZaZU9CaWM1d1k5ajFFWEFCdFFHYjBtcWY1d2gzZ1JZOHNnNmxlQmF1ZkwxZXRET0pvcGhBSXZvUVFXRVNzLW1rci1vcVBN?oc=5) · Mankato Free Press
- 2013-05-07 ['Man in Black' Serial Bank Robber Pleads Guilty to Multiple Holdups - Patch](https://news.google.com/rss/articles/CBMipgFBVV95cUxOMXJtVWNSc0ZNTEpRQ2liYTRXT2dqNHRsb3hfcnMxeWVYaFpHYW5qZTFGQUFBRFgtXzRNbFJaT1hSWWpIcEU2QkJCODViUTMxVXFYSzVNUFJrZDllLXNJeUF2M3dIZWRyNXRRZHVsS3F3dzBPMVppUlllOFFfQU9tc3BWU1lYeV9rT2hVM3YtU1RFdURRSUI5YlMtSndneWJTWHJ3TzVn?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29141 (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/21.json (key "29141", 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