# PEOPLES STATE BANK OF WELLS
WELLS, MN · FDIC certificate 8840 · asset band <$300M · latest filing 2026-03 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $59.9M | |
| Deposits | $54.4M | |
| Loans and leases | $39.1M | |
| Total equity | $5.3M | |
| Loans / deposits | 70.98% (p49 of band) | 72.28% |
| Liquid assets / assets | 32.32% (p47 of band) | |
| Uninsured deposits / deposits | 10.23% (p15 of band) | 19.31% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p24 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.61% (p8 of band) | 11.62% |
| Unrealized securities loss / equity | -14.66% (p32 of band) | -7.15% |
| AOCI / equity | -1.08% (p29 of band) | |
| ROA (annualized) | 0.50% (p19 of band) | 1.12% |
| Net interest margin | 3.93% (p53 of band) | 3.86% |
| Efficiency ratio | 85.45% (p83 of band) | |
| Noncurrent loans | 0.35% (p50 of band) | 0.34% |
| Net charge-offs (annualized) | 0.00% (p44 of band) | |
| Reserve coverage of noncurrent | 382.48% | |
| Real estate % of loans | 59% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $333,000 (0.85% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.2% | |
| Employees | 10 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

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

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

- 2026-01-04 [Public notices for the Week of January 4, 2026 - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxNM2c5VC1KSzVGWXhpNy1FWmZkaTlNT1UzVDJoLTdjM1VSNEJVN1JDWURRVTBTV25wcFF2RGJINEQtaVI3S0ltTGl1U1BSS1I2eWo2TXp6cHlwU1RwUXp2WmZxYWxDRk5QVl9jVEVUQmJxX3dYREVFS1FCcFJTaHViQ2NYVkNvVXpUM1cwV0RTeHVHZTg1TkJ0VjZmaGt0M0lLdWVtTGh5VWdpbFVLRnp6S0FR?oc=5) · faribaultcountyregister.com
- 2025-03-02 [Public notices for the week of March 2, 2025 - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxQZHRjQkdTOHRmRlNMeDJxUGFmSTFJdFBYamdaZ3pjeDhyc1dlbDR4WlBOMnVURmRiakRKSWFEdThUZXNJem82TWFHZFFuNFFsLUlFWl9Qa2lDV2JDdXFtVVQ5dE92UWhhSWpYLXFiVjgwVURtX1pHWkU0MDNpRXZ3Sm1wYWM3NHJPSWFhSW42UkdkajBhUHhtSTc2RE9qUURONVBvcVktdHZtdmpQRGJN?oc=5) · faribaultcountyregister.com
- 2026-02-01 [Wells Council discusses bonding options - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPMUM1Mk15aWh3Q1ZnODdvTlhlWTJLeDRSWFJYLW1oQlQ1eXg0M1g3SXJ4eWs1R3g0TTJaVXdsanRlME9xajdUaTVzSkdMdjdiVFNhWi1JbERLcTVyMTZzWElIMzB3VU5lLU5jUjQ2UDBjU24yTExCNVRfVVlsWDFUNTVzaEtqeDRwdEpuN3dqMEJYNnR2VlZiRG1YUGFxZWZzeXR1MEsyTV81dUk?oc=5) · faribaultcountyregister.com
- 2025-02-02 [Public notices for the week of February 2, 2025 - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxOcU5HMWsxaFRpN0xuaWRWcGxNMXZwUlZTeUZSbnhFdkhmZWNMWHZSdUpwYnpGVGUzdnRfajdFdmpCaDhvZkdyLU5oZ203ZDlmb2hNakptcmdjcFRCMTdhRHlDUGRyeVBJM3g4eHphNjdhT0piOWl2UXhNdjllNmliTlF0V1RFNDE1bWE0TFA3bXZ3bk4weEU4amhQN3VRbmJFMERSZUJSUlNlbFpxb0hmUTMwSQ?oc=5) · faribaultcountyregister.com
- 2025-02-09 [Public notices for the week of February 9, 2024 | News, Sports, Jobs - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxNcEV2Qndmc1NwNnBKR0dzb01XTHQzNjlXN3ZpZUU2NlNRMUpJNkJYbFByeGxVVjhKYUd2anFkM0wzcEt4RFJObzRwMGs2WWNkdWpUaDZFZ0xsZktjZmdHYnZhQ3hYNmYxenUzOWF4ZV83WWJIMTJSSDVWYnZldndsbFM4U1p5cW01dU9aOENCSWZNUWtMSzhNNGMtOEs3Y19DSkJ0U1ptbjFwY0F6TnN0QWpySQ?oc=5) · faribaultcountyregister.com
- 2025-07-06 [Public Notices for the week of July 6, 2025 | News, Sports, Jobs - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxOdmMwWm9ZN0RXdENveTAyMFpPMVJNSGRCd1c3NGhuNV9YRHhCdVUzV3oyWDZtQmJtdllTX2xKZU5SODFuWkhrMDNJYVM2bmVfbVl4MjFmSXdZM1gyWlJUSU5LOUpJamZCTjhTc25oTk1wQW5zenNEWU1lT1VZTWlSVVZsZFJmUFVOUnNaTEFWMlFDRkhjY280Und2YnJYZXhKemdCS1RSMHZhWXNsN2c?oc=5) · faribaultcountyregister.com
- 2025-07-20 [Public Notices for the week of July 20, 2025 - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxPT1BEUU5iVG81QVhvMWVHMDlpY2xscWhReWxyclM2SUpqeHlfS2lWcEI5VnhJYWpSSVNLd0xYcUpBZHFHSWxVNjZPVHJLRlhIcEROQ09pT25QWjJEOXh1X1hFS2xaVEJtUTNsRzRTd3Q5d00wV2g1OG92UHU4bVFiWmRseFR5OHJxdktuLVlRQjZWRkFSQTdLYjFVcDQ0UktXOUFIRkdvVE90UUd0RFpJ?oc=5) · faribaultcountyregister.com
- 2025-07-13 [Public notices for the week of July 13, 2025 - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxQQ0Y5dll4WjlIXzFNMDcwV3FwRE15UUh0dzlOYmp1NGdIamtZX0ltVUtoSEZwZ3FWQkI4QmJLTlZVTVhpVTc4cVNLaWNGWmNxSWVZMGVGRHlHRU1PdFEtRE9oSHZtQVRHQk50M08zQWtJZGUybW80cjZsWVprS1hoVkhHMUtyUk9JQ2ZQQzRLekRQb1diWEdVTFF2bTF1aTdBM0RDeDdRY2xaY0ZOejFj?oc=5) · faribaultcountyregister.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8840 (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/8.json (key "8840", 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