Peoples State Bank of Wells, Financial Information

About Peoples State Bank of Wells

 Address:
98 3rd Street Se
Wells, MN
Faribault County, Minnesota
 Established:
Feb 1924
 Number of domestic offices:
1
Agriculture bank
Total assets$60M
Net income$1M
Net income, quarterly$0M
Total deposits$54M
Domestic deposits$54M
Equity capital$7M
ROA1.43%
ROAQ, quarterly1.07%
ROA, pretax1.07%
ROAQ, quarterly, pretax1.07%
ROE12.2%
ROEQ, quarterly9.19%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Peoples State Bank of Wells offers Checking Services, Saving Services, IRA Services, Certificate of Deposit Services, Loan Services and Other Services. The bank understands that farming today requires you to be resourceful and practical at the same time. Peoples State Bank of Wells have the tools to help you start your business or help you keep your existing business competitive.

Lobby
Monday - Thursday: 8:30am - 3:30pm
Friday: 8:30am - 6:00pm
Drive - Up
Monday - Thursday: 8:00am - 4:00pm
Friday: 8:00am - 6:00pm