How Big Is Peoples State Bank of Wells?
Peoples State Bank of Wells holds $62M in total assets and $53M in deposits, making it a small bank by U.S. standards. By total assets it is the 3,642nd-largest of the 3,960 FDIC-insured banks we track. Those figures come from Peoples State Bank of Wells's latest FDIC call report (cert #8840); it is one of the smallest FDIC-insured institutions, with under $100 million in assets.
This page answers a common banking-safety question: How Big Is Peoples State Bank of Wells?. The answer draws on FDIC Call Report filings, the quarterly disclosure every FDIC-insured bank submits covering capital, assets, loans, deposits, and earnings. Call Report data is one of the most comprehensive bank-level public-records systems in the U.S. financial system. Why this matters for depositors: most U.S. consumer deposits are FDIC-insured up to $250,000 per depositor per insured bank, so bank failure does not directly threaten typical retail deposits within that limit. But the bank-health analysis is still useful for above-limit deposits (small businesses, treasurers, high-net-worth depositors) and for understanding the broader stability of regional banking.
The detailed answer below uses the actual FDIC Call Report numbers, explains how to read them, and translates the regulatory accounting into the depositor-relevant interpretation of the question.
Peoples State Bank of Wells Size at a Glance
- Total assets
- $62M
- Total deposits
- $53M
- Domestic deposits
- $53M
- Size class
- small bank
- Rank by assets
- #3,642 of 3,960
- Headquarters
- Wells, Minnesota
Source: FDIC Call Report data (cert #8840). Figures reflect the latest reported quarter.
With $62M in total assets, Peoples State Bank of Wells is one of the smallest FDIC-insured institutions, with under $100 million in assets. Nationally, that makes it the 3,642nd-largest of the 3,960 FDIC-insured banks we track. The bank funds those assets largely with $53M in customer deposits — a typical structure for a U.S. bank, where deposits are the primary funding source for lending.
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 14.22% | 94/100 |
| Nonperforming Loan Ratio | 0.23% | 95/100 |
| Liquidity Ratio | 30.60% | 100/100 |
| Return on Assets | 1.42% | 77/100 |
| Total Assets | $0.1B | |
How does Peoples State Bank of Wells compare?
With a Bank Health Score of 94/100, Peoples State Bank of Wells sits 24.0 points above the national average of 70/100 for FDIC-insured banks. Within Minnesota, where 225 FDIC-insured banks are headquartered, Peoples State Bank of Wells ranks above the state average of 73/100 (Grade B).
The bank's Tier 1 capital ratio of 14.22% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.23% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, Peoples State Bank of Wells's Bank Health Score fell by 3.0 points to 94/100. Tier 1 capital weakened by 0.90 percentage points to 14.22%.
Frequently Asked Questions
Peoples State Bank of Wells holds $62M in total assets and $53M in deposits, making it a small bank by U.S. standards. By total assets it is the 3,642nd-largest of the 3,960 FDIC-insured banks we track. Those figures come from Peoples State Bank of Wells's latest FDIC call report (cert #8840); it is one of the smallest FDIC-insured institutions, with under $100 million in assets.
Peoples State Bank of Wells ranks 3,642nd by total assets out of the 3,960 FDIC-insured banks BankHealth tracks. Its $62M in assets classify it as a small bank.
Peoples State Bank of Wells reports $62M in total assets and $53M in total deposits ($53M of it domestic). Total assets include loans, securities, and cash the bank owns; deposits are the money customers have placed with the bank. Deposits are typically a bank's largest funding source, and FDIC insurance covers each depositor up to $250,000 per ownership category.
Size and safety are different things. A bank's size (total assets) measures scale, not health — small banks and large banks can each be financially strong or weak. Peoples State Bank of Wells earns a Bank Health Score of 94/100 (grade A) on capital, loan quality, liquidity, and profitability, independent of its $62M asset base. For deposits within the $250,000 FDIC limit, size does not change your insurance protection.
Yes. Peoples State Bank of Wells (FDIC certificate #8840) is FDIC-insured, meaning each depositor is covered up to $250,000 per ownership category if the bank fails. FDIC insurance protects checking, savings, money market, and CD deposits — it does not cover stocks, bonds, mutual funds, or annuities.
More about Peoples State Bank of Wells
Peoples State Bank of Wells holds $62M in total assets and $53M in deposits, making it a small bank by U.S. standards. By total assets it is the 3,642nd-largest of the 3,960 FDIC-insured banks we track. Those figures come from Peoples State Bank of Wells's latest FDIC call report (cert #8840); it is one of the smallest FDIC-insured institutions, with under $100 million in assets.