PEOPLES STATE BANK OF WELLS
WELLS, MINNESOTA · FDIC Cert #8840
Capital & Safety Analysis
According to FDIC financial data, PEOPLES STATE BANK OF WELLS holds a Tier 1 capital ratio of 14.22%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PEOPLES STATE BANK OF WELLS has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PEOPLES STATE BANK OF WELLS shows strong financial health indicators. With $62M in assets and a Health Score of 94/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
PEOPLES STATE BANK OF WELLS has a Bank Health Score of A (94/100). It holds a Tier 1 capital ratio of 14.22%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
PEOPLES STATE BANK OF WELLS holds $62M in total assets and $53M in total deposits. It is located in WELLS, MINNESOTA (FDIC Certificate #8840).
PEOPLES STATE BANK OF WELLS has a Tier 1 capital ratio of 14.22%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.23%, and the return on assets is 1.42%.
Yes. PEOPLES STATE BANK OF WELLS is FDIC-insured (Certificate #8840). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.