Vitals
  • Total Assets
    264.5M -3.7 %
  • Total Deposits
    236.6M -3.3 %
  • Total Net Loans
    198.4M -0.3 %
  • Net Income
    2.6M -48.7 %
  • Book Value
    27.2M -5.9 %
  • Book Value x2
    54.5M -5.9 %
  • Book Value x3
    81.7M -5.9 %
ROAA

.96

ROAE

9.565

Efficiency Ratio

68.247

Net Interest Margin

3.861

Balance Sheet Highlights
Financial Highlights Wells Federal Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 264,496 147,703
Total Net Loans 198,424 97,223
Total Deposits 236,553 126,600
Total Equity 27,235 15,565
Profitability
Net Income 2,573 1,683
Return on Average Assets .96 1.08
Return on Average Equity 9.565 9.905
Net Interest Margin 3.861 3.845
Efficiency Ratio 68.247 68.21
Noninterest Income/Revenue 26.34 13.68
Balance Sheet Ratios
Loan-to-Deposit 83.881 75.205
Securities/Assets .126 .174
Total Equity/Total Assets .103 .105
Tangible Equity/Tangible Assets .096 .103
Capital Adequacy
Tier 1 Common Capital 27,167 15,225
Tier 1 Capital 27,167 15,232
Tier 2 Capital 2,027 1,135
Total Capital 29,194 16,386
Total Risk Weighted Assets 199,563 105,251
Leverage Ratio 10.28 10.475
Common Equity Tier 1 Capital Ratio 13.61 15.3
Tier 1 Capital Ratio 13.61 15.308
Total Capital Ratio 14.63 16.398

Timeline for Wells Federal Bank

St James Federal Savings And Loan Association

Acquisition: Wells Federal Bank acquired a new subsidiary, St James Federal Savings And Loan Association, 8 years

View Profile Jul 17 2015

Wells Insurance Agency, Inc.

Wells Insurance Agency, Inc. became a new subsidiary organization for Wells Federal Bank.

View Profile May 04 2015

Wells Financial Corp.

Wells Financial Corp. became a new parent organization for Wells Federal Bank.

View Profile Apr 11 1995

Wells Federal Bank

Wells Federal Bank was established 89 years ago and is currently headquartered in Wells, MN.

Sep 01 1934
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
St James Federal Savings And Loan Association Seller 25,786 Acquisition Discontinued 7/17/2015
Relationships Role Relationship Start Relationship End
Wells Financial Corp. Parent 7/21/2011
Wells Financial Corp. Parent 4/11/1995 7/20/2011
Wells Insurance Agency, Inc. Subsidary 5/4/2015
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