Peoples Savings Bank (Wellsburg, IA)
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Data as of · sourced from FFIEC call reports. How we update
Peoples Savings Bank is an FDIC-insured commercial bank headquartered in Wellsburg, IA, established in 1934 (FDIC certificate 14868), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $189.1M, down 0.6% from Q2 2025, the 149th largest of 225 banks headquartered in Iowa. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.89% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 14868
- Headquarters
- Wellsburg, IA
- Established
- 1934
- Total assets, Q2 2026
- $189.1M
- Assets vs Q2 2025
- -0.6%
- Tier 1 leverage ratio, Q2 2026
- 9.89%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 073920531
- Latest call report
- Q2 2026, FFIEC 051 · Peoples Savings Bank call report
- Holding company
- PSB CORPORATION
- Asset rank in state
- 149th of 225 in Iowa
Problem loans are rising at Peoples Savings Bank. Its balance sheet stood at $189 million at June 30, 2026; it is based in Wellsburg, Iowa. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.19% of loans from 0.46% a year earlier. It pays an average of 2.82% on its deposits and borrowings, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 1.80%). It also lost 3.5% of its deposits over the year, lower than about 9 in 10 banks its size (median 4.0%).
Earnings jumped: net income for the quarter was $378,000, 44% above the same quarter a year earlier. Paper losses on its bond portfolio are shrinking: unrealized losses of $2.8 million equal 15% of Tier 1 capital, down from 22% a year earlier. Credit is the area to watch: it carries problem assets equal to 9.5% of the capital and reserves that would absorb them, 3.6 times the median of 2.6% for banks its size.
As of June 30, 2026, Peoples Savings Bank reported a return on assets of 0.80%, a nonperforming-loan ratio of 1.19% and a Texas ratio of 9.52%. The figures come from its call report filed with the FFIEC.
Peoples Savings Bank ranks as the 149th largest of the 225 banks based in Iowa, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 3.0% to $189.1M, loans rose 3.2% and deposits fell 2.7%. The largest part of its loan book on June 30, 2026 was agricultural production loans, at 23.7% of total loans, ahead of 1-4 family residential loans at 23.3%. Its 3 offices in the FDIC Summary of Deposits are in Wellsburg, IA, Dike, IA and Ackley, IA; its Wellsburg office books 67% of its branch deposits. Judged on its Q2 2026 call report, Peoples Savings Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 414 N Adams St, Wellsburg, IA 50680
- County
- Grundy
- Metro Area
- Waterloo-Cedar Falls, IA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Trust powers grandfathered
- Call Report form
- FFIEC 051
- Established
- January 1, 1934
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 30
- Domestic deposits
- $142.0M
- Allowance for credit losses
- $1.5M
- Net charge-offs (YTD)
- -$21K
- Average total assets
- $188.8M
- Average total loans
- $139.3M
- Average interest-bearing deposits
- $136.7M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- October 1, 1934
- FDIC Cert
- 14868
- Fed RSSD
- 136048
- Website
- www.bankpsb.com →
- Parent Holding Company
- PSB CORPORATION (RSSD 1210468)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Peoples Savings Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Peoples Savings Bank's total assets moved between a low of $160.7M (Q3 2023) and a high of $190.3M (Q4 2025) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$189.1M total assets against $190.2M; $172.6M total liabilities against $175.6M.
$142.2M net loans and leases against $145.8M; $142.0M total deposits against $147.1M.
$35.2M securities against $34.7M; $2.2M cash and balances due against $1.8M.
$2.7M total interest income against $2.7M; $1.2M total interest expense against $1.3M.
$1.5M net interest income against $1.4M.
$310K total noninterest income against $297K; $1.3M total noninterest expense against $1.2M.
$25K provision for credit losses against $35K.
$378K net income against $262K.
0.80% return on assets against 0.55%; 3.38% net interest margin against 2.96%.
9.89% tier 1 leverage ratio against 9.15%.
Inside the full Peoples Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Peoples Savings Bank rankings
Its closest position to the top of a national ranking is 684 of 3,640, for Texas Ratio; its furthest is 2,923 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.55% (Q2 2025) to 0.82% (Q3 2025) and its net interest margin ran from 2.82% (Q4 2024) to 3.38% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.89% | 0.80% | 1.19% | 9.52% | 3.38% |
| Q1 2026 | 9.63% | 0.80% | 0.22% | 1.73% | 3.18% |
| Q4 2025 | 9.30% | 0.77% | 0.68% | 5.50% | 2.94% |
| Q3 2025 | 9.18% | 0.82% | 0.50% | 4.32% | 3.10% |
| Q2 2025 | 9.15% | 0.55% | 0.46% | 4.28% | 2.96% |
| Q1 2025 | 9.20% | 0.62% | 0.38% | 3.47% | 2.91% |
| Q4 2024 | 9.48% | 0.68% | 0.40% | 3.59% | 2.82% |
| Q3 2024 | 9.50% | 0.58% | 0.50% | 4.20% | 2.85% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Peoples Savings Bank (main office) | Wellsburg , IA | 50680 | $95.2M |
| Dike Branch | Dike , IA | 50624 | $35.5M |
| Cleves Branch | Ackley , IA | 50601 | $11.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in IA, rank 172 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $25K approved, $25K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2016 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Peoples Savings Bank
What are Peoples Savings Bank's total assets?
As of the Q2 2026 filing, Peoples Savings Bank reported total assets of $189.1 million in its FFIEC call report.
Where is Peoples Savings Bank headquartered?
It is headquartered in Wellsburg, IA, United States.
When was Peoples Savings Bank founded?
It was established in 1934, per the FDIC institution directory.
Is Peoples Savings Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14868). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Peoples Savings Bank?
Peoples Savings Bank's primary federal regulator is the FDIC.
How many branches does Peoples Savings Bank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Peoples Savings Bank's Texas Ratio?
Its Texas Ratio is 9.52% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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