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Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents, including interest-bearing accounts, 2015, $5,435; 2014, $7,411	$ 9,896	$ 14,373
Certificates of deposit, at cost	9,521	4,181
Federal funds sold	3,000	2,000
Securities available for sale	35,495	34,177
Federal Home Loan Bank stock, at cost	2,036	2,079
Loans held for sale	1,719	1,707
Loans receivable, net of allowance for loan loss of $2,125 in 2015; $2,158 in 2014;	197,336	182,050
Accrued interest receivable	1,252	834
Premises and equipment, net	3,417	3,172
Mortgage servicing rights, net	1,862	1,886
Foreclosed real estate	1,975	3,656
Other assets	1,041	1,711
Total assets	268,550	251,826
Liabilities
Deposits	232,714	221,972
Advances from borrowers for taxes and insurance	3,639	2,630
Accrued interest payable	83	17
Accrued expenses and other liabilities	903	588
Total liabilities	$ 237,339	$ 225,207
Commitments, Contingencies and Credit Risk
Mezzanine Equity
Redeemable common stock held by ESOP, $0.10 par value, shares issued and outstanding, 85,160 at September 30, 2015; 95,602 at December 31, 2014	$ 2,257	$ 2,533
Stockholders' Equity
Preferred stock, no par value; 500,000 shares authorized; none outstanding
Common stock, $0.10 par value; 7,000,000 shares authorized; 2,181,076 shares issued at September 30, 2015;2,091,898 shares issued at December 31, 2014	$ 217	$ 209
Additional paid-in capital	18,119	17,110
Retained earnings, substantially restricted	39,879	35,552
Accumulated other comprehensive income	170	93
Unallocated Employee Stock Ownership Plan shares	(172)
Treasury stock, 2015, 1,459,526 shares; 2014, 1,445,248 shares	(29,259)	(28,878)
Total stockholders' equity	28,954	24,086
Total liabilities, mezzanine equity and stockholders' equity	$ 268,550	$ 251,826

Amount of obligations incurred and payable, pertaining to costs that are statutory in nature, incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include, but not limited to, taxes, interest, rent and utilities. Also includes the aggregate carrying amount of liabilities not separately disclosed.

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WELLS FINANCIAL CORP 10-Q