I hold a work visa and got married Sep 2020. Filing under Married, filing jointly. Should the value of all foreign accounts be specific to each of us, just me, or both?

I hold an H1B work visa, and got married Sep 2020. My spouse and I have the same home country. While my wife who works and lives in the foreign country, has foreign accounts in this country totaling a sum greater than $10,000, together we do not have such a sum, and I do not have any such accounts individually. Would we still need to file the FBAR report?