Bank Forward: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
The largest change between Q1 2026 and Q2 2026 was in Net interest margin, which rose 0.20 percentage points to 3.67%. Bank Forward ranks 41st of 60 North Dakota banks on net interest margin, in the lower half at 3.67% (Q2 2026). At 3.67%, Bank Forward's net interest margin is close to the 3.71% median for banks in the $1B-10B asset tier (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.60% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.32% |
| Cost of interest-bearing deposits | 2.47% |
| Cost of interest-bearing liabilities | 2.60% |
| Cost of borrowings | 4.10% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.67% |
| Yield to cost spread | 3.00% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $13.3M |
| Total interest expense | $5.3M |
| Interest expense on deposits | $4.6M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin |
|---|---|---|---|
| Q3 2023 | 5.27% | 2.09% | 3.41% |
| Q4 2023 | 5.48% | 2.35% | 3.39% |
| Q1 2024 | 5.38% | 2.49% | 3.17% |
| Q2 2024 | 5.61% | 2.68% | 3.24% |
| Q3 2024 | 5.88% | 2.84% | 3.37% |
| Q4 2024 | 5.74% | 2.64% | 3.40% |
| Q1 2025 | 5.49% | 2.32% | 3.40% |
| Q2 2025 | 5.82% | 2.31% | 3.78% |
| Q3 2025 | 5.83% | 2.38% | 3.79% |
| Q4 2025 | 5.76% | 2.39% | 3.71% |
| Q1 2026 | 5.45% | 2.38% | 3.47% |
| Q2 2026 | 5.60% | 2.32% | 3.67% |
Bank Forward yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Bank Forward, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Bank Forward profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8941) · FFIEC NIC profile (RSSD 812557)