Bank of the Federated States of Micronesia: 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.
Net interest margin rose 0.17 percentage points from Q1 2026 to Q2 2026, ending at 4.32% against 4.15%. It was the largest change among the key lines on this page. Bank of the Federated States of Micronesia reported 4.32% on net interest margin for Q2 2026, 0.38 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.85% |
| Yield on loans | 9.21% |
| Yield on securities | 3.46% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.60% |
| Cost of interest-bearing deposits | 0.94% |
| Cost of interest-bearing liabilities | 0.94% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.32% |
| Yield to cost spread | 3.91% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.5M |
| Total interest expense | $354K |
| Interest expense on deposits | $354K |
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 | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.82% | 0.33% | 4.52% | 8.89% | 1.63% |
| Q4 2023 | 5.18% | 0.33% | 4.88% | 8.96% | 1.47% |
| Q1 2024 | 5.15% | 0.52% | 4.67% | 9.26% | 1.52% |
| Q2 2024 | 5.34% | 0.73% | 4.67% | 9.00% | 2.23% |
| Q3 2024 | 5.13% | 0.83% | 4.38% | 9.21% | 2.55% |
| Q4 2024 | 5.21% | 0.73% | 4.57% | 9.32% | 2.71% |
| Q1 2025 | 4.78% | 0.62% | 4.23% | 9.19% | 2.88% |
| Q2 2025 | 5.26% | 0.58% | 4.73% | 10.11% | 3.18% |
| Q3 2025 | 4.90% | 0.66% | 4.30% | 9.62% | 3.36% |
| Q4 2025 | 5.13% | 0.55% | 4.64% | 9.92% | 3.44% |
| Q1 2026 | 4.74% | 0.65% | 4.15% | 9.18% | 3.45% |
| Q2 2026 | 4.85% | 0.60% | 4.32% | 9.21% | 3.46% |
Bank of the Federated States of Micronesia 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 of the Federated States of Micronesia, 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 of the Federated States of Micronesia profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 26539) · FFIEC NIC profile (RSSD 718275)