Bankcherokee: 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 climbed 0.59 percentage points in Q2 2026, from 3.64% to 4.23%. It was the largest change from Q1 2026 among the key lines here. Bankcherokee ranks 85th of 221 Minnesota banks on net interest margin, in the upper half at 4.23% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. Bankcherokee sits 0.29 points higher, at 4.23% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.29% |
| Yield on loans | 6.30% |
| Yield on securities | 2.43% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.15% |
| Cost of interest-bearing deposits | 1.33% |
| Cost of interest-bearing liabilities | 1.58% |
| Cost of borrowings | 4.15% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.23% |
| Yield to cost spread | 3.71% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $4.3M |
| Total interest expense | $1.1M |
| Interest expense on deposits | $804K |
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 | 3.96% | 0.63% | 3.37% | 5.42% | 1.31% |
| Q4 2023 | 4.10% | 0.75% | 3.40% | 5.55% | 1.31% |
| Q1 2024 | 4.06% | 0.93% | 3.20% | 5.47% | 1.36% |
| Q2 2024 | 4.39% | 1.11% | 3.35% | 5.84% | 1.43% |
| Q3 2024 | 4.53% | 1.27% | 3.35% | 6.03% | 1.44% |
| Q4 2024 | 4.64% | 1.07% | 3.66% | 6.04% | 1.47% |
| Q1 2025 | 4.27% | 1.05% | 3.33% | 5.59% | 1.40% |
| Q2 2025 | 4.75% | 1.13% | 3.70% | 5.95% | 1.62% |
| Q3 2025 | 4.85% | 1.21% | 3.73% | 6.11% | 1.72% |
| Q4 2025 | 4.92% | 1.27% | 3.75% | 6.16% | 1.71% |
| Q1 2026 | 4.76% | 1.22% | 3.64% | 5.94% | 1.71% |
| Q2 2026 | 5.29% | 1.15% | 4.23% | 6.30% | 2.43% |
Bankcherokee yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Bankcherokee, 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 Bankcherokee profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8537) · FFIEC NIC profile (RSSD 748254)