BankFirst Financial Services: 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.
In Q2 2026, Net interest margin edged up by 0.10 percentage points, from 3.95% to 4.05%, the largest move among the key lines here. BankFirst Financial Services ranks 24th of 57 Mississippi banks on net interest margin, in the upper half at 4.05% (Q2 2026). BankFirst Financial Services reported 4.05% on net interest margin for Q2 2026, 0.34 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.65% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.69% |
| Cost of interest-bearing deposits | 2.17% |
| Cost of interest-bearing liabilities | 2.17% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.05% |
| Yield to cost spread | 3.48% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $36.4M |
| Total interest expense | $12.1M |
| Interest expense on deposits | $12.1M |
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 | 4.93% | 1.31% | 3.69% |
| Q4 2023 | 5.10% | 1.55% | 3.63% |
| Q1 2024 | 5.13% | 1.80% | 3.43% |
| Q2 2024 | 5.39% | 1.98% | 3.52% |
| Q3 2024 | 5.41% | 2.02% | 3.51% |
| Q4 2024 | 5.55% | 1.97% | 3.69% |
| Q1 2025 | 5.37% | 1.84% | 3.62% |
| Q2 2025 | 5.54% | 1.88% | 3.76% |
| Q3 2025 | 5.84% | 1.82% | 4.06% |
| Q4 2025 | 5.64% | 1.81% | 3.93% |
| Q1 2026 | 5.55% | 1.69% | 3.95% |
| Q2 2026 | 5.65% | 1.69% | 4.05% |
BankFirst Financial Services yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock BankFirst Financial Services, 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 BankFirst Financial Services profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8870) · FFIEC NIC profile (RSSD 914648)