Banknorth: 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 biggest quarter-over-quarter change on this page was a small one: Yield on securities edged up 0.21 percentage points between Q1 2026 and Q2 2026, to 3.23%. Among 60 North Dakota banks, Banknorth sits 2nd from the top on net interest margin, 4.91% as of Q2 2026. Banknorth reported 4.91% on net interest margin for Q2 2026, 0.96 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.75% |
| Yield on loans | 6.89% |
| Yield on securities | 3.70% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.96% |
| Cost of interest-bearing deposits | 2.43% |
| Cost of interest-bearing liabilities | 2.56% |
| Cost of borrowings | 3.94% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.91% |
| Yield to cost spread | 4.19% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.4M |
| Total interest expense | $2.9M |
| Interest expense on deposits | $2.6M |
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 | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 6.55% | 1.96% | 4.71% | 6.95% | 2.61% |
| Q4 2023 | 6.85% | 2.24% | 4.70% | 7.21% | 2.66% |
| Q1 2024 | 6.92% | 2.15% | 4.86% | 7.23% | 2.80% |
| Q2 2024 | 7.12% | 2.52% | 4.73% | 7.42% | 2.92% |
| Q3 2024 | 7.38% | 2.93% | 4.57% | 7.67% | 2.92% |
| Q4 2024 | 8.54% | 2.85% | 5.82% | 8.58% | 3.85% |
| Q1 2025 | 6.94% | 2.16% | 4.90% | 7.14% | 3.21% |
| Q2 2025 | 7.09% | 2.25% | 4.98% | 7.32% | 3.35% |
| Q3 2025 | 7.06% | 2.37% | 4.85% | 7.30% | 3.23% |
| Q4 2025 | 6.78% | 2.26% | 4.66% | 6.96% | 3.24% |
| Q1 2026 | 6.83% | 1.95% | 5.00% | 6.96% | 3.50% |
| Q2 2026 | 6.75% | 1.96% | 4.91% | 6.89% | 3.70% |
Banknorth yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Banknorth, 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 Banknorth profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8387) · FFIEC NIC profile (RSSD 721350)