Cherokee State Bank: 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 0.20 percentage points from Q1 2026 to Q2 2026, ending at 3.07% against 2.87%. It was the largest change among the key lines on this page. Cherokee State Bank ranks 185th of 225 Iowa banks on net interest margin, in the lower half at 3.07% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Cherokee State Bank sits 0.88 points lower, at 3.07% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.13% |
| Yield on loans | 6.40% |
| Yield on securities | 2.33% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.08% |
| Cost of interest-bearing deposits | 2.33% |
| Cost of interest-bearing liabilities | 2.50% |
| Cost of borrowings | 1.99% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.07% |
| Yield to cost spread | 2.63% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.9M |
| Total interest expense | $1.4M |
| Interest expense on deposits | $1.2M |
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 | 4.38% | 1.95% | 2.58% | 5.57% | 2.42% |
| Q4 2023 | 4.53% | 2.11% | 2.59% | 5.73% | 2.38% |
| Q1 2024 | 4.71% | 2.22% | 2.68% | 5.90% | 2.40% |
| Q2 2024 | 4.80% | 2.60% | 2.44% | 6.02% | 2.38% |
| Q3 2024 | 4.89% | 2.49% | 2.46% | 6.15% | 2.38% |
| Q4 2024 | 4.85% | 2.34% | 2.55% | 6.07% | 2.36% |
| Q1 2025 | 4.78% | 2.32% | 2.49% | 5.99% | 2.34% |
| Q2 2025 | 4.95% | 2.34% | 2.66% | 6.19% | 2.34% |
| Q3 2025 | 4.98% | 2.27% | 2.72% | 6.27% | 2.33% |
| Q4 2025 | 4.99% | 2.17% | 2.83% | 6.26% | 2.32% |
| Q1 2026 | 5.02% | 2.13% | 2.87% | 6.24% | 2.34% |
| Q2 2026 | 5.13% | 2.08% | 3.07% | 6.40% | 2.33% |
Cherokee State Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Cherokee State Bank, 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 Cherokee State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 951) · FFIEC NIC profile (RSSD 205542)