Citizens Independent 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 0.14 percentage points from Q1 2026 to Q2 2026, ending at 3.96% against 3.82%. It was the largest change among the key lines on this page. Within Minnesota, Citizens Independent Bank is 115th of 221 on net interest margin, 3.96% as of Q2 2026, below the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin; Citizens Independent Bank reported 3.96% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.99% |
| Yield on loans | 6.23% |
| Yield on securities | 2.33% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.15% |
| Cost of interest-bearing deposits | 1.14% |
| Cost of interest-bearing liabilities | 1.26% |
| Cost of borrowings | 4.03% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.96% |
| Yield to cost spread | 3.73% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.2M |
| Total interest expense | $799K |
| Interest expense on deposits | $703K |
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 | 4.25% | 1.11% | 3.25% | 5.37% | 2.33% |
| Q4 2023 | 4.37% | 1.13% | 3.35% | 5.52% | 2.34% |
| Q1 2024 | 4.29% | 1.20% | 3.21% | 5.36% | 2.34% |
| Q2 2024 | 4.50% | 1.32% | 3.31% | 5.64% | 2.33% |
| Q3 2024 | 4.61% | 1.40% | 3.36% | 5.81% | 2.33% |
| Q4 2024 | 4.69% | 1.43% | 3.41% | 5.93% | 2.32% |
| Q1 2025 | 4.64% | 1.25% | 3.53% | 5.81% | 2.32% |
| Q2 2025 | 4.65% | 1.27% | 3.52% | 5.87% | 2.19% |
| Q3 2025 | 4.87% | 1.33% | 3.70% | 6.08% | 2.46% |
| Q4 2025 | 4.69% | 1.24% | 3.60% | 5.91% | 2.32% |
| Q1 2026 | 4.84% | 1.16% | 3.82% | 6.13% | 2.32% |
| Q2 2026 | 4.99% | 1.15% | 3.96% | 6.23% | 2.33% |
Citizens Independent 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 Citizens Independent 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 Citizens Independent Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16863) · FFIEC NIC profile (RSSD 825753)