Citizens National Bank of Cheboygan: 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 0.09 percentage points, from 3.72% to 3.81%, the largest move among the key lines here. Within Michigan, Citizens National Bank of Cheboygan is 49th of 72 on net interest margin, 3.81% 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 National Bank of Cheboygan sits 0.14 points lower, at 3.81% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.30% |
| Yield on loans | 6.22% |
| Yield on securities | 1.63% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.51% |
| Cost of interest-bearing deposits | 0.69% |
| Cost of interest-bearing liabilities | 0.79% |
| Cost of borrowings | 3.71% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.81% |
| Yield to cost spread | 3.51% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $4.1M |
| Total interest expense | $561K |
| Interest expense on deposits | $486K |
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 | 3.42% | 0.49% | 2.91% | 5.38% | 1.60% |
| Q4 2023 | 3.48% | 0.70% | 2.79% | 5.40% | 1.58% |
| Q1 2024 | 3.56% | 0.82% | 2.76% | 5.48% | 1.60% |
| Q2 2024 | 3.79% | 0.91% | 2.91% | 5.82% | 1.60% |
| Q3 2024 | 3.88% | 0.89% | 3.02% | 5.94% | 1.60% |
| Q4 2024 | 4.02% | 0.79% | 3.26% | 6.07% | 1.62% |
| Q1 2025 | 3.93% | 0.69% | 3.26% | 5.98% | 1.60% |
| Q2 2025 | 4.07% | 0.71% | 3.38% | 6.14% | 1.60% |
| Q3 2025 | 4.09% | 0.53% | 3.57% | 6.13% | 1.61% |
| Q4 2025 | 4.23% | 0.49% | 3.76% | 6.23% | 1.62% |
| Q1 2026 | 4.16% | 0.47% | 3.72% | 6.10% | 1.63% |
| Q2 2026 | 4.30% | 0.51% | 3.81% | 6.22% | 1.63% |
Citizens National Bank of Cheboygan 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 National Bank of Cheboygan, 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 National Bank of Cheboygan profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5018) · FFIEC NIC profile (RSSD 773742)