Commerce 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.
The biggest quarter-over-quarter change on this page was a small one: Total interest expense edged down 2.5% between Q1 2026 and Q2 2026, to $1.4M. On net interest margin, Commerce Bank is 9th from the bottom among 221 Minnesota banks, 2.89% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. Commerce Bank sits 1.05 points lower, at 2.89% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.40% |
| Yield on loans | 5.95% |
| Yield on securities | 1.94% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.93% |
| Cost of interest-bearing deposits | 2.99% |
| Cost of interest-bearing liabilities | 3.15% |
| Cost of borrowings | 4.07% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.89% |
| Yield to cost spread | 2.25% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.8M |
| Total interest expense | $1.4M |
| Interest expense on deposits | $1.1M |
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 | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.94% | 2.45% | 2.80% | 5.44% | 1.75% |
| Q4 2023 | 5.04% | 2.74% | 2.64% | 5.58% | 1.75% |
| Q1 2024 | 4.94% | 2.76% | 2.53% | 5.46% | 1.75% |
| Q2 2024 | 5.10% | 2.81% | 2.63% | 5.60% | 1.81% |
| Q3 2024 | 5.23% | 2.97% | 2.62% | 5.75% | 1.81% |
| Q4 2024 | 5.37% | 2.97% | 2.76% | 5.92% | 1.82% |
| Q1 2025 | 5.13% | 2.93% | 2.56% | 5.65% | 1.83% |
| Q2 2025 | 5.34% | 3.00% | 2.70% | 5.90% | 1.84% |
| Q3 2025 | 5.32% | 3.08% | 2.62% | 5.90% | 1.85% |
| Q4 2025 | 5.61% | 3.08% | 2.93% | 6.20% | 1.85% |
| Q1 2026 | 5.38% | 2.91% | 2.87% | 5.89% | 1.95% |
| Q2 2026 | 5.40% | 2.93% | 2.89% | 5.95% | 1.94% |
Commerce 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 Commerce 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 Commerce Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10212) · FFIEC NIC profile (RSSD 49054)