Farmers and Mechanics Federal Savings 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 standout move of Q2 2026 was in Cost of borrowings: 2.00 percentage points higher than in Q1 2026, at 3.60%. On net interest margin, Farmers and Mechanics Federal Savings Bank is 7th from the bottom among 87 Indiana banks, 2.78% (Q2 2026). Farmers and Mechanics Federal Savings Bank reported 2.78% on net interest margin for Q2 2026, 1.17 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.49% |
| Yield on loans | 5.72% |
| Yield on securities | 2.73% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.54% |
| Cost of interest-bearing deposits | 1.92% |
| Cost of interest-bearing liabilities | 1.95% |
| Cost of borrowings | 3.60% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.78% |
| Yield to cost spread | 2.54% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $928K |
| Total interest expense | $484K |
| Interest expense on deposits | $466K |
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 | 4.28% | 2.20% | 2.22% | 5.19% | 2.95% |
| Q4 2023 | 5.18% | 2.40% | 2.95% | 6.76% | 3.52% |
| Q1 2024 | 4.11% | 2.51% | 1.76% | 4.96% | 3.06% |
| Q2 2024 | 4.49% | 2.44% | 2.13% | 5.24% | 3.45% |
| Q3 2024 | 4.48% | 2.43% | 1.99% | 5.34% | 3.32% |
| Q4 2024 | 3.93% | 2.06% | 1.74% | 5.09% | 2.23% |
| Q1 2025 | 4.27% | 1.72% | 2.37% | 5.30% | 2.95% |
| Q2 2025 | 4.41% | 1.66% | 2.63% | 5.41% | 2.89% |
| Q3 2025 | 4.66% | 1.57% | 2.93% | 5.68% | 2.99% |
| Q4 2025 | 4.52% | 2.17% | 2.65% | 5.61% | 2.73% |
| Q1 2026 | 4.56% | 1.87% | 2.77% | 5.67% | 2.85% |
| Q2 2026 | 4.49% | 1.54% | 2.78% | 5.72% | 2.73% |
Farmers and Mechanics Federal Savings 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 Farmers and Mechanics Federal Savings 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 Farmers and Mechanics Federal Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 28478) · FFIEC NIC profile (RSSD 412872)