Farmers and Merchants 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: 1.70 percentage points lower than in Q1 2026, at 3.70%. On net interest margin, Farmers and Merchants Bank is 1st from the bottom among 138 Nebraska banks, 2.17% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Farmers and Merchants Bank sits 1.54 points lower, at 2.17% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.30% |
| Yield on loans | 5.50% |
| Yield on securities | 3.98% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.34% |
| Cost of interest-bearing deposits | 2.42% |
| Cost of interest-bearing liabilities | 2.50% |
| Cost of borrowings | 3.70% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.17% |
| Yield to cost spread | 1.80% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.2M |
| Total interest expense | $5.4M |
| Interest expense on deposits | $5.0M |
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 | 4.54% | 2.32% | 2.46% | 5.47% | 4.18% |
| Q4 2023 | 4.64% | 2.27% | 2.62% | 5.65% | 4.23% |
| Q1 2024 | 4.60% | 2.38% | 2.42% | 5.62% | 4.20% |
| Q2 2024 | 4.77% | 2.70% | 2.34% | 5.62% | 4.41% |
| Q3 2024 | 4.68% | 2.84% | 2.10% | 5.64% | 4.29% |
| Q4 2024 | 4.73% | 2.57% | 2.38% | 5.88% | 4.26% |
| Q1 2025 | 4.49% | 2.47% | 2.30% | 5.65% | 4.12% |
| Q2 2025 | 4.54% | 2.53% | 2.24% | 5.58% | 4.23% |
| Q3 2025 | 4.51% | 2.62% | 2.14% | 5.68% | 4.16% |
| Q4 2025 | 4.54% | 2.35% | 2.41% | 5.65% | 4.20% |
| Q1 2026 | 4.32% | 2.28% | 2.19% | 5.41% | 4.03% |
| Q2 2026 | 4.30% | 2.34% | 2.17% | 5.50% | 3.98% |
Farmers and Merchants 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 Merchants 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 Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16810) · FFIEC NIC profile (RSSD 455552)