Farmers and Merchants State Bank of Appleton: 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: Net interest margin edged down 0.07 percentage points between Q1 2026 and Q2 2026, to 4.93%. Among 221 Minnesota banks, Farmers and Merchants State Bank of Appleton sits 20th from the top on net interest margin, 4.93% as of Q2 2026. Farmers and Merchants State Bank of Appleton reported 4.93% on net interest margin for Q2 2026, 1.04 points above the 3.89% median for banks in the < $100M asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.17% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.36% |
| Cost of interest-bearing deposits | 2.03% |
| Cost of interest-bearing liabilities | 2.10% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.93% |
| Yield to cost spread | 4.07% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $824K |
| Total interest expense | $182K |
| Interest expense on deposits | $176K |
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 |
|---|---|---|---|
| Q3 2023 | 5.01% | 0.81% | 4.24% |
| Q4 2023 | 5.35% | 1.40% | 4.02% |
| Q1 2024 | 5.41% | 1.84% | 3.69% |
| Q2 2024 | 6.00% | 1.82% | 4.28% |
| Q3 2024 | 6.00% | 1.82% | 4.31% |
| Q4 2024 | 6.23% | 1.59% | 4.78% |
| Q1 2025 | 6.29% | 1.43% | 4.96% |
| Q2 2025 | 6.52% | 1.51% | 5.13% |
| Q3 2025 | 6.51% | 1.52% | 5.12% |
| Q4 2025 | 6.55% | 1.47% | 5.19% |
| Q1 2026 | 6.24% | 1.37% | 5.00% |
| Q2 2026 | 6.17% | 1.36% | 4.93% |
Farmers and Merchants State Bank of Appleton 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 State Bank of Appleton, 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 State Bank of Appleton profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8845) · FFIEC NIC profile (RSSD 269759)