Farmers and Miners 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.
Compared with Q1 2026, Yield on securities rose 0.25 percentage points in Q2 2026 to 3.91%, the biggest move on this page. Among 56 Virginia banks, Farmers and Miners Bank sits 3rd from the top on net interest margin, 4.85% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Farmers and Miners Bank sits 0.90 points higher, at 4.85% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.78% |
| Yield on loans | 7.49% |
| Yield on securities | 3.91% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.06% |
| Cost of interest-bearing deposits | 1.70% |
| Cost of interest-bearing liabilities | 1.70% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.85% |
| Yield to cost spread | 4.08% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.8M |
| Total interest expense | $438K |
| Interest expense on deposits | $438K |
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 | 5.29% | 0.72% | 4.65% | 6.81% | 2.73% |
| Q4 2023 | 5.63% | 0.88% | 4.83% | 7.01% | 2.88% |
| Q1 2024 | 5.68% | 1.01% | 4.78% | 7.14% | 2.95% |
| Q2 2024 | 5.77% | 1.11% | 4.78% | 7.08% | 3.11% |
| Q3 2024 | 6.18% | 1.15% | 5.11% | 7.84% | 2.97% |
| Q4 2024 | 5.94% | 1.20% | 4.88% | 7.31% | 3.08% |
| Q1 2025 | 5.73% | 1.11% | 4.75% | 7.26% | 3.06% |
| Q2 2025 | 5.91% | 1.12% | 4.92% | 7.53% | 3.01% |
| Q3 2025 | 5.89% | 1.09% | 4.93% | 7.52% | 3.17% |
| Q4 2025 | 5.94% | 1.07% | 5.00% | 7.53% | 3.43% |
| Q1 2026 | 5.71% | 1.03% | 4.80% | 7.33% | 3.66% |
| Q2 2026 | 5.78% | 1.06% | 4.85% | 7.49% | 3.91% |
Farmers and Miners 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 Miners 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 Miners Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 22888) · FFIEC NIC profile (RSSD 658924)