The Farmers & 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.
Compared with Q1 2026, Total interest expense rose 4.3% in Q2 2026 to $9.3M, the biggest move on this page. The Farmers & Merchants Bank ranks 43rd of 78 Arkansas banks on net interest margin, in the lower half at 4.04% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. The Farmers & Merchants Bank sits 0.33 points higher, at 4.04% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.03% |
| Yield on loans | 6.81% |
| Yield on securities | 3.41% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.10% |
| Cost of interest-bearing deposits | 2.41% |
| Cost of interest-bearing liabilities | 2.45% |
| Cost of borrowings | 3.70% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.04% |
| Yield to cost spread | 3.58% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $24.1M |
| Total interest expense | $9.3M |
| Interest expense on deposits | $8.8M |
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 | 4.73% | 1.39% | 3.15% | 5.83% | 1.69% |
| Q4 2023 | 4.94% | 1.62% | 3.09% | 6.02% | 1.91% |
| Q1 2024 | 4.91% | 1.80% | 2.87% | 6.01% | 1.86% |
| Q2 2024 | 5.27% | 1.91% | 3.06% | 6.38% | 1.78% |
| Q3 2024 | 5.52% | 1.95% | 3.26% | 6.63% | 1.82% |
| Q4 2024 | 5.64% | 1.86% | 3.56% | 6.71% | 1.83% |
| Q1 2025 | 5.54% | 1.87% | 3.54% | 6.62% | 1.82% |
| Q2 2025 | 5.73% | 2.15% | 3.68% | 6.75% | 2.02% |
| Q3 2025 | 5.96% | 2.32% | 3.74% | 6.96% | 2.61% |
| Q4 2025 | 5.98% | 2.21% | 3.88% | 6.83% | 3.07% |
| Q1 2026 | 5.89% | 2.04% | 3.94% | 6.70% | 3.29% |
| Q2 2026 | 6.03% | 2.10% | 4.04% | 6.81% | 3.41% |
The Farmers & 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 The Farmers & 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 The Farmers & Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16216) · FFIEC NIC profile (RSSD 677644)