Farmers & Merchants Bank & Trust: 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, Cost of borrowings rose 0.39 percentage points in Q2 2026 to 4.72%, the biggest move on this page. Farmers & Merchants Bank & Trust ranks 37th of 153 Wisconsin banks on net interest margin, in the upper half at 4.20% (Q2 2026). Farmers & Merchants Bank & Trust reported 4.20% on net interest margin for Q2 2026, 0.25 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.54% |
| Yield on loans | 6.84% |
| Yield on securities | 2.49% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.50% |
| Cost of interest-bearing deposits | 1.55% |
| Cost of interest-bearing liabilities | 1.79% |
| Cost of borrowings | 4.72% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.20% |
| Yield to cost spread | 3.75% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.1M |
| Total interest expense | $586K |
| Interest expense on deposits | $471K |
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 | 4.23% | 1.26% | 3.10% | 5.50% | 1.65% |
| Q4 2023 | 4.43% | 1.38% | 3.18% | 5.69% | 1.67% |
| Q1 2024 | 4.48% | 1.53% | 3.10% | 5.77% | 1.68% |
| Q2 2024 | 4.65% | 1.63% | 3.19% | 5.94% | 1.67% |
| Q3 2024 | 4.72% | 1.68% | 3.21% | 6.03% | 1.67% |
| Q4 2024 | 4.95% | 1.65% | 3.47% | 6.24% | 1.96% |
| Q1 2025 | 4.92% | 1.67% | 3.42% | 6.20% | 2.15% |
| Q2 2025 | 5.16% | 1.68% | 3.67% | 6.47% | 2.18% |
| Q3 2025 | 5.26% | 1.65% | 3.79% | 6.64% | 2.27% |
| Q4 2025 | 5.38% | 1.58% | 3.97% | 6.70% | 2.47% |
| Q1 2026 | 5.48% | 1.48% | 4.16% | 6.82% | 2.41% |
| Q2 2026 | 5.54% | 1.50% | 4.20% | 6.84% | 2.49% |
Farmers & Merchants Bank & Trust 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 & Merchants Bank & Trust, 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 & Merchants Bank & Trust profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10382) · FFIEC NIC profile (RSSD 672247)