Farmers State 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 fell 3.9% in Q2 2026 to $9.1M, the biggest move on this page. Within Iowa, Farmers State Bank is 170th of 225 on net interest margin, 3.22% as of Q2 2026, below the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Farmers State Bank sits 0.49 points lower, at 3.22% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.58% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.64% |
| Cost of interest-bearing deposits | 2.90% |
| Cost of interest-bearing liabilities | 2.97% |
| Cost of borrowings | 3.79% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.22% |
| Yield to cost spread | 2.61% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $18.3M |
| Total interest expense | $9.1M |
| Interest expense on deposits | $7.8M |
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 |
|---|---|---|---|
| Q3 2023 | 4.79% | 3.28% | 1.80% |
| Q4 2023 | 4.89% | 3.44% | 1.76% |
| Q1 2024 | 4.94% | 3.62% | 1.61% |
| Q2 2024 | 5.03% | 3.67% | 1.65% |
| Q3 2024 | 5.19% | 3.66% | 1.82% |
| Q4 2024 | 5.29% | 3.34% | 2.23% |
| Q1 2025 | 5.15% | 3.27% | 2.14% |
| Q2 2025 | 5.30% | 3.17% | 2.40% |
| Q3 2025 | 5.45% | 3.09% | 2.64% |
| Q4 2025 | 5.56% | 2.90% | 2.93% |
| Q1 2026 | 5.48% | 2.71% | 3.04% |
| Q2 2026 | 5.58% | 2.64% | 3.22% |
Farmers State 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 State 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 12855) · FFIEC NIC profile (RSSD 840747)