Farmers State Bank of Canton: 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 largest change between Q1 2026 and Q2 2026 was in Net interest margin, which rose 0.35 percentage points to 3.35%. Farmers State Bank of Canton ranks 43rd of 56 South Dakota banks on net interest margin, in the lower half at 3.35% (Q2 2026). Farmers State Bank of Canton reported 3.35% on net interest margin for Q2 2026, 0.54 points below the 3.89% median for banks in the < $100M asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.26% |
| Yield on loans | 6.00% |
| Yield on securities | 4.39% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.12% |
| Cost of interest-bearing deposits | 2.19% |
| Cost of interest-bearing liabilities | 2.29% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.35% |
| Yield to cost spread | 2.97% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $648K |
| Total interest expense | $361K |
| Interest expense on deposits | $318K |
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 | 4.32% | 1.05% | 3.29% | 5.00% | 2.48% |
| Q4 2023 | 3.90% | 1.04% | 2.89% | 4.33% | 2.67% |
| Q1 2024 | 5.20% | 1.41% | 3.78% | 6.18% | 2.53% |
| Q2 2024 | 4.66% | 2.07% | 2.69% | 5.36% | 2.52% |
| Q3 2024 | 4.90% | 2.13% | 2.91% | 5.84% | 2.26% |
| Q4 2024 | 4.76% | 2.55% | 2.63% | 5.57% | 3.12% |
| Q1 2025 | 4.68% | 2.53% | 2.39% | 5.47% | 3.48% |
| Q2 2025 | 4.91% | 2.16% | 2.90% | 5.64% | 3.97% |
| Q3 2025 | 5.14% | 2.29% | 3.08% | 5.94% | 4.13% |
| Q4 2025 | 5.16% | 2.55% | 2.89% | 5.91% | 4.27% |
| Q1 2026 | 5.04% | 2.14% | 3.00% | 5.76% | 4.22% |
| Q2 2026 | 5.26% | 2.12% | 3.35% | 6.00% | 4.39% |
Farmers State Bank of Canton 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 of Canton, 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 of Canton profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 11133) · FFIEC NIC profile (RSSD 91950)