First 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.
Total interest expense climbed 12.6% in Q2 2026, from $1.7M to $1.9M. It was the largest change from Q1 2026 among the key lines here. Within Mississippi, First Bank is 26th of 57 on net interest margin, 3.96% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.94% on net interest margin; First Bank reported 3.96% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.34% |
| Yield on loans | 6.29% |
| Yield on securities | 2.99% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.52% |
| Cost of interest-bearing deposits | 2.03% |
| Cost of interest-bearing liabilities | 2.03% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.96% |
| Yield to cost spread | 3.31% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.9M |
| Total interest expense | $1.9M |
| Interest expense on deposits | $1.9M |
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 | 4.74% | 0.99% | 3.80% | 5.82% | 2.42% |
| Q4 2023 | 5.08% | 1.55% | 4.02% | 6.22% | 2.51% |
| Q1 2024 | 5.05% | 2.18% | 3.56% | 6.13% | 2.27% |
| Q2 2024 | 5.26% | 2.30% | 3.67% | 6.09% | 2.76% |
| Q3 2024 | 5.51% | 1.84% | 3.82% | 6.39% | 2.64% |
| Q4 2024 | 5.42% | 1.79% | 3.79% | 6.35% | 2.69% |
| Q1 2025 | 5.28% | 1.67% | 3.75% | 6.22% | 2.73% |
| Q2 2025 | 5.35% | 1.66% | 3.84% | 6.30% | 2.86% |
| Q3 2025 | 5.68% | 1.66% | 4.17% | 6.41% | 2.99% |
| Q4 2025 | 5.54% | 1.57% | 4.11% | 6.43% | 3.06% |
| Q1 2026 | 5.32% | 1.44% | 4.02% | 6.26% | 2.96% |
| Q2 2026 | 5.34% | 1.52% | 3.96% | 6.29% | 2.99% |
First 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 First 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 First Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5907) · FFIEC NIC profile (RSSD 875936)