First Bank Elk River: 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 0.22 percentage points to 3.47%. Within Minnesota, First Bank Elk River is 176th of 221 on net interest margin, 3.47% as of Q2 2026. First Bank Elk River reported 3.47% on net interest margin for Q2 2026, 0.47 points below the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.87% |
| Yield on loans | 5.53% |
| Yield on securities | 2.42% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.50% |
| Cost of interest-bearing deposits | 1.91% |
| Cost of interest-bearing liabilities | 1.97% |
| Cost of borrowings | 2.49% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.47% |
| Yield to cost spread | 2.90% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.7M |
| Total interest expense | $1.2M |
| Interest expense on deposits | $911K |
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 | 4.01% | 1.04% | 3.01% | 4.61% | 2.41% |
| Q4 2023 | 3.88% | 1.10% | 2.86% | 4.39% | 2.47% |
| Q1 2024 | 4.09% | 1.46% | 2.71% | 4.67% | 2.48% |
| Q2 2024 | 4.27% | 1.58% | 2.77% | 4.87% | 2.47% |
| Q3 2024 | 4.42% | 1.66% | 2.84% | 5.08% | 2.42% |
| Q4 2024 | 4.28% | 1.54% | 2.80% | 4.86% | 2.45% |
| Q1 2025 | 4.39% | 1.56% | 2.86% | 4.99% | 2.44% |
| Q2 2025 | 4.67% | 1.72% | 3.01% | 5.34% | 2.41% |
| Q3 2025 | 4.82% | 1.66% | 3.22% | 5.52% | 2.42% |
| Q4 2025 | 4.60% | 1.56% | 3.12% | 5.22% | 2.41% |
| Q1 2026 | 4.70% | 1.56% | 3.25% | 5.35% | 2.37% |
| Q2 2026 | 4.87% | 1.50% | 3.47% | 5.53% | 2.42% |
First Bank Elk River 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 Elk River, 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 Elk River profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5136) · FFIEC NIC profile (RSSD 970055)