First Citizens 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.
The largest change between Q1 2026 and Q2 2026 was in Net interest margin, which rose 0.21 percentage points to 3.58%. First Citizens Bank ranks 131st of 225 Iowa banks on net interest margin, in the lower half at 3.58% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. First Citizens Bank sits 0.13 points lower, at 3.58% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.49% |
| Yield on loans | 6.07% |
| Yield on securities | 3.69% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.12% |
| Cost of interest-bearing deposits | 2.38% |
| Cost of interest-bearing liabilities | 2.38% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.58% |
| Yield to cost spread | 3.11% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $20.3M |
| Total interest expense | $8.5M |
| Interest expense on deposits | $8.5M |
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 | 5.04% | 2.31% | 2.76% | 5.83% | 2.77% |
| Q4 2023 | 5.03% | 2.45% | 2.62% | 5.75% | 2.79% |
| Q1 2024 | 5.05% | 2.71% | 2.57% | 5.82% | 2.56% |
| Q2 2024 | 5.27% | 2.78% | 2.73% | 5.98% | 2.78% |
| Q3 2024 | 5.41% | 2.94% | 2.73% | 6.16% | 2.97% |
| Q4 2024 | 5.51% | 2.73% | 3.02% | 6.24% | 3.17% |
| Q1 2025 | 5.27% | 2.57% | 2.92% | 5.90% | 3.24% |
| Q2 2025 | 5.45% | 2.55% | 3.14% | 6.06% | 3.42% |
| Q3 2025 | 5.48% | 2.53% | 3.18% | 6.09% | 3.55% |
| Q4 2025 | 5.40% | 2.38% | 3.24% | 6.03% | 3.58% |
| Q1 2026 | 5.32% | 2.16% | 3.37% | 5.82% | 3.66% |
| Q2 2026 | 5.49% | 2.12% | 3.58% | 6.07% | 3.69% |
First Citizens 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 Citizens 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 Citizens Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 4433) · FFIEC NIC profile (RSSD 186744)