First Federal 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.
Net interest margin rose 0.21 percentage points from Q1 2026 to Q2 2026, ending at 3.46% against 3.25%. It was the largest change among the key lines on this page. Within Tennessee, First Federal Bank is 90th of 109 on net interest margin, 3.46% 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. First Federal Bank sits 0.25 points lower, at 3.46% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.17% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.75% |
| Cost of interest-bearing deposits | 2.23% |
| Cost of interest-bearing liabilities | 2.24% |
| Cost of borrowings | 2.58% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.46% |
| Yield to cost spread | 2.93% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.5M |
| Total interest expense | $4.6M |
| Interest expense on deposits | $4.5M |
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 |
|---|---|---|---|
| Q3 2023 | 4.50% | 1.33% | 3.28% |
| Q4 2023 | 4.72% | 1.51% | 3.30% |
| Q1 2024 | 4.63% | 1.66% | 3.09% |
| Q2 2024 | 5.14% | 1.75% | 3.51% |
| Q3 2024 | 5.14% | 1.82% | 3.44% |
| Q4 2024 | 5.74% | 1.66% | 4.11% |
| Q1 2025 | 4.87% | 1.49% | 3.41% |
| Q2 2025 | 5.04% | 1.50% | 3.62% |
| Q3 2025 | 5.09% | 1.87% | 3.29% |
| Q4 2025 | 5.15% | 1.89% | 3.33% |
| Q1 2026 | 4.97% | 1.79% | 3.25% |
| Q2 2026 | 5.17% | 1.75% | 3.46% |
First Federal 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 Federal 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 Federal Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 29782) · FFIEC NIC profile (RSSD 220974)