First Horizon 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 rose 5.2% from Q1 2026 to Q2 2026, ending at $344.3M against $327.4M. It was the largest change among the key lines on this page. Within Tennessee, First Horizon Bank is 88th of 109 on net interest margin, 3.50% as of Q2 2026, below the middle of the field. The median for banks in the $10B-100B asset tier is 3.60% on net interest margin; First Horizon Bank reported 3.50% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.24% |
| Yield on loans | 5.65% |
| Yield on securities | 2.84% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.64% |
| Cost of interest-bearing deposits | 2.31% |
| Cost of interest-bearing liabilities | 2.48% |
| Cost of borrowings | 4.20% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.50% |
| Yield to cost spread | 2.76% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $900.8M |
| Total interest expense | $344.3M |
| Interest expense on deposits | $296.1M |
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 | 5.59% | 2.17% | 3.20% | 6.17% | 2.25% |
| Q4 2023 | 5.66% | 2.19% | 3.28% | 6.25% | 2.29% |
| Q1 2024 | 5.65% | 2.14% | 3.35% | 6.26% | 2.32% |
| Q2 2024 | 5.71% | 2.22% | 3.34% | 6.31% | 2.29% |
| Q3 2024 | 5.79% | 2.33% | 3.29% | 6.41% | 2.27% |
| Q4 2024 | 5.57% | 2.09% | 3.34% | 6.12% | 2.44% |
| Q1 2025 | 5.35% | 1.84% | 3.39% | 5.83% | 2.74% |
| Q2 2025 | 5.44% | 1.89% | 3.42% | 5.91% | 2.80% |
| Q3 2025 | 5.61% | 1.90% | 3.58% | 6.10% | 2.85% |
| Q4 2025 | 5.41% | 1.76% | 3.54% | 5.87% | 2.86% |
| Q1 2026 | 5.18% | 1.58% | 3.51% | 5.62% | 2.84% |
| Q2 2026 | 5.24% | 1.64% | 3.50% | 5.65% | 2.84% |
First Horizon 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 Horizon 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 Horizon Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 4977) · FFIEC NIC profile (RSSD 485559)