First National 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.
In Q2 2026, Net interest margin edged up by 0.11 percentage points, from 4.06% to 4.17%, the largest move among the key lines here. Within Virginia, First National Bank is 20th of 56 on net interest margin, 4.17% as of Q2 2026, above the middle of the field. First National Bank reported 4.17% on net interest margin for Q2 2026, 0.46 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.19% |
| Yield on loans | 5.97% |
| Yield on securities | 3.18% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.07% |
| Cost of interest-bearing deposits | 1.50% |
| Cost of interest-bearing liabilities | 1.50% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.17% |
| Yield to cost spread | 3.69% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.1M |
| Total interest expense | $2.7M |
| Interest expense on deposits | $2.7M |
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 | 4.50% | 1.05% | 3.48% | 5.22% | 2.54% |
| Q4 2023 | 4.64% | 1.17% | 3.53% | 5.43% | 2.57% |
| Q1 2024 | 4.71% | 1.21% | 3.55% | 5.45% | 2.64% |
| Q2 2024 | 4.96% | 1.29% | 3.73% | 5.60% | 2.69% |
| Q3 2024 | 5.14% | 1.45% | 3.75% | 5.84% | 2.72% |
| Q4 2024 | 5.13% | 1.41% | 3.80% | 5.88% | 2.66% |
| Q1 2025 | 5.03% | 1.24% | 3.86% | 5.73% | 2.71% |
| Q2 2025 | 5.25% | 1.16% | 4.15% | 5.89% | 3.00% |
| Q3 2025 | 5.31% | 1.19% | 4.18% | 5.97% | 3.02% |
| Q4 2025 | 5.27% | 1.17% | 4.15% | 5.98% | 2.94% |
| Q1 2026 | 5.12% | 1.11% | 4.06% | 5.86% | 3.04% |
| Q2 2026 | 5.19% | 1.07% | 4.17% | 5.97% | 3.18% |
First National 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 National 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 National Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 6811) · FFIEC NIC profile (RSSD 979629)