First National Bank, Cortez: 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 0.15 percentage points to 3.90%. Within Colorado, First National Bank, Cortez is 37th of 63 on net interest margin, 3.90% as of Q2 2026, below the middle of the field. At 3.90%, First National Bank, Cortez's net interest margin is close to the 3.95% median for banks in the $100M-1B asset tier (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.71% |
| Yield on loans | 6.89% |
| Yield on securities | 3.06% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.94% |
| Cost of interest-bearing deposits | 2.36% |
| Cost of interest-bearing liabilities | 2.45% |
| Cost of borrowings | 4.80% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.90% |
| Yield to cost spread | 3.26% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.8M |
| Total interest expense | $678K |
| Interest expense on deposits | $630K |
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 | 4.78% | 0.71% | 4.09% | 6.29% | 1.85% |
| Q4 2023 | 5.48% | 1.12% | 4.39% | 7.24% | 2.06% |
| Q1 2024 | 5.26% | 1.57% | 3.71% | 6.68% | 2.09% |
| Q2 2024 | 5.38% | 1.81% | 3.66% | 6.81% | 2.04% |
| Q3 2024 | 5.58% | 1.96% | 3.67% | 7.06% | 2.11% |
| Q4 2024 | 5.56% | 1.99% | 3.68% | 7.06% | 2.13% |
| Q1 2025 | 5.64% | 1.87% | 3.86% | 7.00% | 2.28% |
| Q2 2025 | 5.67% | 1.85% | 3.92% | 7.13% | 2.18% |
| Q3 2025 | 5.77% | 1.91% | 3.94% | 7.21% | 2.51% |
| Q4 2025 | 5.76% | 2.00% | 3.89% | 7.20% | 2.65% |
| Q1 2026 | 5.56% | 1.91% | 3.75% | 6.74% | 2.91% |
| Q2 2026 | 5.71% | 1.94% | 3.90% | 6.89% | 3.06% |
First National Bank, Cortez 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, Cortez, 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, Cortez profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 17872) · FFIEC NIC profile (RSSD 968155)