First National Bank Minnesota: 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 Total interest expense, which fell 6.8% to $1.3M. First National Bank Minnesota ranks 85th of 221 Minnesota banks on net interest margin, in the upper half at 4.23% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First National Bank Minnesota sits 0.28 points higher, at 4.23% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.49% |
| Yield on loans | 6.17% |
| Yield on securities | 2.56% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.34% |
| Cost of interest-bearing deposits | 1.53% |
| Cost of interest-bearing liabilities | 1.67% |
| Cost of borrowings | 3.93% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.23% |
| Yield to cost spread | 3.82% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.1M |
| Total interest expense | $1.3M |
| Interest expense on deposits | $1.1M |
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 | 4.85% | 1.40% | 3.51% | 5.54% | 1.85% |
| Q4 2023 | 4.96% | 1.54% | 3.47% | 5.65% | 1.89% |
| Q1 2024 | 4.95% | 1.64% | 3.37% | 5.67% | 2.12% |
| Q2 2024 | 5.13% | 1.75% | 3.44% | 5.85% | 2.19% |
| Q3 2024 | 5.10% | 1.84% | 3.33% | 5.81% | 2.22% |
| Q4 2024 | 5.16% | 1.76% | 3.48% | 5.84% | 2.26% |
| Q1 2025 | 5.07% | 1.46% | 3.67% | 5.76% | 2.17% |
| Q2 2025 | 5.31% | 1.50% | 3.88% | 5.99% | 2.53% |
| Q3 2025 | 5.33% | 1.61% | 3.80% | 6.09% | 2.43% |
| Q4 2025 | 5.37% | 1.53% | 3.91% | 6.08% | 2.47% |
| Q1 2026 | 5.33% | 1.40% | 4.00% | 6.01% | 2.52% |
| Q2 2026 | 5.49% | 1.34% | 4.23% | 6.17% | 2.56% |
First National Bank Minnesota 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 Minnesota, 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 Minnesota profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5247) · FFIEC NIC profile (RSSD 197759)