First National Bank North: 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.
Compared with Q1 2026, Net interest margin rose 0.19 percentage points in Q2 2026 to 4.72%, the biggest move on this page. Within Minnesota, First National Bank North is 28th of 221 on net interest margin, 4.72% as of Q2 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First National Bank North sits 0.77 points higher, at 4.72% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.55% |
| Yield on loans | 7.56% |
| Yield on securities | 2.25% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.98% |
| Cost of interest-bearing deposits | 2.41% |
| Cost of interest-bearing liabilities | 2.41% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.72% |
| Yield to cost spread | 4.14% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.5M |
| Total interest expense | $3.7M |
| Interest expense on deposits | $3.7M |
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 | 5.66% | 1.29% | 4.37% | 6.56% | 1.91% |
| Q4 2023 | 5.82% | 1.64% | 4.25% | 6.75% | 1.91% |
| Q1 2024 | 5.92% | 1.88% | 4.18% | 6.86% | 1.91% |
| Q2 2024 | 6.08% | 1.93% | 4.31% | 7.12% | 1.91% |
| Q3 2024 | 6.18% | 1.94% | 4.43% | 7.26% | 1.90% |
| Q4 2024 | 6.54% | 2.00% | 4.71% | 7.75% | 1.99% |
| Q1 2025 | 6.18% | 1.97% | 4.37% | 7.30% | 2.10% |
| Q2 2025 | 6.53% | 1.98% | 4.71% | 7.58% | 2.13% |
| Q3 2025 | 6.41% | 1.94% | 4.65% | 7.60% | 2.13% |
| Q4 2025 | 6.48% | 1.97% | 4.69% | 7.58% | 2.15% |
| Q1 2026 | 6.35% | 1.97% | 4.53% | 7.50% | 2.20% |
| Q2 2026 | 6.55% | 1.98% | 4.72% | 7.56% | 2.25% |
First National Bank North 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 North, 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 North profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5269) · FFIEC NIC profile (RSSD 805755)