The First National Bank of Frederick: 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 Yield on loans, which rose 0.57 percentage points to 5.56%. The First National Bank of Frederick has the 2nd lowest net interest margin of the 56 banks headquartered in South Dakota, at 2.27% as of Q2 2026. The First National Bank of Frederick reported 2.27% on net interest margin for Q2 2026, 1.62 points below the 3.89% median for banks in the < $100M asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 3.63% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.44% |
| Cost of interest-bearing deposits | 1.93% |
| Cost of interest-bearing liabilities | 1.93% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.27% |
| Yield to cost spread | 1.70% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $56K |
| Total interest expense | $90K |
| Interest expense on deposits | $90K |
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 |
|---|---|---|---|
| Q3 2023 | 3.69% | 1.31% | 2.42% |
| Q4 2023 | 4.05% | 1.38% | 2.80% |
| Q1 2024 | 4.03% | 2.19% | 2.23% |
| Q2 2024 | 4.05% | 2.57% | 1.99% |
| Q3 2024 | 4.25% | 2.41% | 2.13% |
| Q4 2024 | 4.07% | 1.74% | 2.47% |
| Q1 2025 | 3.83% | 1.55% | 2.36% |
| Q2 2025 | 3.97% | 1.55% | 2.48% |
| Q3 2025 | 3.88% | 1.75% | 2.24% |
| Q4 2025 | 4.00% | 1.65% | 2.46% |
| Q1 2026 | 3.82% | 1.52% | 2.38% |
| Q2 2026 | 3.63% | 1.44% | 2.27% |
The First National Bank of Frederick yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock The First National Bank of Frederick, 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 The First National Bank of Frederick profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 3985) · FFIEC NIC profile (RSSD 288152)