The First National Bank of Hereford: 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, Total interest expense edged down by 2.2%, from $1.5M to $1.5M, the largest move among the key lines here. The First National Bank of Hereford ranks 48th of 345 Texas banks on net interest margin, in the upper half at 5.00% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. The First National Bank of Hereford sits 1.05 points higher, at 5.00% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.80% |
| Yield on loans | 7.17% |
| Yield on securities | 2.82% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.93% |
| Cost of interest-bearing deposits | 2.71% |
| Cost of interest-bearing liabilities | 2.69% |
| Cost of borrowings | 4.88% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.00% |
| Yield to cost spread | 4.11% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.2M |
| Total interest expense | $1.5M |
| Interest expense on deposits | $1.5M |
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 | 6.80% | 2.02% | 4.84% | 7.38% | 2.82% |
| Q4 2023 | 6.99% | 2.13% | 4.91% | 7.56% | 2.81% |
| Q1 2024 | 7.09% | 2.31% | 4.77% | 7.63% | 2.82% |
| Q2 2024 | 7.32% | 2.26% | 5.04% | 7.87% | 2.86% |
| Q3 2024 | 7.21% | 2.37% | 4.89% | 7.76% | 2.80% |
| Q4 2024 | 7.37% | 2.36% | 5.04% | 7.91% | 2.83% |
| Q1 2025 | 7.03% | 2.06% | 4.96% | 7.47% | 2.81% |
| Q2 2025 | 7.22% | 2.17% | 5.09% | 7.64% | 2.86% |
| Q3 2025 | 7.21% | 2.26% | 5.06% | 7.71% | 2.80% |
| Q4 2025 | 6.89% | 2.12% | 4.82% | 7.50% | 2.80% |
| Q1 2026 | 6.90% | 1.87% | 5.03% | 7.31% | 2.77% |
| Q2 2026 | 6.80% | 1.93% | 5.00% | 7.17% | 2.82% |
The First National Bank of Hereford 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 Hereford, 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 Hereford profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 34918) · FFIEC NIC profile (RSSD 2759629)