The First National Bank of Mertzon: 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 0.32 percentage points to 3.39%. Within Texas, The First National Bank of Mertzon is 273rd of 345 on net interest margin, 3.39% as of Q2 2026, below the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. The First National Bank of Mertzon sits 0.56 points lower, at 3.39% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 3.93% |
| Yield on loans | 6.41% |
| Yield on securities | 3.18% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.62% |
| Cost of interest-bearing deposits | 0.90% |
| Cost of interest-bearing liabilities | 0.90% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.39% |
| Yield to cost spread | 3.03% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.3M |
| Total interest expense | $662K |
| Interest expense on deposits | $662K |
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 | 3.72% | 0.37% | 3.38% | 5.69% | 2.39% |
| Q4 2023 | 3.96% | 0.44% | 3.57% | 5.89% | 2.55% |
| Q1 2024 | 3.80% | 0.50% | 3.34% | 6.01% | 2.55% |
| Q2 2024 | 4.16% | 0.51% | 3.70% | 6.03% | 2.57% |
| Q3 2024 | 3.93% | 0.50% | 3.48% | 5.91% | 2.59% |
| Q4 2024 | 4.02% | 0.51% | 3.57% | 5.88% | 2.66% |
| Q1 2025 | 3.63% | 0.51% | 3.17% | 5.78% | 2.73% |
| Q2 2025 | 3.99% | 0.52% | 3.53% | 6.05% | 2.77% |
| Q3 2025 | 3.79% | 0.54% | 3.32% | 6.27% | 2.84% |
| Q4 2025 | 3.99% | 0.57% | 3.49% | 6.31% | 2.92% |
| Q1 2026 | 3.59% | 0.60% | 3.07% | 5.92% | 2.97% |
| Q2 2026 | 3.93% | 0.62% | 3.39% | 6.41% | 3.18% |
The First National Bank of Mertzon 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 Mertzon, 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 Mertzon profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 3339) · FFIEC NIC profile (RSSD 500256)