The First National Bank of Milaca: 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.
Cost of borrowings climbed 4.28 percentage points in Q2 2026, from 0.00% to 4.28%. It was the largest change from Q1 2026 among the key lines here. Within Minnesota, The First National Bank of Milaca is 35th of 221 on net interest margin, 4.62% as of Q2 2026, above the middle of the field. The First National Bank of Milaca reported 4.62% on net interest margin for Q2 2026, 0.67 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.71% |
| Yield on loans | 6.96% |
| Yield on securities | 2.87% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.18% |
| Cost of interest-bearing deposits | 1.73% |
| Cost of interest-bearing liabilities | 1.74% |
| Cost of borrowings | 4.28% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.62% |
| Yield to cost spread | 3.97% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.4M |
| Total interest expense | $770K |
| Interest expense on deposits | $758K |
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 | 3.93% | 0.98% | 3.02% | 5.58% | 0.97% |
| Q4 2023 | 4.17% | 1.02% | 3.22% | 5.76% | 1.03% |
| Q1 2024 | 4.22% | 1.13% | 3.17% | 5.73% | 1.06% |
| Q2 2024 | 4.44% | 1.25% | 3.27% | 6.03% | 1.03% |
| Q3 2024 | 4.71% | 1.27% | 3.54% | 6.26% | 1.08% |
| Q4 2024 | 4.85% | 1.26% | 3.69% | 6.42% | 1.37% |
| Q1 2025 | 4.95% | 1.21% | 3.83% | 6.46% | 1.86% |
| Q2 2025 | 5.18% | 1.21% | 4.06% | 6.75% | 1.91% |
| Q3 2025 | 5.39% | 1.26% | 4.24% | 6.92% | 2.14% |
| Q4 2025 | 5.51% | 1.23% | 4.39% | 6.96% | 2.55% |
| Q1 2026 | 5.47% | 1.16% | 4.41% | 6.77% | 2.72% |
| Q2 2026 | 5.71% | 1.18% | 4.62% | 6.96% | 2.87% |
The First National Bank of Milaca 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 Milaca, 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 Milaca profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5198) · FFIEC NIC profile (RSSD 924357)