The First National Bank of Saint Ignace: 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, Yield on loans edged up by 0.08 percentage points, from 6.34% to 6.42%, the largest move among the key lines here. On net interest margin, The First National Bank of Saint Ignace is 4th from the bottom among 72 Michigan banks, 2.91% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. The First National Bank of Saint Ignace sits 1.04 points lower, at 2.91% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 3.95% |
| Yield on loans | 6.42% |
| Yield on securities | 2.51% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.06% |
| Cost of interest-bearing deposits | 1.44% |
| Cost of interest-bearing liabilities | 1.44% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.91% |
| Yield to cost spread | 2.51% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.8M |
| Total interest expense | $837K |
| Interest expense on deposits | $837K |
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 | 2.88% | 1.01% | 1.88% | 5.87% | 1.54% |
| Q4 2023 | 3.30% | 1.01% | 2.31% | 6.86% | 1.63% |
| Q1 2024 | 2.83% | 1.15% | 1.76% | 5.84% | 1.40% |
| Q2 2024 | 3.14% | 1.26% | 1.98% | 6.85% | 1.39% |
| Q3 2024 | 3.14% | 1.19% | 1.96% | 6.02% | 1.37% |
| Q4 2024 | 3.47% | 1.17% | 2.28% | 6.23% | 1.38% |
| Q1 2025 | 2.86% | 1.16% | 1.73% | 5.82% | 1.37% |
| Q2 2025 | 3.11% | 1.14% | 1.99% | 6.23% | 1.35% |
| Q3 2025 | 3.40% | 1.04% | 2.37% | 6.46% | 1.42% |
| Q4 2025 | 3.48% | 1.05% | 2.45% | 6.20% | 1.34% |
| Q1 2026 | 3.95% | 1.06% | 2.91% | 6.34% | 2.46% |
| Q2 2026 | 3.95% | 1.06% | 2.91% | 6.42% | 2.51% |
The First National Bank of Saint Ignace 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 Saint Ignace, 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 Saint Ignace profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5074) · FFIEC NIC profile (RSSD 381950)