First National Bank of Waterloo: 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 standout move of Q2 2026 was in Cost of borrowings: 0.77 percentage points lower than in Q1 2026, at 2.29%. Within Illinois, First National Bank of Waterloo is 200th of 323 on net interest margin, 3.50% as of Q2 2026, below the middle of the field. First National Bank of Waterloo reported 3.50% on net interest margin for Q2 2026, 0.45 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.93% |
| Yield on loans | 6.12% |
| Yield on securities | 2.78% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.46% |
| Cost of interest-bearing deposits | 1.70% |
| Cost of interest-bearing liabilities | 1.84% |
| Cost of borrowings | 2.29% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.50% |
| Yield to cost spread | 3.09% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $8.3M |
| Total interest expense | $3.2M |
| Interest expense on deposits | $2.7M |
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 | 5.21% | 1.57% | 3.71% | 6.11% | 2.93% |
| Q4 2023 | 4.10% | 1.45% | 2.68% | 5.10% | 2.28% |
| Q1 2024 | 4.14% | 1.61% | 2.55% | 5.13% | 2.34% |
| Q2 2024 | 4.24% | 1.61% | 2.64% | 5.25% | 2.37% |
| Q3 2024 | 4.28% | 1.68% | 2.59% | 5.36% | 2.38% |
| Q4 2024 | 4.37% | 1.70% | 2.69% | 5.46% | 2.32% |
| Q1 2025 | 4.44% | 1.62% | 2.83% | 5.54% | 2.50% |
| Q2 2025 | 4.58% | 1.52% | 3.05% | 5.72% | 2.52% |
| Q3 2025 | 4.71% | 1.50% | 3.20% | 5.93% | 2.57% |
| Q4 2025 | 4.78% | 1.53% | 3.29% | 6.02% | 2.53% |
| Q1 2026 | 4.71% | 1.49% | 3.27% | 5.91% | 2.68% |
| Q2 2026 | 4.93% | 1.46% | 3.50% | 6.12% | 2.78% |
First National Bank of Waterloo yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock First National Bank of Waterloo, 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 First National Bank of Waterloo profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 3842) · FFIEC NIC profile (RSSD 145545)