First Resource Bank: 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.
Total interest expense climbed 17.4% in Q2 2026, from $3.8M to $4.5M. It was the largest change from Q1 2026 among the key lines here. Within Minnesota, First Resource Bank is 125th of 221 on net interest margin, 3.87% as of Q2 2026. First Resource Bank reported 3.87% on net interest margin for Q2 2026, 0.16 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.65% |
| Yield on loans | 5.77% |
| Yield on securities | 5.39% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.01% |
| Cost of interest-bearing deposits | 2.20% |
| Cost of interest-bearing liabilities | 2.43% |
| Cost of borrowings | 4.21% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.87% |
| Yield to cost spread | 3.22% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.1M |
| Total interest expense | $4.5M |
| Interest expense on deposits | $3.6M |
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 | 4.57% | 2.22% | 2.60% | 4.66% | 2.28% |
| Q4 2023 | 4.93% | 2.44% | 2.71% | 5.04% | 2.32% |
| Q1 2024 | 4.96% | 2.45% | 2.76% | 5.09% | 2.37% |
| Q2 2024 | 5.26% | 2.57% | 2.97% | 5.39% | 2.70% |
| Q3 2024 | 5.36% | 2.72% | 2.90% | 5.47% | 3.14% |
| Q4 2024 | 5.50% | 2.58% | 3.17% | 5.60% | 3.63% |
| Q1 2025 | 5.31% | 2.33% | 3.19% | 5.37% | 5.46% |
| Q2 2025 | 5.63% | 2.28% | 3.55% | 5.66% | 5.27% |
| Q3 2025 | 5.68% | 2.32% | 3.59% | 5.73% | 5.35% |
| Q4 2025 | 5.70% | 2.22% | 3.71% | 5.70% | 5.70% |
| Q1 2026 | 5.46% | 2.07% | 3.59% | 5.57% | 5.41% |
| Q2 2026 | 5.65% | 2.01% | 3.87% | 5.77% | 5.39% |
First Resource Bank 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 Resource Bank, 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 Resource Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58039) · FFIEC NIC profile (RSSD 3314043)