First Southeast 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.
Compared with Q1 2026, Net interest margin rose 0.15 percentage points in Q2 2026 to 4.14%, the biggest move on this page. First Southeast Bank ranks 98th of 221 Minnesota banks on net interest margin, in the upper half at 4.14% (Q2 2026). First Southeast Bank reported 4.14% on net interest margin for Q2 2026, 0.20 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.01% |
| Yield on loans | 6.37% |
| Yield on securities | 2.76% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.01% |
| Cost of interest-bearing deposits | 2.09% |
| Cost of interest-bearing liabilities | 2.46% |
| Cost of borrowings | 3.77% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.14% |
| Yield to cost spread | 3.55% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.1M |
| Total interest expense | $714K |
| Interest expense on deposits | $449K |
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% | 1.07% | 3.29% | 5.32% | 1.99% |
| Q4 2023 | 4.91% | 1.13% | 3.54% | 5.55% | 1.98% |
| Q1 2024 | 5.02% | 1.24% | 3.53% | 5.68% | 2.05% |
| Q2 2024 | 5.26% | 1.44% | 3.54% | 5.85% | 2.05% |
| Q3 2024 | 5.41% | 1.51% | 3.61% | 5.96% | 2.07% |
| Q4 2024 | 5.57% | 1.43% | 3.86% | 6.10% | 2.03% |
| Q1 2025 | 5.54% | 1.65% | 3.60% | 6.00% | 2.20% |
| Q2 2025 | 5.77% | 1.71% | 3.80% | 6.21% | 2.38% |
| Q3 2025 | 5.87% | 1.83% | 3.79% | 6.30% | 2.40% |
| Q4 2025 | 6.17% | 2.10% | 4.19% | 6.59% | 2.57% |
| Q1 2026 | 5.89% | 2.01% | 3.99% | 6.22% | 2.77% |
| Q2 2026 | 6.01% | 2.01% | 4.14% | 6.37% | 2.76% |
First Southeast 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 Southeast 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 Southeast Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10576) · FFIEC NIC profile (RSSD 22552)