First State 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.
The largest change between Q1 2026 and Q2 2026 was in Yield on securities, which fell 0.31 percentage points to 1.97%. First State Bank ranks 62nd of 79 Florida banks on net interest margin, in the lower half at 3.39% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. First State Bank sits 0.32 points lower, at 3.39% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.08% |
| Yield on loans | 6.16% |
| Yield on securities | 1.97% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.88% |
| Cost of interest-bearing deposits | 2.40% |
| Cost of interest-bearing liabilities | 2.42% |
| Cost of borrowings | 3.33% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.39% |
| Yield to cost spread | 2.66% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $12.1M |
| Total interest expense | $5.0M |
| Interest expense on deposits | $4.8M |
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 | 4.29% | 1.67% | 2.79% | 5.06% | 2.34% |
| Q4 2023 | 4.54% | 2.05% | 2.67% | 5.33% | 2.36% |
| Q1 2024 | 4.63% | 2.22% | 2.69% | 5.34% | 2.41% |
| Q2 2024 | 4.74% | 2.22% | 2.76% | 5.48% | 2.41% |
| Q3 2024 | 4.92% | 2.28% | 2.88% | 5.74% | 2.40% |
| Q4 2024 | 4.84% | 2.10% | 2.97% | 5.69% | 2.28% |
| Q1 2025 | 4.68% | 1.95% | 2.95% | 5.49% | 2.26% |
| Q2 2025 | 4.88% | 1.92% | 3.17% | 5.74% | 2.29% |
| Q3 2025 | 5.00% | 1.96% | 3.25% | 5.87% | 2.27% |
| Q4 2025 | 5.14% | 1.95% | 3.41% | 6.05% | 2.28% |
| Q1 2026 | 5.03% | 1.88% | 3.34% | 5.92% | 2.28% |
| Q2 2026 | 5.08% | 1.88% | 3.39% | 6.16% | 1.97% |
First State 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 State 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 17509) · FFIEC NIC profile (RSSD 191935)