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.
First State Bank reported little change from Q1 2026 to Q2 2026. Cost of interest-bearing deposits showed the biggest shift, 0.50% to 0.55%. First State Bank has the 2nd lowest net interest margin of the 29 banks headquartered in New Mexico, at 3.30% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. First State Bank sits 0.64 points lower, at 3.30% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 3.66% |
| Yield on loans | 7.93% |
| Yield on securities | 3.28% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.38% |
| Cost of interest-bearing deposits | 0.55% |
| Cost of interest-bearing liabilities | 0.55% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.30% |
| Yield to cost spread | 3.11% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $231K |
| Total interest expense | $154K |
| Interest expense on deposits | $154K |
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 | 3.46% | 0.16% | 3.30% | 7.57% | 2.98% |
| Q4 2023 | 3.78% | 0.17% | 3.62% | 7.42% | 3.09% |
| Q1 2024 | 3.86% | 0.22% | 3.65% | 8.58% | 3.11% |
| Q2 2024 | 3.88% | 0.24% | 3.65% | 7.47% | 3.15% |
| Q3 2024 | 3.78% | 0.24% | 3.55% | 7.87% | 3.13% |
| Q4 2024 | 3.76% | 0.24% | 3.53% | 8.07% | 3.14% |
| Q1 2025 | 3.64% | 0.23% | 3.42% | 7.34% | 3.18% |
| Q2 2025 | 3.63% | 0.29% | 3.36% | 7.88% | 3.20% |
| Q3 2025 | 3.63% | 0.23% | 3.42% | 7.86% | 3.22% |
| Q4 2025 | 3.59% | 0.36% | 3.24% | 7.95% | 3.24% |
| Q1 2026 | 3.64% | 0.38% | 3.28% | 7.93% | 3.27% |
| Q2 2026 | 3.66% | 0.38% | 3.30% | 7.93% | 3.28% |
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 16600) · FFIEC NIC profile (RSSD 497655)