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.
Cost of borrowings fell 0.60 percentage points from Q1 2026 to Q2 2026, ending at 1.10% against 1.71%. It was the largest change among the key lines on this page. First State Bank ranks 196th of 225 Iowa banks on net interest margin, in the lower half at 2.98% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First State Bank sits 0.97 points lower, at 2.98% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.59% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.90% |
| Cost of interest-bearing deposits | 2.29% |
| Cost of interest-bearing liabilities | 2.26% |
| Cost of borrowings | 1.10% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.98% |
| Yield to cost spread | 2.33% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $893K |
| Total interest expense | $497K |
| Interest expense on deposits | $491K |
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 |
|---|---|---|---|
| Q3 2023 | 4.03% | 1.16% | 3.01% |
| Q4 2023 | 4.27% | 1.33% | 3.10% |
| Q1 2024 | 4.38% | 1.49% | 3.09% |
| Q2 2024 | 4.52% | 1.72% | 3.01% |
| Q3 2024 | 4.63% | 1.96% | 2.93% |
| Q4 2024 | 4.64% | 2.03% | 2.88% |
| Q1 2025 | 4.56% | 1.95% | 2.86% |
| Q2 2025 | 4.49% | 1.87% | 2.87% |
| Q3 2025 | 4.58% | 1.93% | 2.93% |
| Q4 2025 | 4.59% | 1.94% | 2.92% |
| Q1 2026 | 4.52% | 1.96% | 2.84% |
| Q2 2026 | 4.59% | 1.90% | 2.98% |
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 8522) · FFIEC NIC profile (RSSD 795249)