First State Bank and Trust: 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 Total interest expense, which rose 5.9% to $1.9M. Within Minnesota, First State Bank and Trust is 147th of 221 on net interest margin, 3.75% as of Q2 2026, below the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First State Bank and Trust sits 0.20 points lower, at 3.75% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.46% |
| Yield on loans | 6.23% |
| Yield on securities | 3.13% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.77% |
| Cost of interest-bearing deposits | 2.24% |
| Cost of interest-bearing liabilities | 2.24% |
| Cost of borrowings | 0.00% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.75% |
| Yield to cost spread | 3.22% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.0M |
| Total interest expense | $1.9M |
| Interest expense on deposits | $1.9M |
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 | 4.59% | 1.31% | 3.38% | 5.30% | 2.41% |
| Q4 2023 | 4.89% | 1.60% | 3.40% | 5.55% | 2.52% |
| Q1 2024 | 4.97% | 1.73% | 3.35% | 5.67% | 2.62% |
| Q2 2024 | 5.08% | 1.85% | 3.36% | 5.73% | 2.54% |
| Q3 2024 | 5.07% | 1.88% | 3.35% | 5.78% | 2.61% |
| Q4 2024 | 5.22% | 1.77% | 3.55% | 6.01% | 2.66% |
| Q1 2025 | 5.13% | 1.73% | 3.49% | 5.81% | 2.70% |
| Q2 2025 | 5.38% | 1.81% | 3.73% | 6.02% | 2.78% |
| Q3 2025 | 5.48% | 1.80% | 3.84% | 6.18% | 2.82% |
| Q4 2025 | 5.37% | 1.76% | 3.75% | 6.21% | 2.87% |
| Q1 2026 | 5.16% | 1.73% | 3.50% | 5.94% | 3.02% |
| Q2 2026 | 5.46% | 1.77% | 3.75% | 6.23% | 3.13% |
First State Bank and Trust 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 and Trust, 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 and Trust profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10159) · FFIEC NIC profile (RSSD 144856)