First State Bank Minnesota: 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 biggest quarter-over-quarter change on this page was a small one: Cost of interest-bearing deposits edged up 0.14 percentage points between Q1 2026 and Q2 2026, to 1.81%. Within Minnesota, First State Bank Minnesota is 41st of 221 on net interest margin, 4.56% as of Q2 2026, above 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 Minnesota sits 0.61 points higher, at 4.56% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.62% |
| Yield on loans | 5.95% |
| Yield on securities | 2.78% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.18% |
| Cost of interest-bearing deposits | 1.81% |
| Cost of interest-bearing liabilities | 1.80% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.56% |
| Yield to cost spread | 3.82% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.3M |
| Total interest expense | $276K |
| Interest expense on deposits | $272K |
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 | 4.45% | 0.51% | 3.99% | 4.78% | 2.88% |
| Q4 2023 | 4.53% | 0.76% | 3.82% | 4.85% | 2.97% |
| Q1 2024 | 4.76% | 0.99% | 3.86% | 5.00% | 2.81% |
| Q2 2024 | 5.02% | 1.44% | 3.75% | 5.35% | 2.84% |
| Q3 2024 | 5.16% | 1.44% | 3.85% | 5.51% | 2.83% |
| Q4 2024 | 5.20% | 1.47% | 3.88% | 5.59% | 2.82% |
| Q1 2025 | 5.17% | 1.32% | 4.01% | 5.68% | 2.81% |
| Q2 2025 | 5.41% | 1.47% | 4.10% | 5.78% | 2.81% |
| Q3 2025 | 5.50% | 1.32% | 4.30% | 5.89% | 2.84% |
| Q4 2025 | 5.04% | 1.16% | 4.03% | 5.93% | 2.84% |
| Q1 2026 | 5.51% | 1.06% | 4.51% | 5.94% | 2.83% |
| Q2 2026 | 5.62% | 1.18% | 4.56% | 5.95% | 2.78% |
First State Bank Minnesota 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 Minnesota, 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 Minnesota profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10162) · FFIEC NIC profile (RSSD 60554)