The First State Bank of Red Wing: 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: Yield on loans edged up 0.15 percentage points between Q1 2026 and Q2 2026, to 6.36%. On net interest margin, The First State Bank of Red Wing is 4th from the bottom among 221 Minnesota banks, 2.52% (Q2 2026). The median for banks in the < $100M asset tier is 3.89% on net interest margin. The First State Bank of Red Wing sits 1.37 points lower, at 2.52% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 3.90% |
| Yield on loans | 6.36% |
| Yield on securities | 1.85% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.46% |
| Cost of interest-bearing deposits | 1.84% |
| Cost of interest-bearing liabilities | 1.84% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.52% |
| Yield to cost spread | 2.06% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $557K |
| Total interest expense | $301K |
| Interest expense on deposits | $301K |
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 | 3.39% | 1.28% | 2.21% | 6.06% | 1.80% |
| Q4 2023 | 3.41% | 1.56% | 2.00% | 5.84% | 1.91% |
| Q1 2024 | 3.45% | 1.58% | 2.05% | 5.86% | 1.84% |
| Q2 2024 | 3.63% | 2.16% | 1.69% | 6.01% | 1.88% |
| Q3 2024 | 3.69% | 1.32% | 2.48% | 6.38% | 1.80% |
| Q4 2024 | 3.76% | 1.65% | 2.23% | 6.43% | 1.82% |
| Q1 2025 | 3.59% | 1.49% | 2.18% | 6.15% | 1.78% |
| Q2 2025 | 3.71% | 1.49% | 2.30% | 6.10% | 1.83% |
| Q3 2025 | 3.98% | 1.45% | 2.61% | 6.55% | 1.92% |
| Q4 2025 | 3.95% | 1.41% | 2.61% | 6.38% | 1.89% |
| Q1 2026 | 3.82% | 1.38% | 2.52% | 6.21% | 1.90% |
| Q2 2026 | 3.90% | 1.46% | 2.52% | 6.36% | 1.85% |
The First State Bank of Red Wing yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock The First State Bank of Red Wing, 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 The First State Bank of Red Wing profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8191) · FFIEC NIC profile (RSSD 818559)