First State Bank Southwest: 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.
Compared with Q1 2026, Total interest expense rose 3.6% in Q2 2026 to $1.5M, the biggest move on this page. First State Bank Southwest ranks 190th of 221 Minnesota banks on net interest margin, in the lower half at 3.23% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First State Bank Southwest sits 0.72 points lower, at 3.23% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.69% |
| Yield on loans | 6.32% |
| Yield on securities | 2.41% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.54% |
| Cost of interest-bearing deposits | 1.87% |
| Cost of interest-bearing liabilities | 1.86% |
| Cost of borrowings | 1.61% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.23% |
| Yield to cost spread | 2.83% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.5M |
| Total interest expense | $1.5M |
| Interest expense on deposits | $1.3M |
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 | 3.80% | 1.64% | 2.25% | 5.57% | 2.07% |
| Q4 2023 | 4.02% | 1.71% | 2.41% | 5.82% | 2.14% |
| Q1 2024 | 4.16% | 1.81% | 2.42% | 5.96% | 2.16% |
| Q2 2024 | 4.25% | 1.97% | 2.37% | 6.15% | 2.12% |
| Q3 2024 | 4.36% | 2.12% | 2.36% | 6.27% | 2.12% |
| Q4 2024 | 4.46% | 1.96% | 2.59% | 6.32% | 2.15% |
| Q1 2025 | 4.48% | 1.82% | 2.76% | 6.30% | 2.20% |
| Q2 2025 | 4.55% | 1.85% | 2.81% | 6.37% | 2.18% |
| Q3 2025 | 4.61% | 1.80% | 2.93% | 6.44% | 2.21% |
| Q4 2025 | 4.69% | 1.68% | 3.10% | 6.47% | 2.27% |
| Q1 2026 | 4.55% | 1.54% | 3.10% | 6.18% | 2.30% |
| Q2 2026 | 4.69% | 1.54% | 3.23% | 6.32% | 2.41% |
First State Bank Southwest 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 Southwest, 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 Southwest profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 9770) · FFIEC NIC profile (RSSD 823656)