First State Bank & 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.
Net interest margin rose 0.14 percentage points from Q1 2026 to Q2 2026, ending at 3.41% against 3.27%. It was the largest change among the key lines on this page. First State Bank & Trust ranks 47th of 60 North Dakota banks on net interest margin, in the lower half at 3.41% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. First State Bank & Trust sits 0.53 points lower, at 3.41% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.61% |
| Yield on loans | 7.37% |
| Yield on securities | 2.66% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.37% |
| Cost of interest-bearing deposits | 1.73% |
| Cost of interest-bearing liabilities | 1.73% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.41% |
| Yield to cost spread | 2.88% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.9M |
| Total interest expense | $1.6M |
| Interest expense on deposits | $1.6M |
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 | 3.64% | 1.08% | 2.68% | 6.48% | 2.16% |
| Q4 2023 | 3.78% | 1.29% | 2.63% | 6.58% | 2.18% |
| Q1 2024 | 3.86% | 1.45% | 2.56% | 6.60% | 2.19% |
| Q2 2024 | 4.03% | 1.57% | 2.64% | 6.84% | 2.18% |
| Q3 2024 | 4.20% | 1.69% | 2.70% | 7.04% | 2.21% |
| Q4 2024 | 4.37% | 1.56% | 3.00% | 7.60% | 2.34% |
| Q1 2025 | 4.19% | 1.49% | 2.86% | 7.03% | 2.46% |
| Q2 2025 | 4.40% | 1.52% | 3.07% | 7.49% | 2.57% |
| Q3 2025 | 4.53% | 1.48% | 3.23% | 7.59% | 2.63% |
| Q4 2025 | 4.56% | 1.46% | 3.28% | 7.47% | 2.60% |
| Q1 2026 | 4.48% | 1.38% | 3.27% | 7.22% | 2.60% |
| Q2 2026 | 4.61% | 1.37% | 3.41% | 7.37% | 2.66% |
First State Bank & 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 & 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 & Trust profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 14801) · FFIEC NIC profile (RSSD 248455)