First United Bank: 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 climbed 0.52 percentage points in Q2 2026, from 3.72% to 4.24%. It was the largest change from Q1 2026 among the key lines here. Within North Dakota, First United Bank is 15th of 60 on net interest margin, 4.24% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. First United Bank sits 0.30 points higher, at 4.24% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.86% |
| Yield on loans | 6.85% |
| Yield on securities | 2.84% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.72% |
| Cost of interest-bearing deposits | 2.13% |
| Cost of interest-bearing liabilities | 2.20% |
| Cost of borrowings | 4.11% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.24% |
| Yield to cost spread | 3.66% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $9.3M |
| Total interest expense | $3.0M |
| Interest expense on deposits | $2.8M |
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 | 4.50% | 1.78% | 2.97% | 6.15% | 1.80% |
| Q4 2023 | 4.85% | 1.76% | 3.20% | 5.99% | 2.28% |
| Q1 2024 | 4.99% | 1.84% | 3.24% | 6.07% | 2.35% |
| Q2 2024 | 5.13% | 2.01% | 3.26% | 6.26% | 2.23% |
| Q3 2024 | 5.40% | 2.39% | 3.12% | 6.48% | 2.27% |
| Q4 2024 | 5.41% | 2.27% | 3.27% | 6.42% | 2.34% |
| Q1 2025 | 5.22% | 2.04% | 3.28% | 6.23% | 2.26% |
| Q2 2025 | 5.37% | 1.99% | 3.50% | 6.41% | 2.23% |
| Q3 2025 | 5.51% | 2.03% | 3.61% | 6.52% | 2.26% |
| Q4 2025 | 5.51% | 2.02% | 3.61% | 6.46% | 2.26% |
| Q1 2026 | 5.46% | 1.82% | 3.72% | 6.37% | 2.38% |
| Q2 2026 | 5.86% | 1.72% | 4.24% | 6.85% | 2.84% |
First United Bank 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 United Bank, 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 United Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15472) · FFIEC NIC profile (RSSD 1011955)