FirstBank: 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.
Cost of borrowings climbed 1.07 percentage points in Q2 2026, from 0.18% to 1.25%. It was the largest change from Q1 2026 among the key lines here. FirstBank ranks 52nd of 109 Tennessee banks on net interest margin, in the upper half at 3.96% (Q2 2026). FirstBank reported 3.96% on net interest margin for Q2 2026, 0.37 points above the 3.59% median for banks in the $10B-100B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.02% |
| Yield on loans | 6.44% |
| Yield on securities | 3.85% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.95% |
| Cost of interest-bearing deposits | 2.74% |
| Cost of interest-bearing liabilities | 2.71% |
| Cost of borrowings | 1.25% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.96% |
| Yield to cost spread | 3.31% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $206.4M |
| Total interest expense | $79.0M |
| Interest expense on deposits | $78.8M |
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 | 5.89% | 2.28% | 3.44% | 6.58% | 2.12% |
| Q4 2023 | 5.98% | 2.34% | 3.48% | 6.63% | 2.43% |
| Q1 2024 | 5.97% | 2.40% | 3.39% | 6.59% | 2.66% |
| Q2 2024 | 6.09% | 2.41% | 3.55% | 6.64% | 3.24% |
| Q3 2024 | 6.20% | 2.49% | 3.57% | 6.72% | 3.68% |
| Q4 2024 | 6.01% | 2.37% | 3.52% | 6.52% | 3.87% |
| Q1 2025 | 5.80% | 2.19% | 3.50% | 6.30% | 3.69% |
| Q2 2025 | 5.95% | 2.17% | 3.67% | 6.41% | 3.75% |
| Q3 2025 | 6.37% | 2.30% | 4.02% | 6.78% | 4.27% |
| Q4 2025 | 6.25% | 2.10% | 4.03% | 6.69% | 4.15% |
| Q1 2026 | 5.96% | 1.94% | 3.90% | 6.39% | 3.85% |
| Q2 2026 | 6.02% | 1.95% | 3.96% | 6.44% | 3.85% |
FirstBank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock FirstBank, 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 FirstBank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8663) · FFIEC NIC profile (RSSD 436159)