FM 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.
Compared with Q1 2026, Cost of borrowings fell 0.52 percentage points in Q2 2026 to 3.31%, the biggest move on this page. Within Minnesota, FM Bank is 169th of 221 on net interest margin, 3.57% as of Q2 2026, below the middle of the field. FM Bank reported 3.57% on net interest margin for Q2 2026, 0.38 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.47% |
| Yield on loans | 6.53% |
| Yield on securities | 3.14% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.17% |
| Cost of interest-bearing deposits | 2.35% |
| Cost of interest-bearing liabilities | 2.36% |
| Cost of borrowings | 3.31% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.57% |
| Yield to cost spread | 3.11% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $7.9M |
| Total interest expense | $3.3M |
| Interest expense on deposits | $3.1M |
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 | 4.49% | 1.84% | 2.75% | 5.77% | 3.16% |
| Q4 2023 | 4.60% | 2.04% | 2.62% | 5.85% | 3.21% |
| Q1 2024 | 4.95% | 2.06% | 2.97% | 6.31% | 3.03% |
| Q2 2024 | 5.07% | 2.39% | 2.80% | 6.40% | 3.33% |
| Q3 2024 | 5.20% | 2.48% | 2.82% | 6.53% | 3.21% |
| Q4 2024 | 5.28% | 2.20% | 3.10% | 6.60% | 3.17% |
| Q1 2025 | 5.22% | 2.14% | 3.11% | 6.45% | 3.16% |
| Q2 2025 | 5.29% | 1.84% | 3.21% | 6.52% | 3.17% |
| Q3 2025 | 5.46% | 2.03% | 3.34% | 6.70% | 3.14% |
| Q4 2025 | 5.49% | 2.06% | 3.50% | 6.66% | 3.12% |
| Q1 2026 | 5.43% | 1.98% | 3.52% | 6.48% | 3.00% |
| Q2 2026 | 5.47% | 2.17% | 3.57% | 6.53% | 3.14% |
FM 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 FM 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 FM Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10998) · FFIEC NIC profile (RSSD 20857)