Grand Marais State 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.
Yield to cost spread climbed 0.82 percentage points in Q2 2026, from 2.61% to 3.44%. It was the largest change from Q1 2026 among the key lines here. Within Minnesota, Grand Marais State Bank is 77th of 221 on net interest margin, 4.29% as of Q2 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Grand Marais State Bank sits 0.34 points higher, at 4.29% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.49% |
| Yield on loans | 6.93% |
| Yield on securities | 2.61% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.11% |
| Cost of interest-bearing deposits | 2.03% |
| Cost of interest-bearing liabilities | 2.05% |
| Cost of borrowings | 3.99% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.29% |
| Yield to cost spread | 3.44% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.3M |
| Total interest expense | $592K |
| Interest expense on deposits | $580K |
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 | 3.73% | 0.60% | 3.05% | 5.83% | 1.06% |
| Q4 2023 | 4.15% | 1.11% | 2.93% | 6.52% | 1.07% |
| Q1 2024 | 4.19% | 1.21% | 2.83% | 6.23% | 1.11% |
| Q2 2024 | 4.27% | 1.25% | 2.86% | 6.26% | 1.04% |
| Q3 2024 | 4.54% | 1.14% | 3.26% | 6.67% | 1.02% |
| Q4 2024 | 4.55% | 1.09% | 3.33% | 6.58% | 1.14% |
| Q1 2025 | 4.50% | 1.16% | 3.22% | 6.49% | 1.17% |
| Q2 2025 | 4.88% | 1.30% | 3.44% | 6.85% | 1.20% |
| Q3 2025 | 4.98% | 1.15% | 3.73% | 6.83% | 1.49% |
| Q4 2025 | 5.27% | 1.04% | 4.08% | 6.97% | 1.86% |
| Q1 2026 | 5.32% | 1.11% | 4.17% | 6.78% | 2.66% |
| Q2 2026 | 5.49% | 1.11% | 4.29% | 6.93% | 2.61% |
Grand Marais State 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 Grand Marais State 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 Grand Marais State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8842) · FFIEC NIC profile (RSSD 945950)