Grand Rapids 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.
In Q3 2026, Yield on securities edged up by 0.21 percentage points, from 3.11% to 3.32%, the largest move among the key lines here. Among 221 Minnesota banks, Grand Rapids State Bank sits 10th from the top on net interest margin, 5.28% as of Q3 2026. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Grand Rapids State Bank sits 1.33 points higher, at 5.28% (Q3 2026); the peer median is as of Q2 2026.
Asset yields
| Line item | Q3 2026 |
|---|---|
| Yield on earning assets | 5.74% |
| Yield on loans | 7.58% |
| Yield on securities | 3.32% |
Funding costs
| Line item | Q3 2026 |
|---|---|
| Cost of funds | 0.49% |
| Cost of interest-bearing deposits | 0.71% |
| Cost of interest-bearing liabilities | 0.71% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q3 2026 |
|---|---|
| Net interest margin | 5.28% |
| Yield to cost spread | 5.03% |
Interest income and expense
| Line item | Q3 2026 |
|---|---|
| Interest income on loans | $2.6M |
| Total interest expense | $287K |
| Interest expense on deposits | $287K |
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 |
|---|---|---|---|---|---|
| Q4 2023 | 4.70% | 0.37% | 4.34% | 6.11% | 1.93% |
| Q1 2024 | 5.21% | 0.43% | 4.77% | 6.42% | 2.37% |
| Q2 2024 | 5.34% | 0.46% | 4.89% | 6.77% | 2.07% |
| Q3 2024 | 5.44% | 0.50% | 4.96% | 7.01% | 2.02% |
| Q4 2024 | 5.75% | 0.56% | 5.22% | 7.20% | 2.07% |
| Q1 2025 | 5.72% | 0.55% | 5.18% | 6.97% | 2.20% |
| Q2 2025 | 5.88% | 0.60% | 5.30% | 7.15% | 2.18% |
| Q3 2025 | 6.12% | 0.58% | 5.55% | 7.41% | 2.71% |
| Q4 2025 | 5.88% | 0.53% | 5.38% | 7.35% | 2.76% |
| Q1 2026 | 5.79% | 0.51% | 5.30% | 7.50% | 2.88% |
| Q2 2026 | 5.83% | 0.50% | 5.36% | 7.42% | 3.11% |
| Q3 2026 | 5.74% | 0.49% | 5.28% | 7.58% | 3.32% |
Grand Rapids 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 Rapids 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 Rapids State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10962) · FFIEC NIC profile (RSSD 1003558)