Heritage Bank Minnesota: 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.
The standout move of Q2 2026 was in Cost of borrowings: 5.90 percentage points higher than in Q1 2026, at 8.80%. Heritage Bank Minnesota ranks 131st of 221 Minnesota banks on net interest margin, in the lower half at 3.84% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin; Heritage Bank Minnesota reported 3.84% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.94% |
| Yield on loans | 6.54% |
| Yield on securities | 2.16% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.20% |
| Cost of interest-bearing deposits | 2.52% |
| Cost of interest-bearing liabilities | 2.66% |
| Cost of borrowings | 8.80% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.84% |
| Yield to cost spread | 3.28% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.6M |
| Total interest expense | $616K |
| Interest expense on deposits | $550K |
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 | 5.07% | 1.50% | 3.63% | 5.72% | 1.89% |
| Q4 2023 | 5.22% | 2.07% | 3.46% | 5.85% | 1.91% |
| Q1 2024 | 5.33% | 2.56% | 3.24% | 6.00% | 1.75% |
| Q2 2024 | 5.56% | 2.67% | 3.38% | 6.22% | 1.86% |
| Q3 2024 | 5.63% | 2.40% | 3.51% | 6.28% | 1.75% |
| Q4 2024 | 5.71% | 2.18% | 3.69% | 6.41% | 1.87% |
| Q1 2025 | 5.72% | 1.88% | 3.64% | 6.37% | 1.86% |
| Q2 2025 | 5.79% | 2.21% | 3.59% | 6.36% | 2.02% |
| Q3 2025 | 6.08% | 2.22% | 3.91% | 6.63% | 2.09% |
| Q4 2025 | 6.02% | 2.33% | 3.77% | 6.61% | 2.04% |
| Q1 2026 | 5.83% | 2.24% | 3.64% | 6.46% | 2.00% |
| Q2 2026 | 5.94% | 2.20% | 3.84% | 6.54% | 2.16% |
Heritage Bank Minnesota yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Heritage Bank Minnesota, 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 Heritage Bank Minnesota profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8865) · FFIEC NIC profile (RSSD 777254)