Keen Bank, N.A.: 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, Net interest margin rose 0.16 percentage points in Q2 2026 to 5.10%, the biggest move on this page. On net interest margin, Keen Bank, N.A. ranks 14th highest among the 221 banks headquartered in Minnesota, at 5.10% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Keen Bank, N.A. sits 1.15 points higher, at 5.10% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.44% |
| Yield on loans | 7.29% |
| Yield on securities | 3.29% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.43% |
| Cost of interest-bearing deposits | 1.74% |
| Cost of interest-bearing liabilities | 1.74% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.10% |
| Yield to cost spread | 4.70% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.7M |
| Total interest expense | $641K |
| Interest expense on deposits | $641K |
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 | 5.22% | 1.55% | 3.75% | 5.88% | 2.36% |
| Q4 2023 | 5.28% | 1.70% | 3.65% | 5.94% | 2.44% |
| Q1 2024 | 5.43% | 1.78% | 3.73% | 6.14% | 2.44% |
| Q2 2024 | 5.82% | 1.83% | 4.06% | 6.49% | 2.69% |
| Q3 2024 | 5.95% | 1.83% | 4.22% | 6.81% | 2.55% |
| Q4 2024 | 5.96% | 1.56% | 4.48% | 6.85% | 2.56% |
| Q1 2025 | 5.97% | 1.59% | 4.48% | 6.84% | 2.76% |
| Q2 2025 | 6.23% | 1.55% | 4.77% | 7.13% | 2.92% |
| Q3 2025 | 6.33% | 1.56% | 4.87% | 7.25% | 2.97% |
| Q4 2025 | 6.51% | 1.55% | 5.04% | 7.46% | 3.10% |
| Q1 2026 | 6.28% | 1.42% | 4.94% | 7.17% | 3.25% |
| Q2 2026 | 6.44% | 1.43% | 5.10% | 7.29% | 3.29% |
Keen Bank, N.A. yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Keen Bank, N.A., 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 Keen Bank, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5270) · FFIEC NIC profile (RSSD 837354)