Luminate 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.
Cost of borrowings climbed 20.26 percentage points in Q2 2026, from 10.07% to 30.33%. It was the largest change from Q1 2026 among the key lines here. Within Minnesota, Luminate Bank is 176th of 221 on net interest margin, 3.47% as of Q2 2026, below the middle of the field. Luminate Bank reported 3.47% on net interest margin for Q2 2026, 0.48 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 7.33% |
| Yield on loans | 8.62% |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 4.46% |
| Cost of interest-bearing deposits | 3.07% |
| Cost of interest-bearing liabilities | 4.40% |
| Cost of borrowings | 30.33% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.47% |
| Yield to cost spread | 2.93% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $9.2M |
| Total interest expense | $5.0M |
| 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 | 7.38% | 4.56% | 3.29% | 7.52% | 0.44% |
| Q4 2023 | 6.87% | 4.25% | 3.19% | 7.07% | 0.44% |
| Q1 2024 | 6.61% | 4.07% | 3.10% | 6.80% | 0.44% |
| Q2 2024 | 6.54% | 4.68% | 2.41% | 6.73% | 0.44% |
| Q3 2024 | 7.76% | 5.88% | 2.79% | 8.20% | 2.42% |
| Q4 2024 | 6.34% | 3.65% | 3.14% | 6.77% | 4.43% |
| Q1 2025 | 6.25% | 3.34% | 3.22% | 6.47% | 4.42% |
| Q2 2025 | 6.39% | 3.37% | 3.35% | 6.62% | 4.42% |
| Q3 2025 | 6.74% | 3.31% | 3.72% | 7.39% | 4.42% |
| Q4 2025 | 7.59% | 2.48% | 5.27% | 8.11% | 4.42% |
| Q1 2026 | 6.25% | 2.90% | 3.51% | 6.58% | 5.68% |
| Q2 2026 | 7.33% | 4.46% | 3.47% | 8.62% | — |
Luminate 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 Luminate 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 Luminate Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16635) · FFIEC NIC profile (RSSD 310754)