Merchants and Planters 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 Q2 2026, Net interest margin edged up by 0.07 percentage points, from 4.21% to 4.28%, the largest move among the key lines here. Merchants and Planters Bank ranks 20th of 57 Mississippi banks on net interest margin, in the upper half at 4.28% (Q2 2026). Merchants and Planters Bank reported 4.28% on net interest margin for Q2 2026, 0.33 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.03% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.89% |
| Cost of interest-bearing deposits | 1.27% |
| Cost of interest-bearing liabilities | 1.28% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.28% |
| Yield to cost spread | 3.75% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.6M |
| Total interest expense | $372K |
| Interest expense on deposits | $369K |
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 |
|---|---|---|---|
| Q3 2023 | 4.75% | 0.81% | 4.03% |
| Q4 2023 | 4.06% | 0.42% | 3.70% |
| Q1 2024 | 5.02% | 0.81% | 4.31% |
| Q2 2024 | 5.20% | 0.85% | 4.46% |
| Q3 2024 | 5.26% | 0.91% | 4.46% |
| Q4 2024 | 5.35% | 1.24% | 4.28% |
| Q1 2025 | 5.09% | 1.06% | 4.19% |
| Q2 2025 | 5.21% | 1.08% | 4.27% |
| Q3 2025 | 5.12% | 1.14% | 4.11% |
| Q4 2025 | 5.06% | 1.28% | 3.94% |
| Q1 2026 | 5.03% | 0.97% | 4.21% |
| Q2 2026 | 5.03% | 0.89% | 4.28% |
Merchants and Planters 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 Merchants and Planters 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 Merchants and Planters Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 327) · FFIEC NIC profile (RSSD 579636)