The Merchants & Citizens 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.
The biggest quarter-over-quarter change on this page was a small one: Net interest margin edged up 0.08 percentage points between Q1 2026 and Q2 2026, to 3.39%. The Merchants & Citizens Bank ranks 108th of 121 Georgia banks on net interest margin, in the lower half at 3.39% (Q2 2026). The Merchants & Citizens Bank reported 3.39% on net interest margin for Q2 2026, 0.56 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.41% |
| Yield on loans | 7.32% |
| Yield on securities | 2.69% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.13% |
| Cost of interest-bearing deposits | 1.67% |
| Cost of interest-bearing liabilities | 1.67% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.39% |
| Yield to cost spread | 2.74% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $963K |
| Total interest expense | $370K |
| Interest expense on deposits | $370K |
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 | 3.80% | 0.98% | 2.93% | 6.80% | 2.48% |
| Q4 2023 | 3.72% | 1.26% | 2.62% | 6.90% | 2.28% |
| Q1 2024 | 4.01% | 1.42% | 2.76% | 7.41% | 2.47% |
| Q2 2024 | 4.25% | 1.43% | 2.97% | 7.56% | 2.71% |
| Q3 2024 | 4.37% | 1.53% | 3.02% | 7.83% | 2.64% |
| Q4 2024 | 4.11% | 1.56% | 2.72% | 7.79% | 2.13% |
| Q1 2025 | 4.32% | 1.47% | 3.00% | 7.74% | 2.59% |
| Q2 2025 | 4.47% | 1.38% | 3.22% | 7.78% | 2.79% |
| Q3 2025 | 4.49% | 1.38% | 3.26% | 7.69% | 2.67% |
| Q4 2025 | 4.25% | 1.39% | 3.01% | 7.57% | 2.18% |
| Q1 2026 | 4.40% | 1.21% | 3.31% | 7.34% | 2.64% |
| Q2 2026 | 4.41% | 1.13% | 3.39% | 7.32% | 2.69% |
The Merchants & Citizens 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 The Merchants & Citizens 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 The Merchants & Citizens Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 183) · FFIEC NIC profile (RSSD 784430)