Midcountry 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.
Net interest margin fell 0.33 percentage points from Q1 2026 to Q2 2026, ending at 3.67% against 4.00%. It was the largest change among the key lines on this page. Within Minnesota, Midcountry Bank is 162nd of 221 on net interest margin, 3.67% as of Q2 2026, below the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin; Midcountry Bank reported 3.67% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.21% |
| Yield on loans | 5.89% |
| Yield on securities | 3.26% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.74% |
| Cost of interest-bearing deposits | 1.98% |
| Cost of interest-bearing liabilities | 2.13% |
| Cost of borrowings | 3.85% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.67% |
| Yield to cost spread | 3.08% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.5M |
| Total interest expense | $3.9M |
| Interest expense on deposits | $3.3M |
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 | 5.82% | 2.51% | 3.63% | 6.33% | 2.64% |
| Q4 2023 | 5.71% | 2.67% | 3.41% | 6.17% | 2.87% |
| Q1 2024 | 5.63% | 2.52% | 3.39% | 6.12% | 2.90% |
| Q2 2024 | 5.60% | 2.54% | 3.31% | 6.14% | 3.04% |
| Q3 2024 | 5.52% | 2.51% | 3.27% | 6.06% | 2.88% |
| Q4 2024 | 5.85% | 2.48% | 3.60% | 6.47% | 3.08% |
| Q1 2025 | 5.24% | 2.12% | 3.33% | 5.86% | 2.88% |
| Q2 2025 | 5.37% | 2.03% | 3.56% | 6.04% | 2.93% |
| Q3 2025 | 5.20% | 1.96% | 3.47% | 5.86% | 2.96% |
| Q4 2025 | 5.17% | 1.84% | 3.54% | 5.84% | 3.02% |
| Q1 2026 | 5.52% | 1.72% | 4.00% | 6.39% | 3.11% |
| Q2 2026 | 5.21% | 1.74% | 3.67% | 5.89% | 3.26% |
Midcountry 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 Midcountry 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 Midcountry Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 28865) · FFIEC NIC profile (RSSD 3971)