Midland States 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 0.09 percentage points between Q1 2026 and Q2 2026, to 3.99%. Midland States Bank ranks 108th of 323 Illinois banks on net interest margin, in the upper half at 3.99% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Midland States Bank sits 0.28 points higher, at 3.99% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.76% |
| Yield on loans | 6.30% |
| Yield on securities | 4.55% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.87% |
| Cost of interest-bearing deposits | 2.15% |
| Cost of interest-bearing liabilities | 2.22% |
| Cost of borrowings | 3.68% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.99% |
| Yield to cost spread | 3.54% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $66.6M |
| Total interest expense | $27.2M |
| Interest expense on deposits | $24.5M |
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 | 5.63% | 2.45% | 3.31% | 5.98% | 3.30% |
| Q4 2023 | 5.72% | 2.56% | 3.30% | 6.05% | 3.65% |
| Q1 2024 | 5.86% | 2.56% | 3.45% | 6.21% | 3.92% |
| Q2 2024 | 5.92% | 2.70% | 3.38% | 6.26% | 4.21% |
| Q3 2024 | 6.09% | 2.84% | 3.43% | 6.47% | 4.36% |
| Q4 2024 | 5.89% | 2.61% | 3.44% | 6.25% | 4.38% |
| Q1 2025 | 5.75% | 2.36% | 3.51% | 6.14% | 4.35% |
| Q2 2025 | 5.81% | 2.31% | 3.62% | 6.15% | 4.66% |
| Q3 2025 | 6.05% | 2.27% | 3.90% | 6.54% | 4.42% |
| Q4 2025 | 5.82% | 2.13% | 3.79% | 6.32% | 4.35% |
| Q1 2026 | 5.70% | 1.88% | 3.90% | 6.21% | 4.47% |
| Q2 2026 | 5.76% | 1.87% | 3.99% | 6.30% | 4.55% |
Midland States 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 Midland States 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 Midland States Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1040) · FFIEC NIC profile (RSSD 773247)