Midwest 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 standout move of Q2 2026 was in Total interest expense: 9.7% higher than in Q1 2026, at $5.5M. Within Minnesota, Midwest Bank is 68th of 221 on net interest margin, 4.35% as of Q2 2026. Midwest Bank reported 4.35% on net interest margin for Q2 2026, 0.41 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.72% |
| Yield on loans | 6.99% |
| Yield on securities | 3.31% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.55% |
| Cost of interest-bearing deposits | 2.92% |
| Cost of interest-bearing liabilities | 3.07% |
| Cost of borrowings | 3.92% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.35% |
| Yield to cost spread | 3.65% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $15.0M |
| Total interest expense | $5.5M |
| Interest expense on deposits | $4.7M |
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 | 5.94% | 2.00% | 4.08% | 6.61% | 3.21% |
| Q4 2023 | 6.93% | 2.25% | 4.63% | 7.93% | 3.20% |
| Q1 2024 | 6.29% | 2.56% | 3.94% | 6.86% | 3.42% |
| Q2 2024 | 6.49% | 2.88% | 3.86% | 6.99% | 3.49% |
| Q3 2024 | 6.75% | 3.04% | 4.01% | 7.25% | 3.45% |
| Q4 2024 | 6.60% | 2.89% | 4.01% | 7.04% | 3.17% |
| Q1 2025 | 6.39% | 2.76% | 3.91% | 6.78% | 3.20% |
| Q2 2025 | 6.62% | 2.68% | 4.15% | 6.94% | 3.29% |
| Q3 2025 | 6.81% | 2.58% | 4.42% | 7.11% | 3.43% |
| Q4 2025 | 6.78% | 2.57% | 4.43% | 7.08% | 3.50% |
| Q1 2026 | 6.52% | 2.49% | 4.22% | 6.79% | 3.31% |
| Q2 2026 | 6.72% | 2.55% | 4.35% | 6.99% | 3.31% |
Midwest 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 Midwest 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 Midwest Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 9737) · FFIEC NIC profile (RSSD 806958)