Millennium 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 largest change between Q1 2026 and Q2 2026 was in Net interest margin, which rose 0.20 percentage points to 4.61%. Within Tennessee, Millennium Bank is 18th of 109 on net interest margin, 4.61% as of Q2 2026. Millennium Bank reported 4.61% on net interest margin for Q2 2026, 0.67 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.26% |
| Yield on loans | 6.89% |
| Yield on securities | 3.53% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.76% |
| Cost of interest-bearing deposits | 2.28% |
| Cost of interest-bearing liabilities | 2.28% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.61% |
| Yield to cost spread | 3.98% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.6M |
| Total interest expense | $3.1M |
| Interest expense on deposits | $3.1M |
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 | 5.50% | 1.67% | 3.97% | 6.23% | 2.12% |
| Q4 2023 | 5.75% | 1.98% | 3.96% | 6.50% | 2.13% |
| Q1 2024 | 5.87% | 2.18% | 3.88% | 6.54% | 2.18% |
| Q2 2024 | 6.26% | 2.21% | 4.25% | 6.60% | 2.99% |
| Q3 2024 | 6.30% | 2.33% | 4.17% | 6.67% | 2.98% |
| Q4 2024 | 6.32% | 2.23% | 4.33% | 6.74% | 2.89% |
| Q1 2025 | 6.11% | 2.03% | 4.31% | 6.61% | 2.98% |
| Q2 2025 | 5.95% | 1.85% | 4.21% | 6.40% | 3.05% |
| Q3 2025 | 5.89% | 1.81% | 4.14% | 6.38% | 3.33% |
| Q4 2025 | 6.30% | 1.86% | 4.60% | 6.98% | 3.93% |
| Q1 2026 | 6.06% | 1.77% | 4.41% | 6.61% | 3.89% |
| Q2 2026 | 6.26% | 1.76% | 4.61% | 6.89% | 3.53% |
Millennium 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 Millennium 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 Millennium Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 35138) · FFIEC NIC profile (RSSD 2820604)