The Miners National Bank of Eveleth: 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.
Compared with Q1 2026, Cost of borrowings rose 0.39 percentage points in Q2 2026 to 5.79%, the biggest move on this page. The Miners National Bank of Eveleth ranks 27th of 221 Minnesota banks on net interest margin, in the upper half at 4.78% (Q2 2026). The Miners National Bank of Eveleth reported 4.78% on net interest margin for Q2 2026, 0.90 points above the 3.89% median for banks in the < $100M asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.33% |
| Yield on loans | 6.46% |
| Yield on securities | 3.94% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.46% |
| Cost of interest-bearing deposits | 1.82% |
| Cost of interest-bearing liabilities | 1.94% |
| Cost of borrowings | 5.79% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.78% |
| Yield to cost spread | 4.39% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.1M |
| Total interest expense | $326K |
| Interest expense on deposits | $297K |
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 | 5.10% | 0.98% | 4.17% | 5.52% | 2.74% |
| Q4 2023 | 5.50% | 0.94% | 4.59% | 5.65% | 2.74% |
| Q1 2024 | 5.09% | 0.86% | 4.28% | 5.31% | 2.74% |
| Q2 2024 | 5.48% | 1.25% | 4.29% | 5.81% | 2.66% |
| Q3 2024 | 5.71% | 1.25% | 4.52% | 6.18% | 2.74% |
| Q4 2024 | 6.04% | 1.49% | 4.55% | 6.09% | 3.12% |
| Q1 2025 | 5.92% | 1.39% | 4.49% | 5.83% | 3.45% |
| Q2 2025 | 6.03% | 1.54% | 4.36% | 5.98% | 3.52% |
| Q3 2025 | 6.67% | 1.64% | 4.90% | 6.62% | 3.78% |
| Q4 2025 | 6.74% | 1.52% | 5.12% | 6.61% | 3.84% |
| Q1 2026 | 6.35% | 1.50% | 4.70% | 6.17% | 3.93% |
| Q2 2026 | 6.33% | 1.46% | 4.78% | 6.46% | 3.94% |
The Miners National Bank of Eveleth 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 Miners National Bank of Eveleth, 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 Miners National Bank of Eveleth profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5141) · FFIEC NIC profile (RSSD 43856)