The Miners State 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 rose 0.17 percentage points from Q1 2026 to Q2 2026, ending at 4.27% against 4.10%. It was the largest change among the key lines on this page. Within Michigan, The Miners State Bank is 30th of 72 on net interest margin, 4.27% as of Q2 2026, above the middle of the field. The Miners State Bank reported 4.27% on net interest margin for Q2 2026, 0.32 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.49% |
| Yield on loans | 6.38% |
| Yield on securities | 3.39% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.30% |
| Cost of interest-bearing deposits | 1.77% |
| Cost of interest-bearing liabilities | 1.81% |
| Cost of borrowings | 4.32% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.27% |
| Yield to cost spread | 3.68% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.4M |
| Total interest expense | $396K |
| Interest expense on deposits | $387K |
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 | 4.31% | 0.78% | 3.58% | 5.12% | 2.51% |
| Q4 2023 | 4.47% | 0.97% | 3.56% | 5.30% | 2.53% |
| Q1 2024 | 4.51% | 1.18% | 3.41% | 5.32% | 2.55% |
| Q2 2024 | 4.69% | 1.46% | 3.33% | 5.49% | 2.61% |
| Q3 2024 | 4.80% | 1.60% | 3.31% | 5.73% | 2.31% |
| Q4 2024 | 5.01% | 1.58% | 3.54% | 5.82% | 3.01% |
| Q1 2025 | 4.92% | 1.45% | 3.56% | 5.79% | 2.77% |
| Q2 2025 | 5.11% | 1.42% | 3.78% | 5.97% | 2.87% |
| Q3 2025 | 5.35% | 1.32% | 4.10% | 6.25% | 3.01% |
| Q4 2025 | 5.45% | 1.31% | 4.19% | 6.39% | 3.14% |
| Q1 2026 | 5.32% | 1.30% | 4.10% | 6.25% | 3.30% |
| Q2 2026 | 5.49% | 1.30% | 4.27% | 6.38% | 3.39% |
The Miners State 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 The Miners State 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 The Miners State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10928) · FFIEC NIC profile (RSSD 255350)