Northeast 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.
Compared with Q1 2026, Total interest expense fell 5.8% in Q2 2026 to $2.3M, the biggest move on this page. Northeast Bank ranks 80th of 221 Minnesota banks on net interest margin, in the upper half at 4.27% (Q2 2026). Northeast Bank reported 4.27% on net interest margin for Q2 2026, 0.33 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.38% |
| Yield on loans | 6.09% |
| Yield on securities | 3.43% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.21% |
| Cost of interest-bearing deposits | 1.52% |
| Cost of interest-bearing liabilities | 1.55% |
| Cost of borrowings | 3.54% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.27% |
| Yield to cost spread | 3.83% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $9.0M |
| Total interest expense | $2.3M |
| Interest expense on deposits | $2.2M |
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 | 4.50% | 0.97% | 3.62% | 5.28% | 2.92% |
| Q4 2023 | 4.70% | 1.16% | 3.66% | 5.53% | 2.99% |
| Q1 2024 | 4.70% | 1.38% | 3.44% | 5.50% | 3.00% |
| Q2 2024 | 4.79% | 1.37% | 3.54% | 5.59% | 2.99% |
| Q3 2024 | 4.91% | 1.37% | 3.66% | 5.76% | 3.03% |
| Q4 2024 | 5.01% | 1.30% | 3.84% | 5.85% | 3.08% |
| Q1 2025 | 5.02% | 1.34% | 3.80% | 5.82% | 3.10% |
| Q2 2025 | 5.25% | 1.46% | 3.90% | 6.09% | 3.12% |
| Q3 2025 | 5.28% | 1.50% | 3.90% | 6.09% | 3.21% |
| Q4 2025 | 5.34% | 1.37% | 4.08% | 6.08% | 3.35% |
| Q1 2026 | 5.25% | 1.27% | 4.08% | 5.98% | 3.37% |
| Q2 2026 | 5.38% | 1.21% | 4.27% | 6.09% | 3.43% |
Northeast 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 Northeast 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 Northeast Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16659) · FFIEC NIC profile (RSSD 689357)