Northern State Bank of Thief River Falls: 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 biggest quarter-over-quarter change on this page was a small one: Yield to cost spread edged up 0.20 percentage points between Q1 2026 and Q2 2026, to 2.32%. Northern State Bank of Thief River Falls has the 7th lowest net interest margin of the 221 banks headquartered in Minnesota, at 2.70% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Northern State Bank of Thief River Falls sits 1.25 points lower, at 2.70% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.79% |
| Yield on loans | 6.25% |
| Yield on securities | 3.98% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.28% |
| Cost of interest-bearing deposits | 2.47% |
| Cost of interest-bearing liabilities | 2.47% |
| Cost of borrowings | 0.00% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.70% |
| Yield to cost spread | 2.32% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.0M |
| Total interest expense | $2.6M |
| Interest expense on deposits | $2.6M |
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 | 4.60% | 2.39% | 2.38% | 5.28% | 0.96% |
| Q4 2023 | 5.11% | 2.53% | 2.76% | 5.47% | 0.98% |
| Q1 2024 | 4.48% | 2.55% | 2.27% | 5.58% | 0.61% |
| Q2 2024 | 5.63% | 2.58% | 3.24% | 5.72% | 4.64% |
| Q3 2024 | 5.48% | 2.66% | 3.03% | 5.97% | 5.07% |
| Q4 2024 | 5.43% | 2.68% | 3.01% | 6.03% | 4.85% |
| Q1 2025 | 5.15% | 2.59% | 2.76% | 5.93% | 4.54% |
| Q2 2025 | 5.17% | 2.65% | 2.76% | 6.16% | 4.21% |
| Q3 2025 | 5.17% | 2.69% | 2.71% | 6.29% | 4.16% |
| Q4 2025 | 5.06% | 2.67% | 2.62% | 6.31% | 4.16% |
| Q1 2026 | 4.73% | 2.31% | 2.60% | 6.18% | 4.09% |
| Q2 2026 | 4.79% | 2.28% | 2.70% | 6.25% | 3.98% |
Northern State Bank of Thief River Falls yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Northern State Bank of Thief River Falls, 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 Northern State Bank of Thief River Falls profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15286) · FFIEC NIC profile (RSSD 188056)