Northern State Bank of Virginia: 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 0.25 percentage points from Q1 2026 to Q2 2026, ending at 4.71% against 4.46%. It was the largest change among the key lines on this page. Within Minnesota, Northern State Bank of Virginia is 29th of 221 on net interest margin, 4.71% as of Q2 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Northern State Bank of Virginia sits 0.76 points higher, at 4.71% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.94% |
| Yield on loans | 6.86% |
| Yield on securities | 3.13% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.33% |
| Cost of interest-bearing deposits | 1.61% |
| Cost of interest-bearing liabilities | 1.61% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.71% |
| Yield to cost spread | 4.33% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.2M |
| Total interest expense | $300K |
| Interest expense on deposits | $300K |
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 | 4.53% | 1.69% | 2.99% | 6.06% | 0.97% |
| Q4 2023 | 4.78% | 1.90% | 3.07% | 6.17% | 1.08% |
| Q1 2024 | 4.80% | 1.87% | 3.05% | 6.08% | 1.16% |
| Q2 2024 | 5.04% | 2.09% | 3.07% | 6.27% | 1.21% |
| Q3 2024 | 5.34% | 2.17% | 3.31% | 6.54% | 1.26% |
| Q4 2024 | 5.33% | 1.96% | 3.51% | 6.55% | 1.55% |
| Q1 2025 | 5.35% | 1.89% | 3.63% | 6.49% | 1.65% |
| Q2 2025 | 5.52% | 1.76% | 3.87% | 6.51% | 1.86% |
| Q3 2025 | 5.74% | 1.74% | 4.12% | 6.83% | 1.95% |
| Q4 2025 | 5.72% | 1.55% | 4.29% | 6.83% | 2.19% |
| Q1 2026 | 5.72% | 1.36% | 4.46% | 6.65% | 2.81% |
| Q2 2026 | 5.94% | 1.33% | 4.71% | 6.86% | 3.13% |
Northern State Bank of Virginia 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 Virginia, 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 Virginia profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 19589) · FFIEC NIC profile (RSSD 774253)