Peoples State Bank of Munising: 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: Net interest margin edged up 0.12 percentage points between Q1 2026 and Q2 2026, to 3.33%. Peoples State Bank of Munising ranks 64th of 72 Michigan banks on net interest margin, in the lower half at 3.33% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Peoples State Bank of Munising sits 0.62 points lower, at 3.33% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.65% |
| Yield on loans | 6.34% |
| Yield on securities | 1.45% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.38% |
| Cost of interest-bearing deposits | 1.41% |
| Cost of interest-bearing liabilities | 1.94% |
| Cost of borrowings | 3.84% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.33% |
| Yield to cost spread | 2.71% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.8M |
| Total interest expense | $573K |
| Interest expense on deposits | $337K |
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 | 4.22% | 0.93% | 3.33% | 6.04% | 1.34% |
| Q4 2023 | 4.05% | 1.18% | 2.92% | 5.88% | 1.31% |
| Q1 2024 | 4.12% | 1.52% | 2.67% | 5.94% | 1.33% |
| Q2 2024 | 4.34% | 1.76% | 2.65% | 6.28% | 1.34% |
| Q3 2024 | 4.66% | 1.61% | 3.16% | 6.70% | 1.35% |
| Q4 2024 | 4.21% | 1.63% | 2.67% | 6.03% | 1.34% |
| Q1 2025 | 4.45% | 1.66% | 2.88% | 6.30% | 1.33% |
| Q2 2025 | 4.51% | 1.61% | 2.98% | 6.38% | 1.35% |
| Q3 2025 | 4.87% | 1.11% | 3.50% | 6.68% | 1.39% |
| Q4 2025 | 4.55% | 1.37% | 3.27% | 6.27% | 1.40% |
| Q1 2026 | 4.51% | 1.38% | 3.21% | 6.19% | 1.48% |
| Q2 2026 | 4.65% | 1.38% | 3.33% | 6.34% | 1.45% |
Peoples State Bank of Munising yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Peoples State Bank of Munising, 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 Peoples State Bank of Munising profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15165) · FFIEC NIC profile (RSSD 262956)