Perennial 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.
In Q2 2026, Net interest margin edged up by 0.10 percentage points, from 2.93% to 3.03%, the largest move among the key lines here. Perennial Bank has the 18th lowest net interest margin of the 221 banks headquartered in Minnesota, at 3.03% as of Q2 2026. Perennial Bank reported 3.03% on net interest margin for Q2 2026, 0.92 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.17% |
| Yield on loans | 5.78% |
| Yield on securities | 2.76% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.25% |
| Cost of interest-bearing deposits | 1.74% |
| Cost of interest-bearing liabilities | 1.74% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.03% |
| Yield to cost spread | 2.43% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $900K |
| Total interest expense | $439K |
| Interest expense on deposits | $439K |
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 | 3.38% | 0.77% | 2.66% | 5.18% | 1.94% |
| Q4 2023 | 3.55% | 0.87% | 2.75% | 5.28% | 2.01% |
| Q1 2024 | 3.55% | 0.98% | 2.65% | 5.33% | 2.04% |
| Q2 2024 | 3.64% | 1.13% | 2.60% | 5.53% | 2.10% |
| Q3 2024 | 3.84% | 1.19% | 2.76% | 5.68% | 2.14% |
| Q4 2024 | 3.99% | 1.21% | 2.88% | 5.77% | 2.09% |
| Q1 2025 | 3.89% | 1.21% | 2.78% | 5.67% | 2.25% |
| Q2 2025 | 4.10% | 1.24% | 2.95% | 5.87% | 2.27% |
| Q3 2025 | 4.14% | 1.30% | 2.96% | 5.89% | 2.37% |
| Q4 2025 | 4.24% | 1.33% | 3.03% | 5.98% | 2.50% |
| Q1 2026 | 4.10% | 1.28% | 2.93% | 5.81% | 2.62% |
| Q2 2026 | 4.17% | 1.25% | 3.03% | 5.78% | 2.76% |
Perennial 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 Perennial 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 Perennial Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1413) · FFIEC NIC profile (RSSD 344852)