Platinum 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 rose 4.6% in Q2 2026 to $4.6M, the biggest move on this page. Platinum Bank ranks 81st of 221 Minnesota banks on net interest margin, in the upper half at 4.26% (Q2 2026). Platinum Bank reported 4.26% on net interest margin for Q2 2026, 0.32 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.86% |
| Yield on loans | 7.13% |
| Yield on securities | 3.66% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.70% |
| Cost of interest-bearing deposits | 3.06% |
| Cost of interest-bearing liabilities | 3.46% |
| Cost of borrowings | 4.19% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.26% |
| Yield to cost spread | 3.40% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.4M |
| Total interest expense | $4.6M |
| Interest expense on deposits | $3.5M |
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 | 6.43% | 2.90% | 3.72% | 6.88% | 3.25% |
| Q4 2023 | 6.58% | 3.27% | 3.54% | 7.00% | 3.28% |
| Q1 2024 | 6.71% | 3.53% | 3.46% | 7.12% | 3.29% |
| Q2 2024 | 6.84% | 3.58% | 3.45% | 7.28% | 3.32% |
| Q3 2024 | 7.11% | 3.59% | 3.63% | 7.67% | 3.36% |
| Q4 2024 | 6.93% | 3.25% | 3.86% | 7.39% | 3.37% |
| Q1 2025 | 6.65% | 3.10% | 3.74% | 6.99% | 3.56% |
| Q2 2025 | 6.89% | 3.27% | 3.93% | 7.19% | 3.72% |
| Q3 2025 | 6.88% | 3.27% | 3.87% | 7.22% | 3.78% |
| Q4 2025 | 6.73% | 2.96% | 3.93% | 7.21% | 3.78% |
| Q1 2026 | 6.69% | 2.71% | 4.15% | 6.93% | 3.74% |
| Q2 2026 | 6.86% | 2.70% | 4.26% | 7.13% | 3.66% |
Platinum 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 Platinum 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 Platinum Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58511) · FFIEC NIC profile (RSSD 3538009)