State Bank of Bellingham: 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 largest change between Q2 2026 and Q3 2026 was in Cost of borrowings, which fell 0.51 percentage points to 4.44%. On net interest margin, State Bank of Bellingham is 3rd from the bottom among 221 Minnesota banks, 1.87% (Q3 2026). State Bank of Bellingham's net interest margin of 1.87% is well below the 3.89% median for banks in the < $100M asset tier, a gap of 2.02 points (Q3 2026); the peer median is as of Q2 2026.
Asset yields
| Line item | Q3 2026 |
|---|---|
| Yield on earning assets | 4.36% |
| Yield on loans | 5.84% |
| Yield on securities | 2.73% |
Funding costs
| Line item | Q3 2026 |
|---|---|
| Cost of funds | 2.77% |
| Cost of interest-bearing deposits | 3.00% |
| Cost of interest-bearing liabilities | 3.09% |
| Cost of borrowings | 4.44% |
Spread and margin
| Line item | Q3 2026 |
|---|---|
| Net interest margin | 1.87% |
| Yield to cost spread | 1.27% |
Interest income and expense
| Line item | Q3 2026 |
|---|---|
| Interest income on loans | $326K |
| Total interest expense | $280K |
| Interest expense on deposits | $255K |
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 |
|---|---|---|---|---|---|
| Q4 2023 | 4.91% | 2.76% | 2.27% | 5.82% | 3.50% |
| Q1 2024 | 4.72% | 2.99% | 1.95% | 5.75% | 3.18% |
| Q2 2024 | 5.05% | 2.99% | 1.95% | 6.52% | 2.86% |
| Q3 2024 | 5.27% | 2.82% | 2.14% | 6.45% | 3.53% |
| Q4 2024 | 6.73% | 2.86% | 3.57% | 8.92% | 3.89% |
| Q1 2025 | 4.82% | 2.88% | 1.89% | 6.24% | 3.01% |
| Q2 2025 | 4.91% | 3.36% | 1.80% | 6.35% | 3.11% |
| Q3 2025 | 5.04% | 3.06% | 2.25% | 6.49% | 3.16% |
| Q4 2025 | 4.85% | 2.98% | 2.10% | 6.39% | 3.02% |
| Q1 2026 | 4.68% | 2.87% | 2.05% | 6.20% | 3.07% |
| Q2 2026 | 4.69% | 2.90% | 2.08% | 6.25% | 3.03% |
| Q3 2026 | 4.36% | 2.77% | 1.87% | 5.84% | 2.73% |
State Bank of Bellingham yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock State Bank of Bellingham, 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 State Bank of Bellingham profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 17062) · FFIEC NIC profile (RSSD 272058)