State Bank of Jeffers: 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 Q1 2026 and Q2 2026 was in Cost of funds, which fell 0.27 percentage points to 0.85%. Within Minnesota, State Bank of Jeffers is 65th of 221 on net interest margin, 4.37% as of Q2 2026, above the middle of the field. State Bank of Jeffers reported 4.37% on net interest margin for Q2 2026, 0.48 points above the 3.89% median for banks in the < $100M asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.22% |
| Yield on loans | 6.72% |
| Yield on securities | 3.86% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.85% |
| Cost of interest-bearing deposits | 1.55% |
| Cost of interest-bearing liabilities | 1.55% |
| Cost of borrowings | 0.00% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.37% |
| Yield to cost spread | 3.67% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $333K |
| Total interest expense | $82K |
| Interest expense on deposits | $82K |
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 | 4.85% | 0.69% | 4.21% | 5.70% | 3.34% |
| Q4 2023 | 5.35% | 0.77% | 4.62% | 6.07% | 3.82% |
| Q1 2024 | 5.69% | 1.07% | 4.76% | 6.53% | 4.04% |
| Q2 2024 | 5.91% | 1.33% | 4.70% | 6.87% | 4.08% |
| Q3 2024 | 5.92% | 1.48% | 4.60% | 6.97% | 4.04% |
| Q4 2024 | 5.70% | 1.39% | 4.44% | 7.04% | 3.86% |
| Q1 2025 | 5.52% | 1.23% | 4.41% | 6.85% | 3.79% |
| Q2 2025 | 5.57% | 1.27% | 4.44% | 6.79% | 3.89% |
| Q3 2025 | 5.65% | 1.26% | 4.54% | 6.95% | 3.92% |
| Q4 2025 | 5.35% | 1.24% | 4.31% | 6.89% | 3.95% |
| Q1 2026 | 5.29% | 1.12% | 4.33% | 6.76% | 3.85% |
| Q2 2026 | 5.22% | 0.85% | 4.37% | 6.72% | 3.86% |
State Bank of Jeffers 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 Jeffers, 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 Jeffers profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10200) · FFIEC NIC profile (RSSD 1014255)