Stearns Bank N.A.: 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 standout move of Q2 2026 was in Yield on securities: 1.37 percentage points lower than in Q1 2026, at 4.83%. On net interest margin, Stearns Bank N.A. ranks 4th highest among the 221 banks headquartered in Minnesota, at 5.99% (Q2 2026). Stearns Bank N.A.'s net interest margin of 5.99% is well above the 3.71% median for banks in the $1B-10B asset tier, a gap of 2.28 points (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 8.63% |
| Yield on loans | 9.10% |
| Yield on securities | 4.83% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.14% |
| Cost of interest-bearing deposits | 3.33% |
| Cost of interest-bearing liabilities | 3.33% |
| Cost of borrowings | 4.03% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.99% |
| Yield to cost spread | 5.30% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $64.1M |
| Total interest expense | $20.8M |
| Interest expense on deposits | $19.0M |
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 | 8.54% | 3.81% | 5.59% | 9.29% | 6.31% |
| Q4 2023 | 9.78% | 4.05% | 6.58% | 10.31% | 3.74% |
| Q1 2024 | 9.02% | 4.03% | 5.80% | 9.45% | 4.73% |
| Q2 2024 | 9.50% | 4.04% | 6.21% | 9.87% | 4.97% |
| Q3 2024 | 9.63% | 3.97% | 6.38% | 10.08% | 4.60% |
| Q4 2024 | 9.33% | 3.60% | 6.38% | 9.84% | 4.74% |
| Q1 2025 | 9.01% | 3.38% | 6.22% | 9.47% | 5.10% |
| Q2 2025 | 9.22% | 3.42% | 6.33% | 9.69% | 5.24% |
| Q3 2025 | 8.97% | 3.41% | 6.10% | 9.37% | 5.26% |
| Q4 2025 | 9.35% | 3.29% | 6.62% | 9.73% | 7.98% |
| Q1 2026 | 8.38% | 3.08% | 5.84% | 8.81% | 6.20% |
| Q2 2026 | 8.63% | 3.14% | 5.99% | 9.10% | 4.83% |
Stearns Bank N.A. yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Stearns Bank N.A., 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 Stearns Bank N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10988) · FFIEC NIC profile (RSSD 141556)