Sterling State 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.
The largest change between Q1 2026 and Q2 2026 was in Net interest margin, which rose 0.25 percentage points to 3.59%. Sterling State Bank ranks 166th of 221 Minnesota banks on net interest margin, in the lower half at 3.59% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. Sterling State Bank sits 0.35 points lower, at 3.59% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.92% |
| Yield on loans | 6.27% |
| Yield on securities | 1.89% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.43% |
| Cost of interest-bearing deposits | 1.57% |
| Cost of interest-bearing liabilities | 1.80% |
| Cost of borrowings | 2.92% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.59% |
| Yield to cost spread | 3.12% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $4.8M |
| Total interest expense | $1.5M |
| Interest expense on deposits | $1.1M |
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 | 3.65% | 1.86% | 1.88% | 5.17% | 1.85% |
| Q4 2023 | 3.80% | 1.91% | 1.97% | 5.37% | 1.95% |
| Q1 2024 | 3.95% | 1.94% | 2.08% | 5.47% | 1.87% |
| Q2 2024 | 4.03% | 1.89% | 2.23% | 5.54% | 1.86% |
| Q3 2024 | 4.15% | 2.00% | 2.26% | 5.78% | 1.89% |
| Q4 2024 | 4.32% | 1.96% | 2.46% | 5.86% | 1.92% |
| Q1 2025 | 4.35% | 1.79% | 2.64% | 5.77% | 2.08% |
| Q2 2025 | 4.46% | 1.90% | 2.66% | 5.96% | 2.21% |
| Q3 2025 | 4.58% | 1.89% | 2.80% | 6.08% | 2.18% |
| Q4 2025 | 4.65% | 1.54% | 3.21% | 6.02% | 1.87% |
| Q1 2026 | 4.69% | 1.46% | 3.34% | 6.06% | 1.85% |
| Q2 2026 | 4.92% | 1.43% | 3.59% | 6.27% | 1.89% |
Sterling State 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 Sterling State 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 Sterling State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 17863) · FFIEC NIC profile (RSSD 144155)