The Union 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 standout move of Q2 2026 was in Total interest expense: 8.4% lower than in Q1 2026, at $1.3M. The Union Bank ranks 11th of 60 North Dakota banks on net interest margin, in the upper half at 4.30% (Q2 2026). The Union Bank reported 4.30% on net interest margin for Q2 2026, 0.35 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.95% |
| Yield on loans | 6.61% |
| Yield on securities | 4.52% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.78% |
| Cost of interest-bearing deposits | 2.24% |
| Cost of interest-bearing liabilities | 2.18% |
| Cost of borrowings | 3.08% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.30% |
| Yield to cost spread | 3.77% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.2M |
| Total interest expense | $1.3M |
| Interest expense on deposits | $1.3M |
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 | 5.34% | 1.43% | 4.00% | 6.03% | 3.43% |
| Q4 2023 | 5.51% | 1.84% | 3.75% | 6.11% | 3.82% |
| Q1 2024 | 5.51% | 1.93% | 3.68% | 6.11% | 4.13% |
| Q2 2024 | 5.78% | 2.10% | 3.79% | 6.37% | 4.42% |
| Q3 2024 | 5.66% | 2.29% | 3.53% | 6.50% | 3.66% |
| Q4 2024 | 5.77% | 2.16% | 3.74% | 6.62% | 3.50% |
| Q1 2025 | 5.77% | 2.16% | 3.75% | 6.49% | 4.46% |
| Q2 2025 | 6.18% | 2.07% | 4.26% | 6.96% | 4.70% |
| Q3 2025 | 6.12% | 2.21% | 4.06% | 6.88% | 4.71% |
| Q4 2025 | 6.17% | 2.02% | 4.30% | 7.08% | 4.40% |
| Q1 2026 | 5.96% | 1.87% | 4.22% | 6.71% | 4.60% |
| Q2 2026 | 5.95% | 1.78% | 4.30% | 6.61% | 4.52% |
The Union 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 The Union 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 The Union Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 9420) · FFIEC NIC profile (RSSD 852254)