Western Dakota 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 0.36 percentage points to 3.38%. Western Dakota Bank ranks 42nd of 56 South Dakota banks on net interest margin, in the lower half at 3.38% (Q2 2026). Western Dakota Bank reported 3.38% on net interest margin for Q2 2026, 0.51 points below the 3.89% median for banks in the < $100M asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.02% |
| Yield on loans | 7.21% |
| Yield on securities | 3.11% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.67% |
| Cost of interest-bearing deposits | 2.25% |
| Cost of interest-bearing liabilities | 2.25% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.38% |
| Yield to cost spread | 2.77% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $472K |
| Total interest expense | $330K |
| Interest expense on deposits | $330K |
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 | 4.50% | 1.27% | 3.25% | 6.35% | 1.61% |
| Q4 2023 | 4.81% | 1.29% | 3.57% | 6.56% | 1.57% |
| Q1 2024 | 4.80% | 1.38% | 3.44% | 6.72% | 1.59% |
| Q2 2024 | 5.20% | 1.51% | 3.68% | 6.93% | 1.75% |
| Q3 2024 | 5.34% | 1.66% | 3.70% | 7.49% | 1.67% |
| Q4 2024 | 5.30% | 1.59% | 3.74% | 7.30% | 2.00% |
| Q1 2025 | 4.91% | 1.55% | 3.36% | 7.15% | 1.95% |
| Q2 2025 | 5.30% | 1.83% | 3.50% | 7.25% | 2.15% |
| Q3 2025 | 5.28% | 1.94% | 3.40% | 7.36% | 2.75% |
| Q4 2025 | 5.13% | 1.80% | 3.43% | 7.36% | 2.69% |
| Q1 2026 | 4.62% | 1.63% | 3.02% | 7.23% | 3.09% |
| Q2 2026 | 5.02% | 1.67% | 3.38% | 7.21% | 3.11% |
Western Dakota 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 Western Dakota 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 Western Dakota Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 492) · FFIEC NIC profile (RSSD 128258)