1st Security Bank of Washington: 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.
Yield on securities rose 0.29 percentage points from Q1 2026 to Q2 2026, ending at 3.96% against 3.67%. It was the largest change among the key lines on this page. Within Washington, 1st Security Bank of Washington is 6th of 29 on net interest margin, 4.42% as of Q2 2026, above the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. 1st Security Bank of Washington sits 0.71 points higher, at 4.42% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.54% |
| Yield on loans | 6.86% |
| Yield on securities | 3.96% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.30% |
| Cost of interest-bearing deposits | 2.94% |
| Cost of interest-bearing liabilities | 3.01% |
| Cost of borrowings | 3.92% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.42% |
| Yield to cost spread | 3.53% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $46.2M |
| Total interest expense | $16.1M |
| Interest expense on deposits | $13.9M |
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 | 6.21% | 1.89% | 4.47% | 6.58% | 3.62% |
| Q4 2023 | 6.27% | 2.06% | 4.37% | 6.68% | 3.56% |
| Q1 2024 | 6.29% | 2.15% | 4.33% | 6.66% | 3.89% |
| Q2 2024 | 6.46% | 2.32% | 4.35% | 6.76% | 4.16% |
| Q3 2024 | 6.61% | 2.37% | 4.46% | 6.91% | 3.93% |
| Q4 2024 | 6.55% | 2.35% | 4.41% | 6.89% | 3.87% |
| Q1 2025 | 6.46% | 2.30% | 4.35% | 6.77% | 3.93% |
| Q2 2025 | 6.52% | 2.34% | 4.37% | 6.90% | 3.80% |
| Q3 2025 | 6.68% | 2.40% | 4.48% | 7.04% | 4.19% |
| Q4 2025 | 6.63% | 2.36% | 4.46% | 7.00% | 4.02% |
| Q1 2026 | 6.45% | 2.29% | 4.35% | 6.81% | 3.67% |
| Q2 2026 | 6.54% | 2.30% | 4.42% | 6.86% | 3.96% |
1st Security Bank of Washington yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock 1st Security Bank of Washington, 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 1st Security Bank of Washington profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 57633) · FFIEC NIC profile (RSSD 1018927)