The Andover 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.
Total interest expense fell 3.2% from Q1 2026 to Q2 2026, ending at $1.4M against $1.4M. It was the largest change among the key lines on this page. The Andover Bank ranks 120th of 156 Ohio banks on net interest margin, in the lower half at 3.15% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. The Andover Bank sits 0.80 points lower, at 3.15% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.07% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.99% |
| Cost of interest-bearing deposits | 1.34% |
| Cost of interest-bearing liabilities | 1.34% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.15% |
| Yield to cost spread | 2.73% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.7M |
| Total interest expense | $1.4M |
| Interest expense on deposits | $1.4M |
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 |
|---|---|---|---|
| Q3 2023 | 3.41% | 0.68% | 2.77% |
| Q4 2023 | 3.59% | 0.78% | 2.86% |
| Q1 2024 | 3.59% | 0.92% | 2.72% |
| Q2 2024 | 3.70% | 1.03% | 2.74% |
| Q3 2024 | 3.83% | 1.13% | 2.78% |
| Q4 2024 | 3.93% | 1.15% | 2.87% |
| Q1 2025 | 3.82% | 1.14% | 2.76% |
| Q2 2025 | 3.97% | 1.04% | 3.00% |
| Q3 2025 | 4.05% | 1.04% | 3.08% |
| Q4 2025 | 4.12% | 1.05% | 3.15% |
| Q1 2026 | 4.00% | 1.04% | 3.02% |
| Q2 2026 | 4.07% | 0.99% | 3.15% |
The Andover 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 Andover 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 Andover Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10663) · FFIEC NIC profile (RSSD 27614)