Apple 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.
Compared with Q1 2026, Total interest expense rose 4.1% in Q2 2026 to $117.5M, the biggest move on this page. Within New York, Apple Bank is 93rd of 105 on net interest margin, 2.29% as of Q2 2026. The median for banks in the $10B-100B asset tier is 3.59% on net interest margin. Apple Bank sits 1.30 points lower, at 2.29% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.79% |
| Yield on loans | 5.08% |
| Yield on securities | 4.06% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.65% |
| Cost of interest-bearing deposits | 2.80% |
| Cost of interest-bearing liabilities | 2.91% |
| Cost of borrowings | 4.02% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.29% |
| Yield to cost spread | 1.88% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $168.5M |
| Total interest expense | $117.5M |
| Interest expense on deposits | $101.3M |
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 | 5.05% | 2.48% | 2.72% | 5.08% | 3.36% |
| Q4 2023 | 5.15% | 2.71% | 2.61% | 5.18% | 3.43% |
| Q1 2024 | 5.15% | 2.98% | 2.36% | 5.40% | 4.20% |
| Q2 2024 | 5.22% | 3.16% | 2.27% | 5.46% | 4.41% |
| Q3 2024 | 5.32% | 3.27% | 2.26% | 5.59% | 4.43% |
| Q4 2024 | 5.11% | 3.14% | 2.18% | 5.43% | 4.11% |
| Q1 2025 | 4.80% | 2.88% | 2.11% | 5.07% | 3.99% |
| Q2 2025 | 4.95% | 2.88% | 2.26% | 5.21% | 4.10% |
| Q3 2025 | 4.97% | 2.96% | 2.20% | 5.24% | 4.06% |
| Q4 2025 | 4.93% | 2.83% | 2.27% | 5.22% | 4.04% |
| Q1 2026 | 4.71% | 2.62% | 2.24% | 5.00% | 3.90% |
| Q2 2026 | 4.79% | 2.65% | 2.29% | 5.08% | 4.06% |
Apple 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 Apple 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 Apple Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16068) · FFIEC NIC profile (RSSD 249612)