Ascend 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 rose 4.8% from Q1 2026 to Q2 2026, ending at $6.1M against $5.8M. It was the largest change among the key lines on this page. Within Connecticut, Ascend Bank is 14th of 27 on net interest margin, 3.41% as of Q2 2026. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Ascend Bank sits 0.30 points lower, at 3.41% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.15% |
| Yield on loans | 5.67% |
| Yield on securities | 2.70% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.83% |
| Cost of interest-bearing deposits | 2.11% |
| Cost of interest-bearing liabilities | 2.12% |
| Cost of borrowings | 3.57% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.41% |
| Yield to cost spread | 3.03% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $16.2M |
| Total interest expense | $6.1M |
| Interest expense on deposits | $6.0M |
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 | 4.00% | 1.53% | 2.59% | 4.56% | 2.12% |
| Q4 2023 | 4.15% | 1.87% | 2.43% | 4.68% | 2.10% |
| Q1 2024 | 4.33% | 2.12% | 2.37% | 4.91% | 2.04% |
| Q2 2024 | 4.37% | 2.17% | 2.37% | 4.95% | 2.09% |
| Q3 2024 | 4.51% | 2.30% | 2.38% | 5.11% | 2.12% |
| Q4 2024 | 4.56% | 2.16% | 2.56% | 5.12% | 2.39% |
| Q1 2025 | 4.50% | 2.03% | 2.62% | 5.10% | 2.31% |
| Q2 2025 | 4.70% | 1.98% | 2.85% | 5.24% | 2.53% |
| Q3 2025 | 5.13% | 2.03% | 3.21% | 5.68% | 2.57% |
| Q4 2025 | 5.25% | 1.91% | 3.43% | 5.79% | 2.67% |
| Q1 2026 | 5.10% | 1.80% | 3.39% | 5.61% | 2.55% |
| Q2 2026 | 5.15% | 1.83% | 3.41% | 5.67% | 2.70% |
Ascend 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 Ascend 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 Ascend Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 18194) · FFIEC NIC profile (RSSD 831008)