Bank Independent: 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 loans dropped 1.18 percentage points in Q2 2026, from 7.50% to 6.31%. It was the largest change from Q1 2026 among the key lines here. Bank Independent ranks 37th of 93 Alabama banks on net interest margin, in the upper half at 4.07% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Bank Independent sits 0.36 points higher, at 4.07% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.48% |
| Yield on loans | 6.16% |
| Yield on securities | 3.53% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.24% |
| Cost of interest-bearing deposits | 1.81% |
| Cost of interest-bearing liabilities | 1.84% |
| Cost of borrowings | 2.68% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.07% |
| Yield to cost spread | 3.64% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $29.2M |
| Total interest expense | $9.3M |
| Interest expense on deposits | $9.0M |
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 | 5.83% | 1.08% | 4.58% | 6.83% | 1.44% |
| Q4 2023 | 6.68% | 1.51% | 4.95% | 7.94% | 1.48% |
| Q1 2024 | 6.28% | 1.63% | 4.48% | 7.26% | 1.60% |
| Q2 2024 | 6.40% | 1.63% | 4.58% | 7.37% | 1.67% |
| Q3 2024 | 6.49% | 1.66% | 4.69% | 7.45% | 1.59% |
| Q4 2024 | 6.34% | 1.46% | 4.68% | 7.29% | 1.93% |
| Q1 2025 | 6.16% | 1.41% | 4.59% | 7.12% | 2.47% |
| Q2 2025 | 6.43% | 1.39% | 4.85% | 7.39% | 2.86% |
| Q3 2025 | 6.34% | 1.44% | 4.74% | 7.31% | 3.09% |
| Q4 2025 | 6.19% | 1.39% | 4.63% | 7.23% | 3.31% |
| Q1 2026 | 6.10% | 1.29% | 4.65% | 7.18% | 3.40% |
| Q2 2026 | 5.48% | 1.24% | 4.07% | 6.16% | 3.53% |
Bank Independent yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Bank Independent, 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 Bank Independent profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16604) · FFIEC NIC profile (RSSD 539032)