Bank of the James: 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.
The largest change between Q1 2026 and Q2 2026 was in Net interest margin, which rose 0.15 percentage points to 3.81%. Within Virginia, Bank of the James is 30th of 56 on net interest margin, 3.81% as of Q2 2026, below the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin; Bank of the James reported 3.81% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.98% |
| Yield on loans | 5.83% |
| Yield on securities | 2.80% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.22% |
| Cost of interest-bearing deposits | 1.44% |
| Cost of interest-bearing liabilities | 1.44% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.81% |
| Yield to cost spread | 3.54% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $9.7M |
| Total interest expense | $2.9M |
| Interest expense on deposits | $2.9M |
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 | 4.54% | 1.18% | 3.39% | 5.33% | 2.16% |
| Q4 2023 | 4.69% | 1.34% | 3.39% | 5.44% | 2.53% |
| Q1 2024 | 4.65% | 1.52% | 3.17% | 5.39% | 2.70% |
| Q2 2024 | 4.98% | 1.63% | 3.39% | 5.52% | 3.37% |
| Q3 2024 | 4.94% | 1.72% | 3.29% | 5.81% | 2.30% |
| Q4 2024 | 5.01% | 1.64% | 3.44% | 5.77% | 2.91% |
| Q1 2025 | 4.72% | 1.45% | 3.32% | 5.59% | 2.39% |
| Q2 2025 | 4.90% | 1.39% | 3.55% | 5.79% | 2.54% |
| Q3 2025 | 5.07% | 1.47% | 3.65% | 5.85% | 3.10% |
| Q4 2025 | 5.00% | 1.41% | 3.65% | 5.81% | 3.10% |
| Q1 2026 | 4.87% | 1.25% | 3.66% | 5.75% | 3.04% |
| Q2 2026 | 4.98% | 1.22% | 3.81% | 5.83% | 2.80% |
Bank of the James 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 of the James, 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 of the James profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 35207) · FFIEC NIC profile (RSSD 2787770)