Baybank: 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, Net interest margin rose 0.17 percentage points in Q2 2026 to 4.83%, the biggest move on this page. Within Michigan, Baybank is 10th of 72 on net interest margin, 4.83% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. Baybank sits 0.89 points higher, at 4.83% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.61% |
| Yield on loans | 7.62% |
| Yield on securities | 1.86% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.91% |
| Cost of interest-bearing deposits | 1.97% |
| Cost of interest-bearing liabilities | 2.11% |
| Cost of borrowings | 4.04% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.83% |
| Yield to cost spread | 4.50% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.6M |
| Total interest expense | $732K |
| Interest expense on deposits | $641K |
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 | 5.53% | 1.73% | 3.80% | 6.71% | 1.92% |
| Q4 2023 | 5.74% | 1.92% | 3.84% | 6.89% | 1.93% |
| Q1 2024 | 4.69% | 1.95% | 3.13% | 5.21% | 1.87% |
| Q2 2024 | 6.18% | 2.07% | 4.21% | 7.19% | 2.05% |
| Q3 2024 | 6.29% | 2.11% | 4.29% | 7.34% | 1.88% |
| Q4 2024 | 6.40% | 2.27% | 4.27% | 7.49% | 1.81% |
| Q1 2025 | 6.18% | 2.23% | 4.09% | 7.28% | 1.79% |
| Q2 2025 | 6.48% | 2.16% | 4.45% | 7.57% | 1.97% |
| Q3 2025 | 6.61% | 2.00% | 4.74% | 7.76% | 1.83% |
| Q4 2025 | 6.59% | 1.97% | 4.76% | 7.69% | 1.87% |
| Q1 2026 | 6.46% | 1.91% | 4.66% | 7.56% | 1.81% |
| Q2 2026 | 6.61% | 1.91% | 4.83% | 7.62% | 1.86% |
Baybank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Baybank, 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 Baybank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1092) · FFIEC NIC profile (RSSD 242958)