Bayfirst National 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.
The standout move of Q2 2026 was in Total interest expense: 13.2% lower than in Q1 2026, at $6.8M. Within Florida, Bayfirst National Bank is 53rd of 79 on net interest margin, 3.50% as of Q2 2026, below the middle of the field. Bayfirst National Bank reported 3.50% on net interest margin for Q2 2026, 0.21 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.02% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.63% |
| Cost of interest-bearing deposits | 2.97% |
| Cost of interest-bearing liabilities | 2.97% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.50% |
| Yield to cost spread | 3.05% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $14.8M |
| Total interest expense | $6.8M |
| Interest expense on deposits | $6.8M |
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 |
|---|---|---|---|
| Q3 2023 | 7.07% | 3.74% | 3.42% |
| Q4 2023 | 7.41% | 4.02% | 3.54% |
| Q1 2024 | 7.45% | 4.10% | 3.44% |
| Q2 2024 | 7.59% | 4.20% | 3.46% |
| Q3 2024 | 7.61% | 4.29% | 3.40% |
| Q4 2024 | 7.40% | 3.84% | 3.66% |
| Q1 2025 | 7.00% | 3.36% | 3.76% |
| Q2 2025 | 7.39% | 3.39% | 4.09% |
| Q3 2025 | 7.01% | 3.40% | 3.68% |
| Q4 2025 | 6.93% | 3.20% | 3.63% |
| Q1 2026 | 6.23% | 2.85% | 3.41% |
| Q2 2026 | 6.02% | 2.63% | 3.50% |
Bayfirst National 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 Bayfirst National 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 Bayfirst National Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 34997) · FFIEC NIC profile (RSSD 2771694)