The Business 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: 19.1% higher than in Q1 2026, at $1.9M. On net interest margin, The Business Bank is 2nd from the bottom among 12 Vermont banks, 3.02% (Q2 2026). The Business Bank reported 3.02% on net interest margin for Q2 2026, 0.93 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.43% |
| Yield on loans | 6.14% |
| Yield on securities | 3.90% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.63% |
| Cost of interest-bearing deposits | 2.79% |
| Cost of interest-bearing liabilities | 2.79% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.02% |
| Yield to cost spread | 2.64% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.4M |
| Total interest expense | $1.9M |
| Interest expense on deposits | $1.9M |
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 | 5.44% | 3.28% | 2.83% | 6.70% | 4.61% |
| Q4 2023 | 5.57% | 3.29% | 2.87% | 6.82% | 4.51% |
| Q1 2024 | 5.48% | 3.80% | 2.29% | 6.58% | 4.22% |
| Q2 2024 | 5.52% | 4.01% | 2.04% | 6.62% | 4.24% |
| Q3 2024 | 5.55% | 4.05% | 1.88% | 6.63% | 4.36% |
| Q4 2024 | 5.34% | 3.46% | 2.17% | 6.38% | 4.29% |
| Q1 2025 | 5.12% | 3.09% | 2.27% | 5.94% | 4.23% |
| Q2 2025 | 5.23% | 3.06% | 2.39% | 6.14% | 4.11% |
| Q3 2025 | 5.30% | 2.99% | 2.45% | 6.19% | 4.09% |
| Q4 2025 | 5.23% | 2.65% | 2.79% | 6.10% | 4.00% |
| Q1 2026 | 5.37% | 2.51% | 3.10% | 6.06% | 3.83% |
| Q2 2026 | 5.43% | 2.63% | 3.02% | 6.14% | 3.90% |
The Business 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 The Business 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 The Business Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 59298) · FFIEC NIC profile (RSSD 5760662)