ChoiceOne 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.
Total interest expense rose 3.8% from Q1 2026 to Q2 2026, ending at $16.6M against $16.0M. It was the largest change among the key lines on this page. Within Michigan, ChoiceOne Bank is 53rd of 72 on net interest margin, 3.66% as of Q2 2026. At 3.66%, ChoiceOne Bank's net interest margin is close to the 3.71% median for banks in the $1B-10B asset tier (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.28% |
| Yield on loans | 6.19% |
| Yield on securities | 2.63% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.72% |
| Cost of interest-bearing deposits | 2.12% |
| Cost of interest-bearing liabilities | 2.25% |
| Cost of borrowings | 3.87% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.66% |
| Yield to cost spread | 3.03% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $46.3M |
| Total interest expense | $16.6M |
| Interest expense on deposits | $14.3M |
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 | 4.33% | 1.61% | 2.74% | 5.56% | 2.38% |
| Q4 2023 | 4.55% | 1.79% | 2.76% | 5.82% | 2.36% |
| Q1 2024 | 4.61% | 1.86% | 2.74% | 5.88% | 2.40% |
| Q2 2024 | 4.81% | 1.81% | 3.02% | 6.12% | 2.39% |
| Q3 2024 | 5.01% | 1.75% | 3.27% | 6.37% | 2.37% |
| Q4 2024 | 4.83% | 1.76% | 3.08% | 6.23% | 2.34% |
| Q1 2025 | 5.14% | 1.56% | 3.46% | 6.46% | 2.28% |
| Q2 2025 | 5.45% | 1.78% | 3.76% | 6.34% | 2.37% |
| Q3 2025 | 5.50% | 1.74% | 3.85% | 6.44% | 2.39% |
| Q4 2025 | 5.37% | 1.77% | 3.71% | 6.30% | 2.50% |
| Q1 2026 | 5.24% | 1.66% | 3.67% | 6.13% | 2.59% |
| Q2 2026 | 5.28% | 1.72% | 3.66% | 6.19% | 2.63% |
ChoiceOne 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 ChoiceOne 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 ChoiceOne Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1014) · FFIEC NIC profile (RSSD 324340)