The Citizens 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 largest change between Q1 2026 and Q2 2026 was in Total interest expense, which rose 5.8% to $1.5M. The Citizens Bank ranks 24th of 29 New Mexico banks on net interest margin, in the lower half at 3.89% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin; The Citizens Bank reported 3.89% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.66% |
| Yield on loans | 6.41% |
| Yield on securities | 3.46% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.84% |
| Cost of interest-bearing deposits | 0.99% |
| Cost of interest-bearing liabilities | 1.15% |
| Cost of borrowings | 2.47% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.89% |
| Yield to cost spread | 3.51% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.0M |
| Total interest expense | $1.5M |
| Interest expense on deposits | $1.1M |
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 | 3.61% | 0.99% | 2.71% | 5.74% | 2.50% |
| Q4 2023 | 3.84% | 1.17% | 2.80% | 6.00% | 2.44% |
| Q1 2024 | 4.10% | 1.27% | 2.96% | 5.97% | 2.41% |
| Q2 2024 | 4.23% | 1.25% | 3.09% | 6.27% | 2.50% |
| Q3 2024 | 4.33% | 1.27% | 3.18% | 6.40% | 2.62% |
| Q4 2024 | 4.48% | 1.07% | 3.50% | 6.57% | 2.90% |
| Q1 2025 | 4.53% | 0.92% | 3.68% | 6.50% | 3.11% |
| Q2 2025 | 4.55% | 0.95% | 3.67% | 6.45% | 3.14% |
| Q3 2025 | 4.66% | 0.92% | 3.81% | 6.57% | 3.23% |
| Q4 2025 | 4.63% | 0.91% | 3.80% | 6.56% | 3.22% |
| Q1 2026 | 4.58% | 0.81% | 3.83% | 6.37% | 3.29% |
| Q2 2026 | 4.66% | 0.84% | 3.89% | 6.41% | 3.46% |
The Citizens 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 Citizens 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 Citizens Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1164) · FFIEC NIC profile (RSSD 961259)