Commencement 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 5.1% from Q1 2026 to Q2 2026, ending at $2.2M against $2.1M. It was the largest change among the key lines on this page. Within Washington, Commencement Bank is 8th of 29 on net interest margin, 4.21% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. Commencement Bank sits 0.27 points higher, at 4.21% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.49% |
| Yield on loans | 6.22% |
| Yield on securities | 2.00% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.35% |
| Cost of interest-bearing deposits | 1.96% |
| Cost of interest-bearing liabilities | 1.96% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.21% |
| Yield to cost spread | 3.53% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $8.4M |
| Total interest expense | $2.2M |
| Interest expense on deposits | $2.2M |
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 | 4.70% | 1.52% | 3.29% | 5.39% | 2.20% |
| Q4 2023 | 4.95% | 1.73% | 3.33% | 5.65% | 2.29% |
| Q1 2024 | 5.02% | 1.85% | 3.23% | 5.57% | 2.51% |
| Q2 2024 | 5.26% | 1.98% | 3.33% | 5.84% | 2.48% |
| Q3 2024 | 5.14% | 1.97% | 3.30% | 5.85% | 2.07% |
| Q4 2024 | 5.24% | 1.71% | 3.66% | 5.96% | 2.18% |
| Q1 2025 | 5.21% | 1.50% | 3.79% | 5.86% | 2.36% |
| Q2 2025 | 5.38% | 1.57% | 3.89% | 6.01% | 2.38% |
| Q3 2025 | 5.61% | 1.58% | 4.14% | 6.28% | 2.51% |
| Q4 2025 | 5.47% | 1.45% | 4.13% | 6.19% | 2.38% |
| Q1 2026 | 5.32% | 1.31% | 4.08% | 6.05% | 2.06% |
| Q2 2026 | 5.49% | 1.35% | 4.21% | 6.22% | 2.00% |
Commencement 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 Commencement 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 Commencement Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58446) · FFIEC NIC profile (RSSD 3537897)