ConnectOne 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.
Compared with Q1 2026, Total interest expense rose 5.3% in Q2 2026 to $75.0M, the biggest move on this page. ConnectOne Bank ranks 17th of 49 New Jersey banks on net interest margin, in the upper half at 3.54% (Q2 2026). At 3.54%, ConnectOne Bank's net interest margin is close to the 3.60% median for banks in the $10B-100B asset tier (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.77% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.41% |
| Cost of interest-bearing deposits | 3.03% |
| Cost of interest-bearing liabilities | 3.02% |
| Cost of borrowings | 2.66% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.54% |
| Yield to cost spread | 2.75% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $176.2M |
| Total interest expense | $75.0M |
| Interest expense on deposits | $69.6M |
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 | 5.47% | 2.89% | 2.83% |
| Q4 2023 | 5.45% | 3.16% | 2.68% |
| Q1 2024 | 5.59% | 3.19% | 2.67% |
| Q2 2024 | 5.68% | 3.20% | 2.76% |
| Q3 2024 | 5.69% | 3.24% | 2.73% |
| Q4 2024 | 5.65% | 2.97% | 2.93% |
| Q1 2025 | 5.45% | 2.73% | 2.94% |
| Q2 2025 | 5.61% | 2.60% | 3.18% |
| Q3 2025 | 5.73% | 2.60% | 3.31% |
| Q4 2025 | 5.73% | 2.48% | 3.42% |
| Q1 2026 | 5.64% | 2.34% | 3.47% |
| Q2 2026 | 5.77% | 2.41% | 3.54% |
ConnectOne 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 ConnectOne 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 ConnectOne Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 57919) · FFIEC NIC profile (RSSD 3317932)