Covington County 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, Net interest margin rose 0.23 percentage points in Q2 2026 to 4.72%, the biggest move on this page. Covington County Bank ranks 11th of 57 Mississippi banks on net interest margin, in the upper half at 4.72% (Q2 2026). Covington County Bank reported 4.72% on net interest margin for Q2 2026, 0.77 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.49% |
| Yield on loans | 7.62% |
| Yield on securities | 2.09% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.10% |
| Cost of interest-bearing deposits | 2.37% |
| Cost of interest-bearing liabilities | 2.37% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.72% |
| Yield to cost spread | 4.12% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.5M |
| Total interest expense | $458K |
| Interest expense on deposits | $458K |
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 | 6.48% | 1.62% | 4.93% | 8.03% | 2.39% |
| Q4 2023 | 6.32% | 1.81% | 4.64% | 7.67% | 2.41% |
| Q1 2024 | 6.11% | 1.80% | 4.52% | 7.09% | 3.16% |
| Q2 2024 | 6.33% | 2.29% | 4.39% | 7.54% | 2.42% |
| Q3 2024 | 6.47% | 2.44% | 4.43% | 7.68% | 2.33% |
| Q4 2024 | 6.39% | 2.46% | 4.34% | 7.57% | 2.30% |
| Q1 2025 | 6.10% | 2.27% | 4.20% | 7.28% | 3.33% |
| Q2 2025 | 6.43% | 2.31% | 4.49% | 7.67% | 2.04% |
| Q3 2025 | 6.26% | 2.24% | 4.34% | 7.36% | 2.09% |
| Q4 2025 | 6.38% | 2.22% | 4.52% | 7.64% | 2.13% |
| Q1 2026 | 6.36% | 2.17% | 4.49% | 7.53% | 2.10% |
| Q2 2026 | 6.49% | 2.10% | 4.72% | 7.62% | 2.09% |
Covington County 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 Covington County 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 Covington County Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 21998) · FFIEC NIC profile (RSSD 697035)