Cross River 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 standout move of Q2 2026 was in Total interest expense: 9.7% higher than in Q1 2026, at $51.3M. Cross River Bank has the highest net interest margin of the 49 banks headquartered in New Jersey, 5.13% as of Q2 2026. Cross River Bank reported 5.13% on net interest margin for Q2 2026, 1.42 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 7.65% |
| Yield on loans | 8.91% |
| Yield on securities | 4.75% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.80% |
| Cost of interest-bearing deposits | 3.56% |
| Cost of interest-bearing liabilities | 3.54% |
| Cost of borrowings | 3.81% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.13% |
| Yield to cost spread | 4.11% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $128.9M |
| Total interest expense | $51.3M |
| Interest expense on deposits | $47.2M |
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 | 8.54% | 3.75% | 5.19% | 9.50% | 1.82% |
| Q4 2023 | 9.70% | 3.85% | 6.17% | 10.34% | 7.22% |
| Q1 2024 | 9.39% | 4.05% | 5.66% | 10.06% | 6.15% |
| Q2 2024 | 9.42% | 4.03% | 5.75% | 10.54% | 4.37% |
| Q3 2024 | 9.22% | 4.31% | 5.37% | 10.05% | 5.05% |
| Q4 2024 | 8.84% | 4.04% | 5.39% | 10.02% | 5.40% |
| Q1 2025 | 8.82% | 3.80% | 5.56% | 9.93% | 5.86% |
| Q2 2025 | 8.46% | 3.95% | 5.05% | 9.86% | 3.47% |
| Q3 2025 | 8.07% | 3.04% | 5.43% | 9.24% | 4.62% |
| Q4 2025 | 8.31% | 3.42% | 5.47% | 9.42% | 5.31% |
| Q1 2026 | 7.48% | 2.81% | 5.04% | 8.71% | 4.76% |
| Q2 2026 | 7.65% | 2.80% | 5.13% | 8.91% | 4.75% |
Cross River 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 Cross River 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 Cross River Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58410) · FFIEC NIC profile (RSSD 3783313)