Empire State 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 fell 4.0% to $3.0M. Within New York, Empire State Bank is 71st of 105 on net interest margin, 3.29% as of Q2 2026. Empire State Bank reported 3.29% on net interest margin for Q2 2026, 0.65 points below the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.32% |
| Yield on loans | 5.53% |
| Yield on securities | 3.30% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.20% |
| Cost of interest-bearing deposits | 2.55% |
| Cost of interest-bearing liabilities | 2.70% |
| Cost of borrowings | 4.12% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.29% |
| Yield to cost spread | 2.62% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $7.4M |
| Total interest expense | $3.0M |
| Interest expense on deposits | $2.6M |
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 | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.78% | 2.14% | 2.81% | 4.83% | 2.72% |
| Q4 2023 | 4.92% | 2.69% | 2.43% | 4.96% | 2.76% |
| Q1 2024 | 5.03% | 2.96% | 2.27% | 5.08% | 2.91% |
| Q2 2024 | 5.16% | 3.01% | 2.36% | 5.20% | 3.12% |
| Q3 2024 | 5.13% | 2.91% | 2.43% | 5.17% | 3.88% |
| Q4 2024 | 5.17% | 2.72% | 2.63% | 5.24% | 3.93% |
| Q1 2025 | 5.18% | 2.54% | 2.81% | 5.26% | 3.73% |
| Q2 2025 | 5.17% | 2.58% | 2.78% | 5.27% | 3.71% |
| Q3 2025 | 5.25% | 2.51% | 2.92% | 5.35% | 3.54% |
| Q4 2025 | 5.21% | 2.44% | 2.95% | 5.35% | 3.44% |
| Q1 2026 | 5.32% | 2.24% | 3.25% | 5.54% | 3.41% |
| Q2 2026 | 5.32% | 2.20% | 3.29% | 5.53% | 3.30% |
Empire State 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 Empire State 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 Empire State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 57672) · FFIEC NIC profile (RSSD 3277241)