Essex 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 4.1% in Q2 2026 to $1.1M, the biggest move on this page. Within Connecticut, Essex Bank is 6th of 27 on net interest margin, 3.73% as of Q2 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Essex Bank sits 0.22 points lower, at 3.73% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.63% |
| Yield on loans | 5.12% |
| Yield on securities | 2.30% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.04% |
| Cost of interest-bearing deposits | 1.60% |
| Cost of interest-bearing liabilities | 1.59% |
| Cost of borrowings | 0.72% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.73% |
| Yield to cost spread | 3.04% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $4.8M |
| Total interest expense | $1.1M |
| Interest expense on deposits | $1.1M |
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 | 4.17% | 0.33% | 3.84% | 4.42% | 2.48% |
| Q4 2023 | 4.22% | 0.48% | 3.74% | 4.50% | 2.49% |
| Q1 2024 | 4.19% | 0.76% | 3.50% | 4.49% | 2.47% |
| Q2 2024 | 4.36% | 0.89% | 3.55% | 4.63% | 2.53% |
| Q3 2024 | 4.44% | 1.00% | 3.54% | 4.77% | 2.65% |
| Q4 2024 | 4.46% | 1.13% | 3.45% | 4.86% | 2.54% |
| Q1 2025 | 4.42% | 1.17% | 3.39% | 4.85% | 2.34% |
| Q2 2025 | 4.55% | 1.16% | 3.53% | 5.00% | 2.30% |
| Q3 2025 | 4.64% | 1.10% | 3.70% | 5.07% | 2.26% |
| Q4 2025 | 4.74% | 1.03% | 3.85% | 5.26% | 2.15% |
| Q1 2026 | 4.53% | 0.98% | 3.65% | 5.03% | 2.13% |
| Q2 2026 | 4.63% | 1.04% | 3.73% | 5.12% | 2.30% |
Essex 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 Essex 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 Essex Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 17262) · FFIEC NIC profile (RSSD 961400)