First Bank of Alabama: 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 Cost of borrowings: 3.23 percentage points higher than in Q1 2026, at 3.23%. Within Alabama, First Bank of Alabama is 40th of 93 on net interest margin, 3.96% as of Q2 2026, above the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. First Bank of Alabama sits 0.25 points higher, at 3.96% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.56% |
| Yield on loans | 6.58% |
| Yield on securities | 3.82% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.69% |
| Cost of interest-bearing deposits | 2.02% |
| Cost of interest-bearing liabilities | 2.02% |
| Cost of borrowings | 3.23% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.96% |
| Yield to cost spread | 3.54% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $13.4M |
| Total interest expense | $5.2M |
| Interest expense on deposits | $5.2M |
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 | 5.58% | 2.18% | 3.52% | 6.63% | 2.86% |
| Q4 2023 | 5.87% | 2.38% | 3.60% | 6.91% | 2.86% |
| Q1 2024 | 5.86% | 2.34% | 3.49% | 6.95% | 2.86% |
| Q2 2024 | 6.10% | 2.59% | 3.64% | 7.22% | 3.31% |
| Q3 2024 | 5.99% | 2.64% | 3.48% | 7.12% | 3.18% |
| Q4 2024 | 5.96% | 2.31% | 3.75% | 6.99% | 3.81% |
| Q1 2025 | 5.85% | 2.04% | 3.88% | 7.08% | 3.34% |
| Q2 2025 | 5.95% | 2.29% | 3.86% | 7.12% | 3.43% |
| Q3 2025 | 6.03% | 1.81% | 4.00% | 7.21% | 3.43% |
| Q4 2025 | 5.87% | 1.89% | 4.09% | 6.47% | 3.55% |
| Q1 2026 | 6.17% | 1.73% | 4.50% | 7.56% | 3.59% |
| Q2 2026 | 5.56% | 1.69% | 3.96% | 6.58% | 3.82% |
First Bank of Alabama yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock First Bank of Alabama, 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 First Bank of Alabama profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 2832) · FFIEC NIC profile (RSSD 257233)