First Bank of Boaz: 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.
In Q2 2026, Cost of borrowings edged up by 0.25 percentage points, from 3.85% to 4.10%, the largest move among the key lines here. On net interest margin, First Bank of Boaz is 2nd from the bottom among 93 Alabama banks, 2.49% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First Bank of Boaz sits 1.46 points lower, at 2.49% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 3.98% |
| Yield on loans | 6.52% |
| Yield on securities | 3.05% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.85% |
| Cost of interest-bearing deposits | 2.51% |
| Cost of interest-bearing liabilities | 2.52% |
| Cost of borrowings | 4.10% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.49% |
| Yield to cost spread | 1.46% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.1M |
| Total interest expense | $966K |
| Interest expense on deposits | $940K |
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 | 3.77% | 1.71% | 2.36% | 6.20% | 3.01% |
| Q4 2023 | 3.81% | 1.91% | 2.25% | 6.35% | 3.01% |
| Q1 2024 | 3.86% | 2.07% | 2.19% | 6.43% | 3.00% |
| Q2 2024 | 4.08% | 2.14% | 2.36% | 6.48% | 3.14% |
| Q3 2024 | 4.56% | 2.20% | 2.57% | 6.64% | 3.64% |
| Q4 2024 | 4.54% | 2.02% | 2.68% | 6.62% | 3.65% |
| Q1 2025 | 3.96% | 1.93% | 2.38% | 6.72% | 3.03% |
| Q2 2025 | 4.00% | 1.87% | 2.48% | 6.57% | 3.02% |
| Q3 2025 | 4.00% | 1.87% | 2.47% | 6.69% | 3.04% |
| Q4 2025 | 4.02% | 1.90% | 2.47% | 6.68% | 3.05% |
| Q1 2026 | 3.92% | 1.89% | 2.38% | 6.46% | 3.04% |
| Q2 2026 | 3.98% | 1.85% | 2.49% | 6.52% | 3.05% |
First Bank of Boaz 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 Boaz, 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 Boaz profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 2784) · FFIEC NIC profile (RSSD 533535)