First-Citizens Bank & Trust Company: 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, Total interest expense edged up by 2.2%, from $1.14B to $1.16B, the largest move among the key lines here. First-Citizens Bank & Trust Company ranks 26th of 38 North Carolina banks on net interest margin, in the lower half at 3.14% (Q2 2026). The median for banks in the $100B-250B asset tier is 3.43% on net interest margin. First-Citizens Bank & Trust Company sits 0.29 points lower, at 3.14% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.30% |
| Yield on loans | 5.98% |
| Yield on securities | 3.69% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.28% |
| Cost of interest-bearing deposits | 2.73% |
| Cost of interest-bearing liabilities | 2.91% |
| Cost of borrowings | 3.65% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.14% |
| Yield to cost spread | 2.39% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.21B |
| Total interest expense | $1.16B |
| Interest expense on deposits | $881.0M |
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 | 6.34% | 2.22% | 4.07% | 7.28% | 2.80% |
| Q4 2023 | 6.27% | 2.40% | 3.85% | 7.18% | 3.17% |
| Q1 2024 | 6.15% | 2.51% | 3.63% | 7.04% | 3.32% |
| Q2 2024 | 6.17% | 2.78% | 3.60% | 7.04% | 3.51% |
| Q3 2024 | 6.15% | 2.83% | 3.53% | 6.99% | 3.64% |
| Q4 2024 | 5.81% | 2.71% | 3.31% | 6.64% | 3.61% |
| Q1 2025 | 5.58% | 2.52% | 3.22% | 6.35% | 3.72% |
| Q2 2025 | 5.62% | 2.49% | 3.28% | 6.40% | 3.76% |
| Q3 2025 | 5.65% | 2.50% | 3.30% | 6.43% | 3.82% |
| Q4 2025 | 5.49% | 2.39% | 3.26% | 6.23% | 3.79% |
| Q1 2026 | 5.22% | 2.26% | 3.09% | 5.89% | 3.65% |
| Q2 2026 | 5.30% | 2.28% | 3.14% | 5.98% | 3.69% |
First-Citizens Bank & Trust Company 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-Citizens Bank & Trust Company, 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-Citizens Bank & Trust Company profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 11063) · FFIEC NIC profile (RSSD 491224)