First Electronic 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 standout move of Q2 2026 was in Net interest margin: 7.23 percentage points higher than in Q1 2026, at 21.61%. Among 44 Utah banks, First Electronic Bank sits 2nd from the top on net interest margin, 21.61% as of Q2 2026. First Electronic Bank's net interest margin of 21.61% is well above the 3.94% median for banks in the $100M-1B asset tier, a gap of 17.67 points (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 21.79% |
| Yield on loans | 52.75% |
| Yield on securities | 5.35% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.17% |
| Cost of interest-bearing deposits | 3.59% |
| Cost of interest-bearing liabilities | 3.59% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 21.61% |
| Yield to cost spread | 18.20% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $20.5M |
| Total interest expense | $183K |
| Interest expense on deposits | $183K |
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 | 25.38% | 0.78% | 24.47% | 56.55% | 6.26% |
| Q4 2023 | 25.54% | 0.62% | 24.78% | 55.46% | 7.49% |
| Q1 2024 | 24.47% | 0.49% | 23.82% | 54.21% | 2.37% |
| Q2 2024 | 25.11% | 0.43% | 24.51% | 53.09% | 5.57% |
| Q3 2024 | 24.36% | 0.42% | 23.81% | 51.90% | 5.45% |
| Q4 2024 | 24.41% | 0.29% | 24.04% | 51.42% | 5.62% |
| Q1 2025 | 24.48% | 0.22% | 24.19% | 52.56% | 5.50% |
| Q2 2025 | 21.87% | 0.20% | 21.61% | 49.80% | 5.51% |
| Q3 2025 | 16.40% | 0.18% | 16.17% | 46.24% | 5.55% |
| Q4 2025 | 19.44% | 0.14% | 19.28% | 46.87% | 5.07% |
| Q1 2026 | 14.55% | 0.16% | 14.38% | 47.01% | 5.35% |
| Q2 2026 | 21.79% | 0.17% | 21.61% | 52.75% | 5.35% |
First Electronic 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 First Electronic 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 First Electronic Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 35533) · FFIEC NIC profile (RSSD 2947556)