First Federal 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.
In Q2 2026, Net interest margin edged up by 0.08 percentage points, from 3.12% to 3.20%, the largest move among the key lines here. Within North Carolina, First Federal Bank is 24th of 38 on net interest margin, 3.20% as of Q2 2026, below the middle of the field. First Federal Bank reported 3.20% on net interest margin for Q2 2026, 0.75 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.67% |
| Yield on loans | 5.37% |
| Yield on securities | 2.54% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.59% |
| Cost of interest-bearing deposits | 1.97% |
| Cost of interest-bearing liabilities | 2.03% |
| Cost of borrowings | 4.56% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.20% |
| Yield to cost spread | 2.64% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.7M |
| Total interest expense | $1.0M |
| Interest expense on deposits | $947K |
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 | 4.02% | 1.32% | 2.79% | 4.52% | 2.54% |
| Q4 2023 | 4.16% | 1.47% | 2.78% | 4.71% | 2.54% |
| Q1 2024 | 4.17% | 1.52% | 2.74% | 4.75% | 2.47% |
| Q2 2024 | 4.28% | 1.57% | 2.81% | 4.81% | 2.63% |
| Q3 2024 | 4.22% | 1.67% | 2.67% | 4.75% | 2.57% |
| Q4 2024 | 4.32% | 1.69% | 2.75% | 4.93% | 2.53% |
| Q1 2025 | 4.32% | 1.55% | 2.88% | 4.92% | 2.55% |
| Q2 2025 | 4.41% | 1.49% | 3.03% | 5.02% | 2.56% |
| Q3 2025 | 4.56% | 1.48% | 3.18% | 5.19% | 2.57% |
| Q4 2025 | 4.57% | 1.49% | 3.18% | 5.23% | 2.54% |
| Q1 2026 | 4.58% | 1.57% | 3.12% | 5.26% | 2.56% |
| Q2 2026 | 4.67% | 1.59% | 3.20% | 5.37% | 2.54% |
First Federal 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 Federal 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 Federal Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 31077) · FFIEC NIC profile (RSSD 943974)