First Freedom 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 largest change between Q1 2026 and Q2 2026 was in Total interest expense, which rose 7.1% to $4.3M. First Freedom Bank ranks 40th of 109 Tennessee banks on net interest margin, in the upper half at 4.17% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First Freedom Bank sits 0.22 points higher, at 4.17% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.45% |
| Yield on loans | 6.79% |
| Yield on securities | 3.63% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.50% |
| Cost of interest-bearing deposits | 2.77% |
| Cost of interest-bearing liabilities | 2.79% |
| Cost of borrowings | 3.81% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.17% |
| Yield to cost spread | 3.66% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.5M |
| Total interest expense | $4.3M |
| Interest expense on deposits | $4.3M |
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 | 6.06% | 2.24% | 3.95% | 6.32% | 3.24% |
| Q4 2023 | 6.23% | 2.55% | 3.83% | 6.50% | 3.29% |
| Q1 2024 | 6.38% | 2.69% | 3.85% | 6.71% | 3.23% |
| Q2 2024 | 6.43% | 2.78% | 3.83% | 6.72% | 3.18% |
| Q3 2024 | 6.55% | 3.00% | 3.75% | 6.89% | 3.14% |
| Q4 2024 | 6.40% | 3.04% | 3.56% | 6.82% | 3.07% |
| Q1 2025 | 6.14% | 2.89% | 3.44% | 6.65% | 3.05% |
| Q2 2025 | 6.46% | 2.77% | 3.90% | 6.89% | 2.98% |
| Q3 2025 | 6.46% | 2.62% | 4.06% | 6.77% | 3.88% |
| Q4 2025 | 6.50% | 2.53% | 4.19% | 6.79% | 3.68% |
| Q1 2026 | 6.40% | 2.43% | 4.18% | 6.73% | 3.67% |
| Q2 2026 | 6.45% | 2.50% | 4.17% | 6.79% | 3.63% |
First Freedom 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 Freedom 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 Freedom Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58208) · FFIEC NIC profile (RSSD 3437148)