First Reliance 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 Total interest expense: 8.6% higher than in Q1 2026, at $4.7M. First Reliance Bank ranks 20th of 44 South Carolina banks on net interest margin, in the upper half at 3.83% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. First Reliance Bank sits 0.12 points higher, at 3.83% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.62% |
| Yield on loans | 5.93% |
| Yield on securities | 4.73% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.89% |
| Cost of interest-bearing deposits | 2.41% |
| Cost of interest-bearing liabilities | 2.55% |
| Cost of borrowings | 3.85% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.83% |
| Yield to cost spread | 3.07% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $12.3M |
| Total interest expense | $4.7M |
| Interest expense on deposits | $4.1M |
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 | 5.01% | 1.79% | 3.29% | 5.26% | 4.01% |
| Q4 2023 | 5.21% | 1.95% | 3.28% | 5.38% | 4.54% |
| Q1 2024 | 5.31% | 2.11% | 3.26% | 5.51% | 4.67% |
| Q2 2024 | 5.44% | 2.15% | 3.35% | 5.69% | 4.45% |
| Q3 2024 | 5.49% | 2.15% | 3.44% | 5.76% | 4.54% |
| Q4 2024 | 5.50% | 2.02% | 3.55% | 5.79% | 4.50% |
| Q1 2025 | 5.50% | 1.92% | 3.63% | 5.72% | 4.82% |
| Q2 2025 | 5.53% | 1.97% | 3.64% | 5.83% | 4.61% |
| Q3 2025 | 5.65% | 1.94% | 3.80% | 5.97% | 4.76% |
| Q4 2025 | 5.53% | 1.78% | 3.84% | 5.84% | 4.59% |
| Q1 2026 | 5.53% | 1.79% | 3.82% | 5.78% | 4.89% |
| Q2 2026 | 5.62% | 1.89% | 3.83% | 5.93% | 4.73% |
First Reliance 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 Reliance 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 Reliance Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 35214) · FFIEC NIC profile (RSSD 2839790)