First State Bank of the South, Inc.: 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 biggest quarter-over-quarter change on this page was a small one: Net interest margin edged down 0.10 percentage points between Q1 2026 and Q2 2026, to 3.95%. First State Bank of the South, Inc. ranks 41st of 93 Alabama banks on net interest margin, in the upper half at 3.95% (Q2 2026). At 3.95%, First State Bank of the South, Inc.'s net interest margin is close to the 3.95% median for banks in the $100M-1B asset tier (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.58% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.80% |
| Cost of interest-bearing deposits | 2.34% |
| Cost of interest-bearing liabilities | 2.34% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.95% |
| Yield to cost spread | 3.24% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.1M |
| Total interest expense | $481K |
| Interest expense on deposits | $481K |
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 |
|---|---|---|---|
| Q3 2023 | 5.27% | 1.44% | 3.99% |
| Q4 2023 | 5.38% | 1.58% | 3.98% |
| Q1 2024 | 5.38% | 1.97% | 3.60% |
| Q2 2024 | 5.41% | 2.11% | 3.43% |
| Q3 2024 | 5.73% | 2.14% | 3.76% |
| Q4 2024 | 5.69% | 2.13% | 3.72% |
| Q1 2025 | 5.73% | 2.07% | 3.80% |
| Q2 2025 | 5.66% | 2.07% | 3.74% |
| Q3 2025 | 5.83% | 2.04% | 3.97% |
| Q4 2025 | 5.80% | 1.96% | 4.04% |
| Q1 2026 | 5.72% | 1.83% | 4.05% |
| Q2 2026 | 5.58% | 1.80% | 3.95% |
First State Bank of the South, Inc. 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 State Bank of the South, Inc., 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 State Bank of the South, Inc. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 21050) · FFIEC NIC profile (RSSD 250430)