First Utah 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 Net interest margin, which rose 0.30 percentage points to 4.63%. Within Utah, First Utah Bank is 29th of 44 on net interest margin, 4.63% as of Q2 2026, below the middle of the field. First Utah Bank reported 4.63% on net interest margin for Q2 2026, 0.68 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.84% |
| Yield on loans | 7.67% |
| Yield on securities | 2.86% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.37% |
| Cost of interest-bearing deposits | 2.81% |
| Cost of interest-bearing liabilities | 2.93% |
| Cost of borrowings | 3.97% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.63% |
| Yield to cost spread | 3.91% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.8M |
| Total interest expense | $4.5M |
| Interest expense on deposits | $3.9M |
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 | 7.00% | 2.23% | 4.91% | 8.20% | 2.48% |
| Q4 2023 | 7.10% | 2.46% | 4.80% | 8.28% | 2.71% |
| Q1 2024 | 7.22% | 2.42% | 4.77% | 8.38% | 2.76% |
| Q2 2024 | 7.34% | 3.00% | 4.63% | 8.45% | 2.79% |
| Q3 2024 | 7.46% | 2.99% | 4.66% | 8.63% | 2.78% |
| Q4 2024 | 7.44% | 2.76% | 4.84% | 8.48% | 2.79% |
| Q1 2025 | 7.15% | 2.68% | 4.64% | 8.07% | 2.82% |
| Q2 2025 | 6.93% | 2.73% | 4.36% | 7.72% | 2.89% |
| Q3 2025 | 7.16% | 2.60% | 4.72% | 8.03% | 2.89% |
| Q4 2025 | 7.10% | 2.51% | 4.78% | 7.96% | 2.87% |
| Q1 2026 | 6.57% | 2.44% | 4.33% | 7.34% | 2.87% |
| Q2 2026 | 6.84% | 2.37% | 4.63% | 7.67% | 2.86% |
First Utah 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 Utah 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 Utah Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 22738) · FFIEC NIC profile (RSSD 207872)