Florence 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 Cost of borrowings, which fell 0.30 percentage points to 3.64%. Florence Bank ranks 54th of 89 Massachusetts banks on net interest margin, in the lower half at 2.86% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Florence Bank sits 0.85 points lower, at 2.86% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.11% |
| Yield on loans | 4.83% |
| Yield on securities | 2.72% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.37% |
| Cost of interest-bearing deposits | 1.83% |
| Cost of interest-bearing liabilities | 1.82% |
| Cost of borrowings | 3.64% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.86% |
| Yield to cost spread | 2.29% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $15.2M |
| Total interest expense | $6.1M |
| Interest expense on deposits | $6.1M |
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 | 3.53% | 1.01% | 2.60% | 4.20% | 2.44% |
| Q4 2023 | 3.61% | 1.31% | 2.40% | 4.25% | 2.48% |
| Q1 2024 | 3.75% | 1.68% | 2.19% | 4.29% | 2.48% |
| Q2 2024 | 3.85% | 1.80% | 2.17% | 4.40% | 2.50% |
| Q3 2024 | 3.93% | 1.89% | 2.19% | 4.50% | 2.54% |
| Q4 2024 | 3.87% | 1.68% | 2.32% | 4.56% | 2.52% |
| Q1 2025 | 3.83% | 1.45% | 2.48% | 4.53% | 2.55% |
| Q2 2025 | 3.93% | 1.31% | 2.71% | 4.65% | 2.57% |
| Q3 2025 | 3.99% | 1.34% | 2.76% | 4.75% | 2.58% |
| Q4 2025 | 4.01% | 1.43% | 2.70% | 4.78% | 2.57% |
| Q1 2026 | 3.98% | 1.35% | 2.75% | 4.73% | 2.56% |
| Q2 2026 | 4.11% | 1.37% | 2.86% | 4.83% | 2.72% |
Florence 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 Florence 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 Florence Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 23293) · FFIEC NIC profile (RSSD 279105)