Grand River 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.
In Q2 2026, Net interest margin edged up by 0.12 percentage points, from 2.77% to 2.89%, the largest move among the key lines here. Grand River Bank has the 3rd lowest net interest margin of the 72 banks headquartered in Michigan, at 2.89% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Grand River Bank sits 1.06 points lower, at 2.89% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.15% |
| Yield on loans | 5.44% |
| Yield on securities | 2.45% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.48% |
| Cost of interest-bearing deposits | 3.05% |
| Cost of interest-bearing liabilities | 3.12% |
| Cost of borrowings | 4.37% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.89% |
| Yield to cost spread | 2.03% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.9M |
| Total interest expense | $2.8M |
| Interest expense on deposits | $2.7M |
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 | 5.23% | 2.78% | 2.70% | 5.36% | 1.69% |
| Q4 2023 | 4.72% | 3.01% | 2.01% | 4.81% | 1.72% |
| Q1 2024 | 5.18% | 3.09% | 2.35% | 5.30% | 1.71% |
| Q2 2024 | 5.27% | 3.10% | 2.47% | 5.40% | 1.73% |
| Q3 2024 | 5.37% | 3.10% | 2.56% | 5.50% | 1.73% |
| Q4 2024 | 5.31% | 2.96% | 2.65% | 5.47% | 1.72% |
| Q1 2025 | 5.22% | 2.81% | 2.66% | 5.38% | 1.68% |
| Q2 2025 | 5.25% | 2.84% | 2.67% | 5.42% | 1.65% |
| Q3 2025 | 5.28% | 2.83% | 2.75% | 5.49% | 2.04% |
| Q4 2025 | 5.17% | 2.70% | 2.76% | 5.46% | 2.51% |
| Q1 2026 | 5.05% | 2.52% | 2.77% | 5.32% | 2.41% |
| Q2 2026 | 5.15% | 2.48% | 2.89% | 5.44% | 2.45% |
Grand River 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 Grand River 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 Grand River Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58789) · FFIEC NIC profile (RSSD 3812147)