Grove Bank & Trust: 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, Total interest expense edged up by 1.9%, from $7.0M to $7.2M, the largest move among the key lines here. On net interest margin, Grove Bank & Trust is 4th from the bottom among 79 Florida banks, 2.63% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Grove Bank & Trust sits 1.08 points lower, at 2.63% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.72% |
| Yield on loans | 5.74% |
| Yield on securities | 2.32% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.27% |
| Cost of interest-bearing deposits | 2.81% |
| Cost of interest-bearing liabilities | 2.90% |
| Cost of borrowings | 4.19% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.63% |
| Yield to cost spread | 1.82% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $12.2M |
| Total interest expense | $7.2M |
| Interest expense on deposits | $6.4M |
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 | 3.82% | 2.13% | 1.94% | 4.80% | 2.51% |
| Q4 2023 | 3.95% | 2.36% | 1.91% | 4.94% | 2.45% |
| Q1 2024 | 4.13% | 2.44% | 1.86% | 5.45% | 2.27% |
| Q2 2024 | 4.47% | 2.67% | 2.06% | 5.58% | 2.17% |
| Q3 2024 | 4.74% | 2.84% | 2.17% | 5.98% | 2.20% |
| Q4 2024 | 4.62% | 2.61% | 2.29% | 5.95% | 2.20% |
| Q1 2025 | 4.44% | 2.53% | 2.18% | 5.82% | 2.20% |
| Q2 2025 | 4.84% | 2.51% | 2.45% | 6.04% | 2.19% |
| Q3 2025 | 4.97% | 2.58% | 2.56% | 6.04% | 1.96% |
| Q4 2025 | 4.91% | 2.43% | 2.68% | 6.03% | 2.20% |
| Q1 2026 | 4.70% | 2.24% | 2.62% | 5.78% | 2.33% |
| Q2 2026 | 4.72% | 2.27% | 2.63% | 5.74% | 2.32% |
Grove Bank & Trust yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Grove Bank & Trust, 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 Grove Bank & Trust profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8018) · FFIEC NIC profile (RSSD 648130)