Independence 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.
Net interest margin rose 0.21 percentage points from Q1 2026 to Q2 2026, ending at 4.63% against 4.42%. It was the largest change among the key lines on this page. Within Montana, Independence Bank is 9th of 35 on net interest margin, 4.63% as of Q2 2026. Independence Bank reported 4.63% on net interest margin for Q2 2026, 0.92 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.42% |
| Yield on loans | 7.31% |
| Yield on securities | 2.96% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.01% |
| Cost of interest-bearing deposits | 2.46% |
| Cost of interest-bearing liabilities | 2.47% |
| Cost of borrowings | 3.29% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.63% |
| Yield to cost spread | 3.95% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $19.4M |
| Total interest expense | $6.0M |
| Interest expense on deposits | $5.9M |
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 | 5.30% | 1.82% | 3.68% | 6.28% | 2.13% |
| Q4 2023 | 5.33% | 1.97% | 3.59% | 6.30% | 2.31% |
| Q1 2024 | 5.37% | 2.18% | 3.43% | 6.38% | 2.46% |
| Q2 2024 | 5.65% | 2.34% | 3.58% | 6.64% | 2.52% |
| Q3 2024 | 5.89% | 2.44% | 3.75% | 6.91% | 2.60% |
| Q4 2024 | 5.82% | 2.34% | 3.75% | 6.86% | 2.63% |
| Q1 2025 | 5.66% | 2.13% | 3.78% | 6.65% | 2.72% |
| Q2 2025 | 6.02% | 2.17% | 4.09% | 7.03% | 2.85% |
| Q3 2025 | 6.22% | 2.18% | 4.26% | 7.12% | 2.88% |
| Q4 2025 | 6.23% | 2.10% | 4.38% | 7.15% | 2.88% |
| Q1 2026 | 6.20% | 2.01% | 4.42% | 7.13% | 2.94% |
| Q2 2026 | 6.42% | 2.01% | 4.63% | 7.31% | 2.96% |
Independence 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 Independence 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 Independence Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 20989) · FFIEC NIC profile (RSSD 606653)