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.
Yield on securities climbed 0.84 percentage points in Q2 2026, from 3.43% to 4.27%. It was the largest change from Q1 2026 among the key lines here. Independence Bank ranks 127th of 156 Ohio banks on net interest margin, in the lower half at 2.99% (Q2 2026). Independence Bank reported 2.99% on net interest margin for Q2 2026, 0.95 points below the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.14% |
| Yield on loans | 6.29% |
| Yield on securities | 4.27% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.49% |
| Cost of interest-bearing deposits | 3.14% |
| Cost of interest-bearing liabilities | 3.14% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.99% |
| Yield to cost spread | 2.00% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.6M |
| Total interest expense | $1.0M |
| Interest expense on deposits | $1.0M |
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 | 4.61% | 2.48% | 2.74% | 5.74% | 2.48% |
| Q4 2023 | 4.74% | 2.82% | 2.53% | 5.86% | 2.63% |
| Q1 2024 | 5.72% | 3.01% | 3.14% | 6.00% | 4.82% |
| Q2 2024 | 5.43% | 3.09% | 2.81% | 6.00% | 3.58% |
| Q3 2024 | 5.65% | 3.03% | 3.03% | 6.37% | 3.55% |
| Q4 2024 | 5.53% | 2.90% | 3.00% | 6.29% | 4.42% |
| Q1 2025 | 5.49% | 2.83% | 3.01% | 6.16% | 4.28% |
| Q2 2025 | 5.32% | 2.87% | 2.87% | 6.18% | 3.72% |
| Q3 2025 | 5.62% | 2.85% | 3.17% | 6.49% | 3.96% |
| Q4 2025 | 5.19% | 2.74% | 2.84% | 6.21% | 4.06% |
| Q1 2026 | 5.30% | 2.57% | 3.15% | 6.23% | 3.43% |
| Q2 2026 | 5.14% | 2.49% | 2.99% | 6.29% | 4.27% |
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 22925) · FFIEC NIC profile (RSSD 956527)