ION 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 0.17 percentage points from Q1 2026 to Q2 2026, ending at 4.24% against 4.07%. It was the largest change among the key lines on this page. Within Connecticut, ION Bank is 4th of 27 on net interest margin, 4.24% as of Q2 2026, above the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. ION Bank sits 0.53 points higher, at 4.24% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.50% |
| Yield on loans | 6.02% |
| Yield on securities | 3.77% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.40% |
| Cost of interest-bearing deposits | 1.85% |
| Cost of interest-bearing liabilities | 1.95% |
| Cost of borrowings | 4.16% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.24% |
| Yield to cost spread | 3.55% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $30.5M |
| Total interest expense | $8.1M |
| Interest expense on deposits | $7.3M |
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 | 4.81% | 1.64% | 2.97% | 5.53% | 2.78% |
| Q4 2023 | 5.00% | 1.80% | 2.99% | 5.70% | 2.87% |
| Q1 2024 | 5.03% | 1.85% | 2.95% | 5.72% | 2.72% |
| Q2 2024 | 5.20% | 1.74% | 3.25% | 5.78% | 2.99% |
| Q3 2024 | 5.44% | 1.83% | 3.40% | 5.92% | 3.27% |
| Q4 2024 | 5.39% | 1.50% | 3.72% | 5.85% | 3.35% |
| Q1 2025 | 5.32% | 1.27% | 3.90% | 5.79% | 3.08% |
| Q2 2025 | 5.49% | 1.50% | 4.07% | 5.94% | 3.55% |
| Q3 2025 | 5.48% | 1.65% | 3.97% | 5.90% | 3.67% |
| Q4 2025 | 5.48% | 1.52% | 4.11% | 5.93% | 3.69% |
| Q1 2026 | 5.35% | 1.41% | 4.07% | 5.78% | 3.70% |
| Q2 2026 | 5.50% | 1.40% | 4.24% | 6.02% | 3.77% |
ION 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 ION 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 ION Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 18198) · FFIEC NIC profile (RSSD 407506)