Ipswich State 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.
The standout move of Q2 2026 was in Net interest margin: 0.46 percentage points higher than in Q1 2026, at 4.06%. Ipswich State Bank ranks 23rd of 56 South Dakota banks on net interest margin, in the upper half at 4.06% (Q2 2026). Ipswich State Bank reported 4.06% on net interest margin for Q2 2026, 0.18 points above the 3.88% median for banks in the < $100M asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.29% |
| Yield on loans | 6.38% |
| Yield on securities | 4.09% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.39% |
| Cost of interest-bearing deposits | 1.94% |
| Cost of interest-bearing liabilities | 1.94% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.06% |
| Yield to cost spread | 3.35% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $537K |
| Total interest expense | $213K |
| Interest expense on deposits | $213K |
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 | 4.09% | 1.02% | 3.19% | 6.38% | 1.26% |
| Q4 2023 | 4.11% | 1.31% | 2.99% | 6.58% | 1.25% |
| Q1 2024 | 4.09% | 1.34% | 2.87% | 6.57% | 1.25% |
| Q2 2024 | 4.48% | 1.31% | 3.34% | 6.66% | 1.29% |
| Q3 2024 | 4.74% | 1.49% | 3.40% | 6.82% | 1.29% |
| Q4 2024 | 4.88% | 1.51% | 3.55% | 6.89% | 1.53% |
| Q1 2025 | 4.81% | 1.38% | 3.55% | 6.67% | 2.04% |
| Q2 2025 | 4.99% | 1.49% | 3.69% | 6.86% | 2.41% |
| Q3 2025 | 5.45% | 1.55% | 4.05% | 7.01% | 2.95% |
| Q4 2025 | 5.28% | 1.50% | 3.93% | 6.78% | 3.24% |
| Q1 2026 | 4.89% | 1.42% | 3.60% | 6.39% | 3.68% |
| Q2 2026 | 5.29% | 1.39% | 4.06% | 6.38% | 4.09% |
Ipswich State 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 Ipswich State 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 Ipswich State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15593) · FFIEC NIC profile (RSSD 532453)