Ledyard National 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 biggest quarter-over-quarter change on this page was a small one: Total interest expense edged up 1.7% between Q1 2026 and Q2 2026, to $5.3M. On net interest margin, Ledyard National Bank is 1st from the bottom among 12 Vermont banks, 2.97% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Ledyard National Bank sits 0.74 points lower, at 2.97% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.11% |
| Yield on loans | 5.85% |
| Yield on securities | 3.15% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.23% |
| Cost of interest-bearing deposits | 2.61% |
| Cost of interest-bearing liabilities | 2.79% |
| Cost of borrowings | 3.96% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.97% |
| Yield to cost spread | 2.32% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.3M |
| Total interest expense | $5.3M |
| Interest expense on deposits | $4.4M |
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 | 4.26% | 1.79% | 2.54% | 4.81% | 3.56% |
| Q4 2023 | 4.47% | 2.20% | 2.34% | 5.15% | 3.64% |
| Q1 2024 | 4.64% | 2.52% | 2.21% | 5.22% | 3.79% |
| Q2 2024 | 4.75% | 2.55% | 2.29% | 5.52% | 3.59% |
| Q3 2024 | 4.88% | 2.58% | 2.37% | 5.71% | 3.43% |
| Q4 2024 | 4.98% | 2.41% | 2.65% | 5.70% | 3.65% |
| Q1 2025 | 4.96% | 2.33% | 2.70% | 5.72% | 3.35% |
| Q2 2025 | 5.01% | 2.45% | 2.66% | 5.84% | 3.21% |
| Q3 2025 | 5.13% | 2.48% | 2.75% | 5.98% | 3.23% |
| Q4 2025 | 5.11% | 2.39% | 2.82% | 5.98% | 3.23% |
| Q1 2026 | 5.00% | 2.20% | 2.89% | 5.82% | 3.14% |
| Q2 2026 | 5.11% | 2.23% | 2.97% | 5.85% | 3.15% |
Ledyard National 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 Ledyard National 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 Ledyard National Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 33418) · FFIEC NIC profile (RSSD 1863097)