Local 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: 0.98 percentage points higher than in Q1 2026, at 4.72%. Local Bank ranks 14th of 93 Alabama banks on net interest margin, in the upper half at 4.72% (Q2 2026). Local Bank reported 4.72% on net interest margin for Q2 2026, 0.78 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 7.88% |
| Yield on loans | 8.46% |
| Yield on securities | 4.31% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.15% |
| Cost of interest-bearing deposits | 3.83% |
| Cost of interest-bearing liabilities | 3.53% |
| Cost of borrowings | 0.00% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.72% |
| Yield to cost spread | 4.35% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.6M |
| Total interest expense | $686K |
| Interest expense on deposits | $686K |
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 | 6.83% | 1.71% | 5.74% | 8.03% | 3.88% |
| Q4 2023 | 7.14% | 2.90% | 5.11% | 7.99% | 3.82% |
| Q1 2024 | 7.30% | 3.33% | 4.78% | 7.94% | 4.10% |
| Q2 2024 | 7.49% | 3.59% | 4.59% | 7.94% | 4.19% |
| Q3 2024 | 7.68% | 3.30% | 4.85% | 8.23% | 3.96% |
| Q4 2024 | 7.88% | 3.34% | 4.76% | 8.33% | 4.11% |
| Q1 2025 | 8.17% | 3.33% | 4.90% | 8.88% | 4.21% |
| Q2 2025 | 8.57% | 3.31% | 4.93% | 9.17% | 4.03% |
| Q3 2025 | 8.26% | 3.59% | 4.66% | 9.34% | 4.26% |
| Q4 2025 | 7.43% | 3.59% | 3.97% | 8.78% | 3.43% |
| Q1 2026 | 6.93% | 3.13% | 3.74% | 7.67% | 3.63% |
| Q2 2026 | 7.88% | 3.15% | 4.72% | 8.46% | 4.31% |
Local 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 Local 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 Local Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 9614) · FFIEC NIC profile (RSSD 470434)