Locality 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 Cost of borrowings: 37.44 percentage points higher than in Q1 2026, at 40.00%. Locality Bank ranks 22nd of 79 Florida banks on net interest margin, in the upper half at 4.04% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin; Locality Bank reported 4.04% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.58% |
| Yield on loans | 7.05% |
| Yield on securities | 4.68% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.90% |
| Cost of interest-bearing deposits | 3.33% |
| Cost of interest-bearing liabilities | 3.25% |
| Cost of borrowings | 40.00% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.04% |
| Yield to cost spread | 3.33% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.4M |
| Total interest expense | $2.3M |
| Interest expense on deposits | $2.3M |
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 | 6.09% | 3.17% | 3.64% | 6.42% | 5.09% |
| Q4 2023 | 6.50% | 3.59% | 3.60% | 6.97% | 5.09% |
| Q1 2024 | 6.62% | 3.63% | 3.62% | 7.11% | 4.98% |
| Q2 2024 | 6.65% | 3.51% | 3.60% | 7.11% | 5.02% |
| Q3 2024 | 6.96% | 3.75% | 3.64% | 7.37% | 4.75% |
| Q4 2024 | 6.70% | 3.64% | 3.48% | 7.35% | 4.69% |
| Q1 2025 | 6.42% | 3.34% | 3.48% | 6.91% | 4.74% |
| Q2 2025 | 6.55% | 3.24% | 3.82% | 7.12% | 4.85% |
| Q3 2025 | 6.95% | 3.17% | 4.20% | 7.54% | 4.65% |
| Q4 2025 | 6.80% | 2.97% | 4.23% | 7.41% | 4.79% |
| Q1 2026 | 6.37% | 2.87% | 3.88% | 6.91% | 4.51% |
| Q2 2026 | 6.58% | 2.90% | 4.04% | 7.05% | 4.68% |
Locality 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 Locality 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 Locality Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 59278) · FFIEC NIC profile (RSSD 5673191)