Locus Bank, Inc.: 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 largest change between Q1 2026 and Q2 2026 was in Total interest expense, which rose 3.5% to $2.2M. Locus Bank, Inc. ranks 38th of 56 Virginia banks on net interest margin, in the lower half at 3.58% (Q2 2026). Locus Bank, Inc. reported 3.58% on net interest margin for Q2 2026, 0.37 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.14% |
| Yield on loans | 6.59% |
| Yield on securities | 3.59% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.17% |
| Cost of interest-bearing deposits | 3.59% |
| Cost of interest-bearing liabilities | 3.57% |
| Cost of borrowings | 3.57% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.58% |
| Yield to cost spread | 2.57% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $4.8M |
| Total interest expense | $2.2M |
| Interest expense on deposits | $2.0M |
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 | 5.10% | 2.31% | 3.32% | 5.32% | 3.60% |
| Q4 2023 | 5.21% | 2.68% | 3.09% | 5.41% | 3.74% |
| Q1 2024 | 5.38% | 3.00% | 2.98% | 5.68% | 3.36% |
| Q2 2024 | 5.42% | 3.20% | 2.86% | 5.70% | 3.42% |
| Q3 2024 | 5.50% | 3.28% | 2.86% | 5.89% | 2.95% |
| Q4 2024 | 5.74% | 3.23% | 3.12% | 6.09% | 3.75% |
| Q1 2025 | 5.63% | 2.99% | 3.23% | 6.10% | 2.72% |
| Q2 2025 | 5.99% | 3.10% | 3.45% | 6.42% | 3.16% |
| Q3 2025 | 6.04% | 3.31% | 3.42% | 6.48% | 3.52% |
| Q4 2025 | 6.08% | 3.22% | 3.48% | 6.50% | 3.39% |
| Q1 2026 | 6.00% | 3.16% | 3.48% | 6.46% | 3.28% |
| Q2 2026 | 6.14% | 3.17% | 3.58% | 6.59% | 3.59% |
Locus Bank, Inc. yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Locus Bank, Inc., 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 Locus Bank, Inc. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58658) · FFIEC NIC profile (RSSD 3626858)