Magyar 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 1.9% between Q1 2026 and Q2 2026, to $5.9M. Magyar Bank ranks 11th of 49 New Jersey banks on net interest margin, in the upper half at 3.77% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin; Magyar Bank reported 3.77% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.09% |
| Yield on loans | 6.59% |
| Yield on securities | 3.33% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.48% |
| Cost of interest-bearing deposits | 2.98% |
| Cost of interest-bearing liabilities | 3.00% |
| Cost of borrowings | 3.46% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.77% |
| Yield to cost spread | 3.09% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $13.9M |
| Total interest expense | $5.9M |
| Interest expense on deposits | $5.4M |
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 | 5.37% | 1.98% | 3.58% | 5.86% | 1.78% |
| Q4 2023 | 5.35% | 2.17% | 3.40% | 5.82% | 2.03% |
| Q1 2024 | 5.44% | 2.46% | 3.17% | 5.89% | 2.21% |
| Q2 2024 | 5.52% | 2.71% | 3.04% | 5.95% | 2.38% |
| Q3 2024 | 5.70% | 2.86% | 3.14% | 6.12% | 2.54% |
| Q4 2024 | 5.69% | 2.60% | 3.30% | 6.12% | 2.58% |
| Q1 2025 | 5.76% | 2.55% | 3.40% | 6.24% | 2.78% |
| Q2 2025 | 5.73% | 2.60% | 3.36% | 6.15% | 2.89% |
| Q3 2025 | 6.30% | 2.74% | 3.71% | 6.73% | 3.07% |
| Q4 2025 | 6.28% | 2.53% | 3.83% | 6.72% | 3.10% |
| Q1 2026 | 6.20% | 2.44% | 3.85% | 6.70% | 3.22% |
| Q2 2026 | 6.09% | 2.48% | 3.77% | 6.59% | 3.33% |
Magyar 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 Magyar 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 Magyar Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 30704) · FFIEC NIC profile (RSSD 548771)