Medallion 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: 5.05 percentage points lower than in Q1 2026, at 2.04%. Medallion Bank ranks 10th of 44 Utah banks on net interest margin, in the upper half at 8.52% (Q2 2026). Medallion Bank's net interest margin of 8.52% is well above the 3.71% median for banks in the $1B-10B asset tier, a gap of 4.81 points (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 11.77% |
| Yield on loans | 12.35% |
| Yield on securities | 3.64% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 4.00% |
| Cost of interest-bearing deposits | 3.99% |
| Cost of interest-bearing liabilities | 3.91% |
| Cost of borrowings | 2.04% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 8.52% |
| Yield to cost spread | 7.86% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $78.6M |
| Total interest expense | $22.1M |
| Interest expense on deposits | $22.1M |
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 | 11.38% | 2.94% | 8.92% | 11.81% | 2.98% |
| Q4 2023 | 11.32% | 3.10% | 8.75% | 11.82% | 3.00% |
| Q1 2024 | 11.22% | 3.21% | 8.59% | 11.77% | 2.99% |
| Q2 2024 | 11.45% | 3.44% | 8.62% | 11.92% | 3.00% |
| Q3 2024 | 11.74% | 3.78% | 8.61% | 12.16% | 3.22% |
| Q4 2024 | 11.63% | 3.87% | 8.44% | 12.07% | 3.23% |
| Q1 2025 | 11.50% | 3.81% | 8.36% | 11.98% | 3.15% |
| Q2 2025 | 11.71% | 3.90% | 8.57% | 12.24% | 3.46% |
| Q3 2025 | 11.91% | 3.99% | 8.71% | 12.48% | 3.60% |
| Q4 2025 | 11.82% | 3.98% | 8.63% | 12.35% | 3.53% |
| Q1 2026 | 11.53% | 3.95% | 8.35% | 12.10% | 3.53% |
| Q2 2026 | 11.77% | 4.00% | 8.52% | 12.35% | 3.64% |
Medallion 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 Medallion 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 Medallion Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 57449) · FFIEC NIC profile (RSSD 3228908)