Merrimack County Savings 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.
Compared with Q1 2026, Total interest expense fell 3.2% in Q2 2026 to $5.8M, the biggest move on this page. Within New Hampshire, Merrimack County Savings Bank is 7th of 16 on net interest margin, 3.35% as of Q2 2026, above the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Merrimack County Savings Bank sits 0.36 points lower, at 3.35% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.08% |
| Yield on loans | 5.42% |
| Yield on securities | 2.66% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.86% |
| Cost of interest-bearing deposits | 1.98% |
| Cost of interest-bearing liabilities | 2.15% |
| Cost of borrowings | 3.64% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.35% |
| Yield to cost spread | 2.93% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $15.8M |
| Total interest expense | $5.8M |
| Interest expense on deposits | $4.8M |
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 | 4.39% | 1.90% | 2.62% | 4.73% | 1.59% |
| Q4 2023 | 4.50% | 1.97% | 2.67% | 4.84% | 1.61% |
| Q1 2024 | 4.56% | 2.05% | 2.66% | 4.91% | 1.60% |
| Q2 2024 | 4.66% | 2.15% | 2.67% | 5.02% | 1.65% |
| Q3 2024 | 4.79% | 2.29% | 2.66% | 5.16% | 1.76% |
| Q4 2024 | 4.82% | 2.17% | 2.81% | 5.19% | 1.86% |
| Q1 2025 | 4.85% | 2.14% | 2.86% | 5.21% | 2.03% |
| Q2 2025 | 4.95% | 2.21% | 2.90% | 5.30% | 2.24% |
| Q3 2025 | 5.02% | 2.08% | 3.09% | 5.36% | 2.31% |
| Q4 2025 | 5.04% | 2.02% | 3.18% | 5.42% | 2.35% |
| Q1 2026 | 5.00% | 1.91% | 3.23% | 5.39% | 2.47% |
| Q2 2026 | 5.08% | 1.86% | 3.35% | 5.42% | 2.66% |
Merrimack County Savings 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 Merrimack County Savings 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 Merrimack County Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 17960) · FFIEC NIC profile (RSSD 74403)