Middlesex 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.
Total interest expense fell 3.5% from Q1 2026 to Q2 2026, ending at $26.7M against $27.7M. It was the largest change among the key lines on this page. Within Massachusetts, Middlesex Savings Bank is 61st of 89 on net interest margin, 2.77% as of Q2 2026, below the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Middlesex Savings Bank sits 0.94 points lower, at 2.77% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.61% |
| Yield on loans | 5.07% |
| Yield on securities | 3.83% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.04% |
| Cost of interest-bearing deposits | 2.66% |
| Cost of interest-bearing liabilities | 2.65% |
| Cost of borrowings | 2.10% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.77% |
| Yield to cost spread | 1.96% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $47.0M |
| Total interest expense | $26.7M |
| Interest expense on deposits | $26.0M |
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 | 3.90% | 2.08% | 2.00% | 4.83% | 2.29% |
| Q4 2023 | 4.01% | 2.31% | 1.91% | 4.82% | 2.39% |
| Q1 2024 | 4.03% | 2.49% | 1.75% | 4.83% | 2.41% |
| Q2 2024 | 4.21% | 2.58% | 1.84% | 4.92% | 2.47% |
| Q3 2024 | 4.21% | 2.47% | 1.96% | 5.00% | 2.54% |
| Q4 2024 | 4.23% | 2.44% | 2.05% | 4.95% | 2.74% |
| Q1 2025 | 4.15% | 2.31% | 2.07% | 4.80% | 3.12% |
| Q2 2025 | 4.34% | 2.30% | 2.26% | 4.90% | 3.40% |
| Q3 2025 | 4.52% | 2.29% | 2.45% | 5.13% | 3.60% |
| Q4 2025 | 4.56% | 2.24% | 2.54% | 5.12% | 3.71% |
| Q1 2026 | 4.51% | 2.10% | 2.61% | 4.99% | 3.77% |
| Q2 2026 | 4.61% | 2.04% | 2.77% | 5.07% | 3.83% |
Middlesex 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 Middlesex 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 Middlesex Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 90183) · FFIEC NIC profile (RSSD 888002)