Needham 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: 0.86 percentage points lower than in Q1 2026, at 5.62%. On net interest margin, Needham Bank ranks 8th highest among the 89 banks headquartered in Massachusetts, at 3.96% (Q2 2026). Needham Bank reported 3.96% on net interest margin for Q2 2026, 0.25 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.51% |
| Yield on loans | 6.75% |
| Yield on securities | 3.88% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.92% |
| Cost of interest-bearing deposits | 3.08% |
| Cost of interest-bearing liabilities | 3.18% |
| Cost of borrowings | 5.62% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.96% |
| Yield to cost spread | 3.33% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $106.6M |
| Total interest expense | $43.6M |
| Interest expense on deposits | $40.7M |
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 | 6.00% | 2.85% | 3.37% | 6.26% | 1.83% |
| Q4 2023 | 6.20% | 3.13% | 3.39% | 6.52% | 2.03% |
| Q1 2024 | 6.32% | 3.20% | 3.52% | 6.56% | 2.18% |
| Q2 2024 | 6.31% | 3.33% | 3.36% | 6.55% | 2.99% |
| Q3 2024 | 6.49% | 3.42% | 3.45% | 6.73% | 3.26% |
| Q4 2024 | 6.46% | 3.67% | 3.16% | 6.64% | 3.77% |
| Q1 2025 | 6.32% | 3.16% | 3.44% | 6.55% | 3.82% |
| Q2 2025 | 6.48% | 3.07% | 3.71% | 6.67% | 3.86% |
| Q3 2025 | 6.46% | 3.09% | 3.71% | 6.71% | 3.71% |
| Q4 2025 | 6.54% | 3.05% | 3.90% | 6.76% | 4.17% |
| Q1 2026 | 6.33% | 2.86% | 3.81% | 6.57% | 3.92% |
| Q2 2026 | 6.51% | 2.92% | 3.96% | 6.75% | 3.88% |
Needham 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 Needham 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 Needham Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 26483) · FFIEC NIC profile (RSSD 339773)