New Millennium 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 Total interest expense: 10.0% lower than in Q1 2026, at $5.6M. Within New Jersey, New Millennium Bank is 14th of 49 on net interest margin, 3.60% as of Q2 2026, above the middle of the field. New Millennium Bank reported 3.60% on net interest margin for Q2 2026, 0.35 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.10% |
| Yield on loans | 6.42% |
| Yield on securities | 7.05% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.93% |
| Cost of interest-bearing deposits | 3.55% |
| Cost of interest-bearing liabilities | 3.55% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.60% |
| Yield to cost spread | 2.55% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $12.7M |
| Total interest expense | $5.6M |
| Interest expense on deposits | $5.6M |
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 | 6.10% | 2.93% | 3.47% | 6.27% | 3.93% |
| Q4 2023 | 6.23% | 3.20% | 3.44% | 6.38% | 3.95% |
| Q1 2024 | 6.34% | 3.53% | 3.23% | 6.46% | 8.14% |
| Q2 2024 | 6.40% | 3.66% | 3.19% | 6.53% | 7.85% |
| Q3 2024 | 6.57% | 3.73% | 3.28% | 6.72% | 8.44% |
| Q4 2024 | 6.30% | 3.66% | 3.08% | 6.53% | 8.16% |
| Q1 2025 | 6.09% | 3.36% | 3.11% | 6.32% | 8.15% |
| Q2 2025 | 6.27% | 3.19% | 3.48% | 6.46% | 7.65% |
| Q3 2025 | 6.33% | 3.21% | 3.53% | 6.55% | 8.17% |
| Q4 2025 | 6.20% | 3.17% | 3.44% | 6.52% | 7.03% |
| Q1 2026 | 5.81% | 3.03% | 3.17% | 6.21% | 6.87% |
| Q2 2026 | 6.10% | 2.93% | 3.60% | 6.42% | 7.05% |
New Millennium 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 New Millennium 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 New Millennium Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 35151) · FFIEC NIC profile (RSSD 2833882)