The North Salem State 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 largest change between Q1 2026 and Q2 2026 was in Total interest expense, which rose 6.0% to $4.1M. Within Indiana, The North Salem State Bank is 19th of 87 on net interest margin, 4.19% as of Q2 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. The North Salem State Bank sits 0.24 points higher, at 4.19% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.28% |
| Yield on loans | 6.93% |
| Yield on securities | 3.83% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.24% |
| Cost of interest-bearing deposits | 2.98% |
| Cost of interest-bearing liabilities | 3.02% |
| Cost of borrowings | 3.89% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.19% |
| Yield to cost spread | 3.26% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.8M |
| Total interest expense | $4.1M |
| Interest expense on deposits | $4.0M |
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 | 5.67% | 1.50% | 4.25% | 6.15% | 2.32% |
| Q4 2023 | 5.90% | 1.89% | 4.13% | 6.37% | 2.40% |
| Q1 2024 | 5.94% | 2.05% | 4.00% | 6.43% | 2.27% |
| Q2 2024 | 6.09% | 2.21% | 4.00% | 6.57% | 2.36% |
| Q3 2024 | 6.27% | 2.27% | 4.13% | 6.74% | 2.19% |
| Q4 2024 | 6.30% | 2.20% | 4.25% | 6.81% | 2.41% |
| Q1 2025 | 6.29% | 2.16% | 4.27% | 6.75% | 2.80% |
| Q2 2025 | 6.31% | 2.29% | 4.17% | 6.85% | 2.96% |
| Q3 2025 | 6.46% | 2.26% | 4.35% | 6.96% | 3.07% |
| Q4 2025 | 6.36% | 2.24% | 4.26% | 7.00% | 3.04% |
| Q1 2026 | 6.12% | 2.17% | 4.09% | 6.73% | 3.37% |
| Q2 2026 | 6.28% | 2.24% | 4.19% | 6.93% | 3.83% |
The North Salem State 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 The North Salem State 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 The North Salem State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8063) · FFIEC NIC profile (RSSD 947749)