North 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.
Compared with Q1 2026, Net interest margin rose 0.17 percentage points in Q2 2026 to 4.04%, the biggest move on this page. North State Bank ranks 9th of 38 North Carolina banks on net interest margin, in the upper half at 4.04% (Q2 2026). North State Bank reported 4.04% on net interest margin for Q2 2026, 0.33 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.45% |
| Yield on loans | 5.74% |
| Yield on securities | 2.80% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.46% |
| Cost of interest-bearing deposits | 1.85% |
| Cost of interest-bearing liabilities | 2.12% |
| Cost of borrowings | 4.29% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.04% |
| Yield to cost spread | 3.33% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $16.8M |
| Total interest expense | $4.8M |
| Interest expense on deposits | $3.7M |
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 | 4.91% | 1.01% | 3.62% | 5.03% | 2.43% |
| Q4 2023 | 5.18% | 1.30% | 3.54% | 5.29% | 2.47% |
| Q1 2024 | 5.15% | 1.44% | 3.36% | 5.29% | 2.49% |
| Q2 2024 | 5.35% | 1.49% | 3.49% | 5.42% | 2.50% |
| Q3 2024 | 5.44% | 1.54% | 3.55% | 5.61% | 2.48% |
| Q4 2024 | 5.45% | 1.41% | 3.72% | 5.62% | 2.51% |
| Q1 2025 | 5.24% | 1.26% | 3.70% | 5.49% | 2.56% |
| Q2 2025 | 5.50% | 1.27% | 3.93% | 5.67% | 2.57% |
| Q3 2025 | 5.87% | 1.31% | 4.27% | 6.12% | 2.69% |
| Q4 2025 | 5.49% | 1.29% | 3.93% | 5.71% | 2.70% |
| Q1 2026 | 5.29% | 1.16% | 3.87% | 5.62% | 2.75% |
| Q2 2026 | 5.45% | 1.46% | 4.04% | 5.74% | 2.80% |
North 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 North 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 North State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 35519) · FFIEC NIC profile (RSSD 2915461)