Northrim 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.
Cost of borrowings dropped 0.91 percentage points in Q2 2026, from 1.99% to 1.07%. It was the largest change from Q1 2026 among the key lines here. As of Q2 2026, Northrim Bank ranks first in Alaska on net interest margin among 5 banks, at 5.83%. Against a median of 3.71% for banks in the $1B-10B asset tier, Northrim Bank reported 5.83% on net interest margin in Q2 2026, 2.12 points higher.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.99% |
| Yield on loans | 7.71% |
| Yield on securities | 3.41% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.22% |
| Cost of interest-bearing deposits | 1.70% |
| Cost of interest-bearing liabilities | 1.69% |
| Cost of borrowings | 1.07% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.83% |
| Yield to cost spread | 5.30% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $48.8M |
| Total interest expense | $8.9M |
| Interest expense on deposits | $8.8M |
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 | 5.53% | 1.31% | 4.27% | 6.81% | 2.43% |
| Q4 2023 | 5.56% | 1.44% | 4.18% | 6.75% | 2.46% |
| Q1 2024 | 5.68% | 1.49% | 4.25% | 6.85% | 2.47% |
| Q2 2024 | 5.82% | 1.58% | 4.31% | 6.93% | 2.48% |
| Q3 2024 | 5.96% | 1.63% | 4.40% | 7.00% | 2.50% |
| Q4 2024 | 6.35% | 1.58% | 4.81% | 7.36% | 2.53% |
| Q1 2025 | 6.57% | 1.47% | 5.15% | 7.51% | 2.63% |
| Q2 2025 | 6.84% | 1.55% | 5.36% | 7.68% | 2.77% |
| Q3 2025 | 7.07% | 1.46% | 5.67% | 8.00% | 2.76% |
| Q4 2025 | 6.79% | 1.39% | 5.48% | 7.68% | 2.85% |
| Q1 2026 | 6.68% | 1.27% | 5.49% | 7.49% | 3.08% |
| Q2 2026 | 6.99% | 1.22% | 5.83% | 7.71% | 3.41% |
Northrim 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 Northrim 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 Northrim Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 33216) · FFIEC NIC profile (RSSD 1718188)