Nova 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.
Net interest margin climbed 0.38 percentage points in Q2 2026, from 4.96% to 5.34%. It was the largest change from Q1 2026 among the key lines here. On net interest margin, Nova Bank ranks 6th highest among the 93 banks headquartered in Alabama, at 5.34% (Q2 2026). Nova Bank reported 5.34% on net interest margin for Q2 2026, 1.45 points above the 3.89% median for banks in the < $100M asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 7.50% |
| Yield on loans | 8.26% |
| Yield on securities | 4.95% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.92% |
| Cost of interest-bearing deposits | 3.40% |
| Cost of interest-bearing liabilities | 3.40% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.34% |
| Yield to cost spread | 4.10% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.5M |
| Total interest expense | $469K |
| Interest expense on deposits | $469K |
Yields and Funding Costs trend
Last 10 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 |
|---|---|---|---|---|---|
| Q1 2024 | 3.67% | 2.35% | 3.61% | 7.65% | 1.53% |
| Q2 2024 | 6.87% | 2.35% | 6.39% | 11.56% | 3.52% |
| Q3 2024 | 6.49% | 2.76% | 5.59% | 9.24% | 2.84% |
| Q4 2024 | 8.05% | 2.96% | 6.69% | 8.17% | 4.51% |
| Q1 2025 | 6.46% | 4.53% | 3.59% | 8.69% | 2.69% |
| Q2 2025 | 7.07% | 3.60% | 4.39% | 8.54% | 6.38% |
| Q3 2025 | 7.78% | 4.09% | 4.48% | 8.84% | 5.92% |
| Q4 2025 | 7.66% | 3.85% | 4.83% | 8.63% | 6.23% |
| Q1 2026 | 7.29% | 3.30% | 4.96% | 8.26% | 4.75% |
| Q2 2026 | 7.50% | 2.92% | 5.34% | 8.26% | 4.95% |
Nova 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 Nova 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 Nova Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 59326) · FFIEC NIC profile (RSSD 5807400)