Peoples 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.
Total interest expense fell 3.9% from Q1 2026 to Q2 2026, ending at $5.3M against $5.6M. It was the largest change among the key lines on this page. Peoples Bank ranks 12th of 38 North Carolina banks on net interest margin, in the upper half at 3.85% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Peoples Bank sits 0.14 points higher, at 3.85% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.12% |
| Yield on loans | 5.82% |
| Yield on securities | 3.04% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.21% |
| Cost of interest-bearing deposits | 2.34% |
| Cost of interest-bearing liabilities | 2.34% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.85% |
| Yield to cost spread | 2.78% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $18.2M |
| Total interest expense | $5.3M |
| Interest expense on deposits | $5.3M |
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 | 4.71% | 1.26% | 3.50% | 5.33% | 3.15% |
| Q4 2023 | 4.85% | 1.49% | 3.43% | 5.47% | 3.24% |
| Q1 2024 | 4.95% | 1.61% | 3.40% | 5.56% | 3.36% |
| Q2 2024 | 5.00% | 1.61% | 3.42% | 5.64% | 3.36% |
| Q3 2024 | 5.09% | 1.64% | 3.44% | 5.75% | 3.38% |
| Q4 2024 | 5.04% | 1.55% | 3.48% | 5.71% | 3.35% |
| Q1 2025 | 4.97% | 1.47% | 3.53% | 5.62% | 3.25% |
| Q2 2025 | 5.07% | 1.37% | 3.63% | 5.77% | 3.21% |
| Q3 2025 | 5.12% | 1.40% | 3.68% | 5.88% | 3.10% |
| Q4 2025 | 5.12% | 1.52% | 3.71% | 5.86% | 3.20% |
| Q1 2026 | 5.03% | 1.37% | 3.70% | 5.73% | 3.05% |
| Q2 2026 | 5.12% | 1.21% | 3.85% | 5.82% | 3.04% |
Peoples 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 Peoples 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 Peoples Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5956) · FFIEC NIC profile (RSSD 220527)