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 dropped 9.6% in Q2 2026, from $7.7M to $6.9M. It was the largest change from Q1 2026 among the key lines here. Peoples Bank ranks 11th of 29 Washington banks on net interest margin, in the upper half at 4.08% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Peoples Bank sits 0.37 points higher, at 4.08% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.25% |
| Yield on loans | 5.67% |
| Yield on securities | 2.82% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.32% |
| Cost of interest-bearing deposits | 1.90% |
| Cost of interest-bearing liabilities | 1.90% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.08% |
| Yield to cost spread | 3.35% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $27.4M |
| Total interest expense | $6.9M |
| Interest expense on deposits | $6.9M |
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 | 4.82% | 1.10% | 3.79% | 5.32% | 2.04% |
| Q4 2023 | 4.88% | 1.31% | 3.69% | 5.38% | 2.10% |
| Q1 2024 | 4.91% | 1.44% | 3.62% | 5.39% | 2.15% |
| Q2 2024 | 4.99% | 1.56% | 3.58% | 5.47% | 2.15% |
| Q3 2024 | 5.17% | 1.60% | 3.73% | 5.62% | 2.22% |
| Q4 2024 | 5.14% | 1.49% | 3.80% | 5.56% | 2.29% |
| Q1 2025 | 5.05% | 1.39% | 3.78% | 5.45% | 2.32% |
| Q2 2025 | 5.20% | 1.42% | 3.92% | 5.59% | 2.36% |
| Q3 2025 | 5.53% | 1.42% | 4.26% | 5.73% | 2.44% |
| Q4 2025 | 5.29% | 1.38% | 4.06% | 5.70% | 2.48% |
| Q1 2026 | 5.08% | 1.39% | 3.83% | 5.53% | 2.49% |
| Q2 2026 | 5.25% | 1.32% | 4.08% | 5.67% | 2.82% |
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 6158) · FFIEC NIC profile (RSSD 455972)