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 rose 5.2% from Q1 2026 to Q2 2026, ending at $6.7M against $6.3M. It was the largest change among the key lines on this page. Peoples Bank ranks 30th of 225 Iowa banks on net interest margin, in the upper half at 4.15% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Peoples Bank sits 0.44 points higher, at 4.15% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.39% |
| Yield on loans | 6.60% |
| Yield on securities | 4.51% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.44% |
| Cost of interest-bearing deposits | 2.76% |
| Cost of interest-bearing liabilities | 2.82% |
| Cost of borrowings | 3.95% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.15% |
| Yield to cost spread | 3.57% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $17.6M |
| Total interest expense | $6.7M |
| Interest expense on deposits | $6.2M |
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 | 5.89% | 2.45% | 3.66% | 6.31% | 2.79% |
| Q4 2023 | 6.11% | 2.62% | 3.72% | 6.51% | 2.86% |
| Q1 2024 | 6.22% | 2.77% | 3.66% | 6.61% | 2.98% |
| Q2 2024 | 6.38% | 2.95% | 3.66% | 6.76% | 3.24% |
| Q3 2024 | 6.47% | 3.01% | 3.71% | 6.88% | 3.34% |
| Q4 2024 | 6.38% | 2.89% | 3.72% | 6.79% | 3.52% |
| Q1 2025 | 6.29% | 2.65% | 3.84% | 6.65% | 3.82% |
| Q2 2025 | 6.46% | 2.62% | 4.04% | 6.78% | 4.05% |
| Q3 2025 | 6.54% | 2.65% | 4.12% | 6.85% | 4.16% |
| Q4 2025 | 6.41% | 2.53% | 4.08% | 6.67% | 4.35% |
| Q1 2026 | 6.29% | 2.40% | 4.08% | 6.53% | 4.42% |
| Q2 2026 | 6.39% | 2.44% | 4.15% | 6.60% | 4.51% |
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 16265) · FFIEC NIC profile (RSSD 998844)