PeoplesBank: 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.
Compared with Q1 2026, Cost of borrowings fell 0.52 percentage points in Q2 2026 to 3.84%, the biggest move on this page. PeoplesBank ranks 62nd of 89 Massachusetts banks on net interest margin, in the lower half at 2.76% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. PeoplesBank sits 0.95 points lower, at 2.76% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.03% |
| Yield on loans | 5.24% |
| Yield on securities | 4.21% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.26% |
| Cost of interest-bearing deposits | 2.53% |
| Cost of interest-bearing liabilities | 2.79% |
| Cost of borrowings | 3.84% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.76% |
| Yield to cost spread | 2.24% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $46.2M |
| Total interest expense | $24.5M |
| Interest expense on deposits | $18.2M |
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 | 4.75% | 2.13% | 2.72% | 4.81% | 4.35% |
| Q4 2023 | 4.91% | 2.30% | 2.64% | 5.00% | 4.44% |
| Q1 2024 | 5.09% | 2.55% | 2.65% | 5.20% | 4.47% |
| Q2 2024 | 5.22% | 2.73% | 2.59% | 5.35% | 4.62% |
| Q3 2024 | 5.28% | 2.87% | 2.51% | 5.41% | 4.57% |
| Q4 2024 | 5.29% | 2.71% | 2.69% | 5.43% | 4.56% |
| Q1 2025 | 5.16% | 2.46% | 2.78% | 5.30% | 4.41% |
| Q2 2025 | 5.22% | 2.38% | 2.86% | 5.40% | 4.33% |
| Q3 2025 | 5.24% | 2.44% | 2.84% | 5.45% | 4.25% |
| Q4 2025 | 4.98% | 2.40% | 2.58% | 5.14% | 4.17% |
| Q1 2026 | 5.00% | 2.28% | 2.73% | 5.21% | 4.18% |
| Q2 2026 | 5.03% | 2.26% | 2.76% | 5.24% | 4.21% |
PeoplesBank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock PeoplesBank, 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 PeoplesBank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 90213) · FFIEC NIC profile (RSSD 613400)