Piedmont Federal Savings 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.
The standout move of Q2 2026 was in Cost of borrowings: 0.98 percentage points higher than in Q1 2026, at 4.15%. On net interest margin, Piedmont Federal Savings Bank is 3rd from the bottom among 38 North Carolina banks, 2.41% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Piedmont Federal Savings Bank sits 1.30 points lower, at 2.41% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.51% |
| Yield on loans | 5.14% |
| Yield on securities | 2.75% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.50% |
| Cost of interest-bearing deposits | 2.41% |
| Cost of interest-bearing liabilities | 2.56% |
| Cost of borrowings | 4.15% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.41% |
| Yield to cost spread | 1.95% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.6M |
| Total interest expense | $6.5M |
| Interest expense on deposits | $5.5M |
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 | 4.01% | 2.62% | 1.85% | 4.39% | 3.12% |
| Q4 2023 | 4.01% | 2.83% | 1.65% | 4.25% | 3.27% |
| Q1 2024 | 4.36% | 3.15% | 1.72% | 4.73% | 3.44% |
| Q2 2024 | 4.50% | 3.21% | 1.78% | 4.88% | 3.49% |
| Q3 2024 | 4.55% | 3.32% | 1.81% | 4.98% | 3.46% |
| Q4 2024 | 4.46% | 2.75% | 1.92% | 4.92% | 3.11% |
| Q1 2025 | 4.32% | 2.57% | 1.97% | 4.82% | 2.95% |
| Q2 2025 | 4.39% | 2.71% | 2.13% | 4.88% | 3.06% |
| Q3 2025 | 4.36% | 2.69% | 2.19% | 4.94% | 2.97% |
| Q4 2025 | 4.43% | 2.69% | 2.25% | 4.97% | 3.01% |
| Q1 2026 | 4.41% | 2.55% | 2.32% | 5.02% | 2.79% |
| Q2 2026 | 4.51% | 2.50% | 2.41% | 5.14% | 2.75% |
Piedmont Federal Savings 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 Piedmont Federal Savings 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 Piedmont Federal Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 27619) · FFIEC NIC profile (RSSD 864471)