Piermont 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.
Compared with Q1 2026, Total interest expense fell 5.9% in Q2 2026 to $2.8M, the biggest move on this page. Within New York, Piermont Bank is 91st of 105 on net interest margin, 2.38% as of Q2 2026, below the middle of the field. Piermont Bank reported 2.38% on net interest margin for Q2 2026, 1.57 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.69% |
| Yield on loans | 5.42% |
| Yield on securities | 2.99% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.67% |
| Cost of interest-bearing deposits | 3.16% |
| Cost of interest-bearing liabilities | 3.15% |
| Cost of borrowings | 4.15% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.38% |
| Yield to cost spread | 1.54% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $4.1M |
| Total interest expense | $2.8M |
| Interest expense on deposits | $2.4M |
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 | 5.23% | 2.98% | 2.69% | 6.10% | 2.30% |
| Q4 2023 | 5.44% | 3.36% | 2.65% | 6.08% | 2.31% |
| Q1 2024 | 5.35% | 3.08% | 3.09% | 6.29% | 2.31% |
| Q2 2024 | 5.61% | 3.30% | 2.96% | 6.25% | 2.43% |
| Q3 2024 | 5.12% | 3.15% | 2.48% | 5.92% | 2.44% |
| Q4 2024 | 5.49% | 3.56% | 2.48% | 6.41% | 2.69% |
| Q1 2025 | 4.46% | 3.03% | 1.95% | 5.06% | 2.89% |
| Q2 2025 | 4.91% | 2.88% | 2.48% | 5.65% | 2.85% |
| Q3 2025 | 4.63% | 3.15% | 1.98% | 5.46% | 2.83% |
| Q4 2025 | 4.65% | 3.05% | 2.07% | 5.31% | 3.01% |
| Q1 2026 | 4.53% | 2.84% | 2.11% | 5.40% | 3.03% |
| Q2 2026 | 4.69% | 2.67% | 2.38% | 5.42% | 2.99% |
Piermont 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 Piermont 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 Piermont Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 59154) · FFIEC NIC profile (RSSD 5342974)