Pilot Grove 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.
Total interest expense rose 4.9% from Q1 2026 to Q2 2026, ending at $5.6M against $5.3M. It was the largest change among the key lines on this page. Within Iowa, Pilot Grove Savings Bank is 72nd of 225 on net interest margin, 3.86% as of Q2 2026, above the middle of the field. Pilot Grove Savings Bank reported 3.86% on net interest margin for Q2 2026, 0.15 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.79% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.16% |
| Cost of interest-bearing deposits | 2.55% |
| Cost of interest-bearing liabilities | 2.57% |
| Cost of borrowings | 3.83% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.86% |
| Yield to cost spread | 3.22% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $13.8M |
| Total interest expense | $5.6M |
| 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 |
|---|---|---|---|
| Q3 2023 | 4.60% | 1.56% | 3.18% |
| Q4 2023 | 4.81% | 1.78% | 3.20% |
| Q1 2024 | 4.98% | 2.03% | 3.10% |
| Q2 2024 | 5.14% | 2.23% | 3.11% |
| Q3 2024 | 5.46% | 2.45% | 3.29% |
| Q4 2024 | 5.52% | 2.43% | 3.32% |
| Q1 2025 | 5.49% | 2.27% | 3.42% |
| Q2 2025 | 5.66% | 2.27% | 3.61% |
| Q3 2025 | 5.77% | 2.33% | 3.66% |
| Q4 2025 | 5.81% | 2.30% | 3.73% |
| Q1 2026 | 5.73% | 2.14% | 3.81% |
| Q2 2026 | 5.79% | 2.16% | 3.86% |
Pilot Grove 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 Pilot Grove 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 Pilot Grove Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 9100) · FFIEC NIC profile (RSSD 585749)