Pioneer 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 Total interest expense: 15.4% lower than in Q1 2026, at $2.1M. Pioneer Bank ranks 5th of 29 New Mexico banks on net interest margin, in the upper half at 5.08% (Q2 2026). Pioneer Bank reported 5.08% on net interest margin for Q2 2026, 1.37 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.91% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.87% |
| Cost of interest-bearing deposits | 1.06% |
| Cost of interest-bearing liabilities | 1.24% |
| Cost of borrowings | 2.19% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.08% |
| Yield to cost spread | 4.67% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.9M |
| Total interest expense | $2.1M |
| Interest expense on deposits | $1.4M |
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 |
|---|---|---|---|
| Q3 2023 | 5.46% | 0.91% | 4.57% |
| Q4 2023 | 5.37% | 0.97% | 4.41% |
| Q1 2024 | 5.54% | 0.92% | 4.65% |
| Q2 2024 | 5.83% | 1.06% | 4.79% |
| Q3 2024 | 5.61% | 1.11% | 4.55% |
| Q4 2024 | 5.86% | 0.86% | 5.04% |
| Q1 2025 | 5.78% | 0.80% | 5.01% |
| Q2 2025 | 5.78% | 0.84% | 4.97% |
| Q3 2025 | 5.92% | 0.98% | 5.00% |
| Q4 2025 | 5.85% | 1.09% | 4.82% |
| Q1 2026 | 5.72% | 1.02% | 4.76% |
| Q2 2026 | 5.91% | 0.87% | 5.08% |
Pioneer 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 Pioneer 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 Pioneer Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 27872) · FFIEC NIC profile (RSSD 606176)