Pioneer Bank & Trust: 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 biggest quarter-over-quarter change on this page was a small one: Net interest margin edged up 0.05 percentage points between Q1 2026 and Q2 2026, to 3.92%. Pioneer Bank & Trust ranks 27th of 56 South Dakota banks on net interest margin, in the upper half at 3.92% (Q2 2026). Pioneer Bank & Trust reported 3.92% on net interest margin for Q2 2026, 0.21 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.20% |
| Yield on loans | 7.27% |
| Yield on securities | 2.05% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.39% |
| Cost of interest-bearing deposits | 1.79% |
| Cost of interest-bearing liabilities | 1.79% |
| Cost of borrowings | 0.00% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.92% |
| Yield to cost spread | 3.41% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.0M |
| Total interest expense | $3.0M |
| Interest expense on deposits | $3.0M |
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 | 3.97% | 1.83% | 2.24% | 6.69% | 1.33% |
| Q4 2023 | 4.29% | 1.98% | 2.44% | 6.85% | 1.64% |
| Q1 2024 | 4.27% | 1.95% | 2.43% | 6.84% | 1.68% |
| Q2 2024 | 4.45% | 2.05% | 2.51% | 7.09% | 1.56% |
| Q3 2024 | 4.70% | 2.05% | 2.79% | 7.33% | 1.69% |
| Q4 2024 | 4.80% | 1.76% | 3.18% | 7.35% | 1.74% |
| Q1 2025 | 4.86% | 1.60% | 3.38% | 7.25% | 1.77% |
| Q2 2025 | 5.05% | 1.64% | 3.54% | 7.42% | 1.77% |
| Q3 2025 | 5.27% | 1.59% | 3.79% | 7.63% | 1.88% |
| Q4 2025 | 5.15% | 1.46% | 3.82% | 7.46% | 1.95% |
| Q1 2026 | 5.13% | 1.38% | 3.87% | 7.32% | 2.06% |
| Q2 2026 | 5.20% | 1.39% | 3.92% | 7.27% | 2.05% |
Pioneer Bank & Trust 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 & Trust, 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 & Trust profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15562) · FFIEC NIC profile (RSSD 65559)