Pittsfield Co-Operative 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: 9.1% higher than in Q1 2026, at $2.1M. Pittsfield Co-Operative Bank ranks 37th of 89 Massachusetts banks on net interest margin, in the upper half at 3.14% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Pittsfield Co-Operative Bank sits 0.81 points lower, at 3.14% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.21% |
| Yield on loans | 5.86% |
| Yield on securities | 2.73% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.22% |
| Cost of interest-bearing deposits | 2.40% |
| Cost of interest-bearing liabilities | 2.71% |
| Cost of borrowings | 3.93% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.14% |
| Yield to cost spread | 2.50% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $4.8M |
| Total interest expense | $2.1M |
| Interest expense on deposits | $1.5M |
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 | 4.13% | 1.25% | 3.01% | 4.67% | 2.25% |
| Q4 2023 | 4.41% | 1.44% | 3.10% | 4.78% | 2.20% |
| Q1 2024 | 4.11% | 1.51% | 2.75% | 4.78% | 2.21% |
| Q2 2024 | 4.25% | 1.69% | 2.72% | 4.90% | 2.21% |
| Q3 2024 | 4.51% | 2.00% | 2.64% | 5.03% | 2.81% |
| Q4 2024 | 4.63% | 2.07% | 2.69% | 5.10% | 3.04% |
| Q1 2025 | 4.51% | 1.94% | 2.73% | 5.08% | 2.85% |
| Q2 2025 | 4.65% | 1.93% | 2.85% | 5.29% | 2.58% |
| Q3 2025 | 4.71% | 2.01% | 2.83% | 5.38% | 2.14% |
| Q4 2025 | 5.10% | 2.05% | 3.22% | 5.68% | 2.81% |
| Q1 2026 | 5.09% | 2.10% | 3.14% | 5.73% | 2.62% |
| Q2 2026 | 5.21% | 2.22% | 3.14% | 5.86% | 2.73% |
Pittsfield Co-Operative 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 Pittsfield Co-Operative 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 Pittsfield Co-Operative Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 26393) · FFIEC NIC profile (RSSD 1000276)