Primary 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 rose 4.8% in Q2 2026 to $3.3M, the biggest move on this page. Among 16 New Hampshire banks, Primary Bank sits 2nd from the top on net interest margin, 4.11% as of Q2 2026. Primary Bank reported 4.11% on net interest margin for Q2 2026, 0.16 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.87% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.11% |
| Cost of interest-bearing deposits | 2.81% |
| Cost of interest-bearing liabilities | 2.81% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.11% |
| Yield to cost spread | 3.06% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.1M |
| Total interest expense | $3.3M |
| Interest expense on deposits | $3.3M |
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 | 5.50% | 1.74% | 3.98% |
| Q4 2023 | 5.69% | 1.96% | 4.02% |
| Q1 2024 | 5.66% | 2.29% | 3.71% |
| Q2 2024 | 5.85% | 2.27% | 3.92% |
| Q3 2024 | 5.90% | 2.37% | 3.90% |
| Q4 2024 | 5.89% | 2.24% | 4.02% |
| Q1 2025 | 5.74% | 2.21% | 3.87% |
| Q2 2025 | 5.90% | 2.23% | 4.06% |
| Q3 2025 | 5.92% | 2.24% | 4.05% |
| Q4 2025 | 5.59% | 2.13% | 3.86% |
| Q1 2026 | 5.79% | 2.18% | 4.05% |
| Q2 2026 | 5.87% | 2.11% | 4.11% |
Primary 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 Primary 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 Primary Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 59086) · FFIEC NIC profile (RSSD 4845861)