Range 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, Net interest margin rose 0.24 percentage points in Q2 2026 to 3.97%, the biggest move on this page. Range Bank ranks 41st of 72 Michigan banks on net interest margin, in the lower half at 3.97% (Q2 2026). At 3.97%, Range Bank's net interest margin is close to the 3.94% median for banks in the $100M-1B asset tier (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.33% |
| Yield on loans | 6.34% |
| Yield on securities | 3.55% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.37% |
| Cost of interest-bearing deposits | 1.75% |
| Cost of interest-bearing liabilities | 1.80% |
| Cost of borrowings | 3.42% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.97% |
| Yield to cost spread | 3.53% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $6.0M |
| Total interest expense | $2.0M |
| Interest expense on deposits | $1.9M |
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 | 3.71% | 1.66% | 2.14% | 5.06% | 1.19% |
| Q4 2023 | 3.96% | 1.82% | 2.24% | 5.22% | 1.20% |
| Q1 2024 | 4.29% | 1.96% | 2.44% | 5.35% | 2.09% |
| Q2 2024 | 4.53% | 1.98% | 2.63% | 5.58% | 2.24% |
| Q3 2024 | 4.92% | 2.06% | 2.97% | 6.02% | 2.47% |
| Q4 2024 | 4.83% | 1.96% | 2.97% | 5.85% | 2.89% |
| Q1 2025 | 4.76% | 1.65% | 3.19% | 5.76% | 2.81% |
| Q2 2025 | 5.02% | 1.63% | 3.49% | 6.11% | 2.82% |
| Q3 2025 | 5.24% | 1.67% | 3.69% | 6.31% | 3.41% |
| Q4 2025 | 5.22% | 1.61% | 3.73% | 6.28% | 3.31% |
| Q1 2026 | 5.13% | 1.51% | 3.73% | 6.19% | 3.23% |
| Q2 2026 | 5.33% | 1.37% | 3.97% | 6.34% | 3.55% |
Range 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 Range 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 Range Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5072) · FFIEC NIC profile (RSSD 355559)