Reading 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.
Compared with Q1 2026, Total interest expense fell 2.6% in Q2 2026 to $5.6M, the biggest move on this page. Reading Co-Operative Bank ranks 27th of 89 Massachusetts banks on net interest margin, in the upper half at 3.32% (Q2 2026). Reading Co-Operative Bank reported 3.32% on net interest margin for Q2 2026, 0.39 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.33% |
| Yield on loans | 5.65% |
| Yield on securities | 3.33% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.19% |
| Cost of interest-bearing deposits | 2.40% |
| Cost of interest-bearing liabilities | 2.53% |
| Cost of borrowings | 4.13% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.32% |
| Yield to cost spread | 2.80% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $13.5M |
| Total interest expense | $5.6M |
| Interest expense on deposits | $5.1M |
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 | 4.60% | 2.21% | 2.49% | 4.74% | 3.36% |
| Q4 2023 | 4.79% | 2.44% | 2.47% | 4.91% | 3.40% |
| Q1 2024 | 4.83% | 2.52% | 2.44% | 4.99% | 3.41% |
| Q2 2024 | 4.90% | 2.55% | 2.48% | 5.06% | 3.31% |
| Q3 2024 | 5.03% | 2.66% | 2.53% | 5.25% | 3.37% |
| Q4 2024 | 5.07% | 2.57% | 2.65% | 5.26% | 3.34% |
| Q1 2025 | 4.94% | 2.43% | 2.65% | 5.24% | 3.32% |
| Q2 2025 | 4.89% | 2.43% | 2.67% | 5.20% | 3.08% |
| Q3 2025 | 5.76% | 2.43% | 3.53% | 6.12% | 3.70% |
| Q4 2025 | 5.45% | 2.41% | 3.25% | 5.80% | 3.30% |
| Q1 2026 | 5.33% | 2.23% | 3.28% | 5.72% | 3.33% |
| Q2 2026 | 5.33% | 2.19% | 3.32% | 5.65% | 3.33% |
Reading 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 Reading 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 Reading Co-Operative Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 26620) · FFIEC NIC profile (RSSD 1008674)