Salem 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 Yield on securities: 0.90 percentage points lower than in Q1 2026, at 3.02%. On net interest margin, Salem Co-Operative Bank is 2nd from the bottom among 16 New Hampshire banks, 2.41% (Q2 2026). Salem Co-Operative Bank reported 2.41% on net interest margin for Q2 2026, 1.54 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.71% |
| Yield on loans | 4.89% |
| Yield on securities | 3.02% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.53% |
| Cost of interest-bearing deposits | 2.43% |
| Cost of interest-bearing liabilities | 2.78% |
| Cost of borrowings | 4.07% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.41% |
| Yield to cost spread | 1.93% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.9M |
| Total interest expense | $3.1M |
| Interest expense on deposits | $2.1M |
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 | 3.97% | 2.57% | 1.74% | 4.07% | 2.93% |
| Q4 2023 | 4.09% | 2.72% | 1.63% | 4.15% | 3.06% |
| Q1 2024 | 4.18% | 2.86% | 1.59% | 4.28% | 3.04% |
| Q2 2024 | 4.31% | 2.99% | 1.60% | 4.39% | 3.14% |
| Q3 2024 | 4.38% | 3.11% | 1.54% | 4.48% | 3.24% |
| Q4 2024 | 4.59% | 3.06% | 1.79% | 4.66% | 3.18% |
| Q1 2025 | 4.51% | 3.04% | 1.77% | 4.67% | 3.17% |
| Q2 2025 | 4.60% | 2.95% | 1.95% | 4.76% | 3.24% |
| Q3 2025 | 4.73% | 2.88% | 2.14% | 4.95% | 3.19% |
| Q4 2025 | 4.74% | 2.80% | 2.24% | 4.90% | 3.30% |
| Q1 2026 | 4.74% | 2.57% | 2.40% | 4.83% | 3.92% |
| Q2 2026 | 4.71% | 2.53% | 2.41% | 4.89% | 3.02% |
Salem 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 Salem 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 Salem Co-Operative Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 27824) · FFIEC NIC profile (RSSD 670878)