Salem Five Cents Savings 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 biggest quarter-over-quarter change on this page was a small one: Total interest expense edged up 2.4% between Q1 2026 and Q2 2026, to $49.2M. Within Massachusetts, Salem Five Cents Savings Bank is 74th of 89 on net interest margin, 2.61% as of Q2 2026, below the middle of the field. Salem Five Cents Savings Bank reported 2.61% on net interest margin for Q2 2026, 1.10 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.95% |
| Yield on loans | 5.57% |
| Yield on securities | 2.27% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.59% |
| Cost of interest-bearing deposits | 2.91% |
| Cost of interest-bearing liabilities | 3.01% |
| Cost of borrowings | 3.36% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.61% |
| Yield to cost spread | 1.94% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $93.0M |
| Total interest expense | $49.2M |
| Interest expense on deposits | $36.1M |
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 | 4.59% | 2.38% | 2.45% | 5.35% | 2.11% |
| Q4 2023 | 4.75% | 2.61% | 2.40% | 5.46% | 2.28% |
| Q1 2024 | 4.79% | 2.77% | 2.29% | 5.49% | 2.27% |
| Q2 2024 | 4.87% | 2.95% | 2.21% | 5.57% | 2.29% |
| Q3 2024 | 5.00% | 3.09% | 2.23% | 5.73% | 2.28% |
| Q4 2024 | 4.88% | 2.94% | 2.25% | 5.56% | 2.21% |
| Q1 2025 | 4.82% | 2.77% | 2.32% | 5.47% | 2.25% |
| Q2 2025 | 4.94% | 2.77% | 2.44% | 5.61% | 2.25% |
| Q3 2025 | 5.03% | 2.82% | 2.48% | 5.70% | 2.22% |
| Q4 2025 | 4.96% | 2.73% | 2.49% | 5.59% | 2.17% |
| Q1 2026 | 4.85% | 2.57% | 2.51% | 5.46% | 2.16% |
| Q2 2026 | 4.95% | 2.59% | 2.61% | 5.57% | 2.27% |
Salem Five Cents Savings 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 Five Cents Savings 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 Five Cents Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 23296) · FFIEC NIC profile (RSSD 618807)