Seamens 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.
Yield to cost spread climbed 1.23 percentage points in Q2 2026, from 2.27% to 3.49%. It was the largest change from Q1 2026 among the key lines here. On net interest margin, Seamens Bank ranks 6th highest among the 89 banks headquartered in Massachusetts, at 3.97% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.94% on net interest margin; Seamens Bank reported 3.97% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.37% |
| Yield on loans | 5.74% |
| Yield on securities | 3.95% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.52% |
| Cost of interest-bearing deposits | 1.83% |
| Cost of interest-bearing liabilities | 1.88% |
| Cost of borrowings | 3.37% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.97% |
| Yield to cost spread | 3.49% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.1M |
| Total interest expense | $1.6M |
| Interest expense on deposits | $1.5M |
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% | 1.23% | 3.47% | 5.07% | 2.36% |
| Q4 2023 | 4.78% | 1.25% | 3.62% | 5.13% | 2.46% |
| Q1 2024 | 4.79% | 1.36% | 3.54% | 5.18% | 2.87% |
| Q2 2024 | 4.96% | 1.50% | 3.58% | 5.39% | 2.97% |
| Q3 2024 | 5.02% | 1.61% | 3.55% | 5.48% | 3.20% |
| Q4 2024 | 5.18% | 1.77% | 3.56% | 5.60% | 3.35% |
| Q1 2025 | 5.15% | 1.83% | 3.47% | 5.66% | 3.39% |
| Q2 2025 | 5.20% | 1.77% | 3.56% | 5.61% | 3.64% |
| Q3 2025 | 5.22% | 1.62% | 3.74% | 5.72% | 3.62% |
| Q4 2025 | 5.31% | 1.19% | 3.91% | 5.72% | 3.84% |
| Q1 2026 | 5.24% | 1.15% | 3.88% | 5.66% | 3.84% |
| Q2 2026 | 5.37% | 1.52% | 3.97% | 5.74% | 3.95% |
Seamens 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 Seamens 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 Seamens Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 90268) · FFIEC NIC profile (RSSD 418100)