Seattle 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 Net interest margin: 0.95 percentage points higher than in Q1 2026, at 4.11%. Seattle Bank ranks 9th of 29 Washington banks on net interest margin, in the upper half at 4.11% (Q2 2026). Seattle Bank reported 4.11% on net interest margin for Q2 2026, 0.17 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 7.41% |
| Yield on loans | 7.96% |
| Yield on securities | 3.31% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.71% |
| Cost of interest-bearing deposits | 3.72% |
| Cost of interest-bearing liabilities | 3.72% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.11% |
| Yield to cost spread | 3.69% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $14.4M |
| Total interest expense | $7.3M |
| Interest expense on deposits | $7.3M |
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 | 8.03% | 3.04% | 5.40% | 8.43% | 3.71% |
| Q4 2023 | 8.21% | 3.45% | 5.22% | 8.53% | 4.10% |
| Q1 2024 | 8.43% | 3.81% | 5.12% | 9.18% | 3.74% |
| Q2 2024 | 8.41% | 3.92% | 4.91% | 8.94% | 3.80% |
| Q3 2024 | 7.88% | 4.04% | 4.26% | 8.62% | 3.25% |
| Q4 2024 | 7.76% | 4.09% | 4.00% | 8.29% | 3.30% |
| Q1 2025 | 7.50% | 4.07% | 3.76% | 8.13% | 3.12% |
| Q2 2025 | 7.87% | 3.91% | 4.26% | 8.24% | 3.92% |
| Q3 2025 | 7.61% | 3.84% | 4.12% | 8.11% | 5.49% |
| Q4 2025 | 7.41% | 3.83% | 3.89% | 8.07% | 3.71% |
| Q1 2026 | 6.64% | 3.79% | 3.16% | 7.81% | 5.17% |
| Q2 2026 | 7.41% | 3.71% | 4.11% | 7.96% | 3.31% |
Seattle 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 Seattle 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 Seattle Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 35139) · FFIEC NIC profile (RSSD 2838207)