Security State 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 1.4% between Q1 2026 and Q2 2026, to $3.0M. Security State Bank ranks 29th of 225 Iowa banks on net interest margin, in the upper half at 4.15% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. Security State Bank sits 0.21 points higher, at 4.15% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.62% |
| Yield on loans | 6.77% |
| Yield on securities | 4.84% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.73% |
| Cost of interest-bearing deposits | 2.73% |
| Cost of interest-bearing liabilities | 3.07% |
| Cost of borrowings | 4.10% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.15% |
| Yield to cost spread | 3.55% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $7.6M |
| Total interest expense | $3.0M |
| Interest expense on deposits | $2.0M |
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 | 5.95% | 2.87% | 3.32% | 6.04% | 3.71% |
| Q4 2023 | 6.30% | 3.06% | 3.41% | 6.41% | 3.35% |
| Q1 2024 | 6.29% | 3.25% | 3.29% | 6.44% | 3.73% |
| Q2 2024 | 6.55% | 3.31% | 3.38% | 6.65% | 4.65% |
| Q3 2024 | 6.77% | 3.41% | 3.49% | 6.84% | 5.14% |
| Q4 2024 | 6.71% | 3.18% | 3.77% | 6.81% | 3.57% |
| Q1 2025 | 6.56% | 2.96% | 3.85% | 6.64% | 4.90% |
| Q2 2025 | 6.71% | 3.09% | 3.88% | 6.80% | 4.79% |
| Q3 2025 | 6.86% | 3.08% | 4.05% | 6.97% | 4.86% |
| Q4 2025 | 6.77% | 2.89% | 4.13% | 6.89% | 4.96% |
| Q1 2026 | 6.59% | 2.72% | 4.11% | 6.72% | 4.86% |
| Q2 2026 | 6.62% | 2.73% | 4.15% | 6.77% | 4.84% |
Security State 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 Security State 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 Security State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 235) · FFIEC NIC profile (RSSD 425845)