Select 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 2.2% between Q1 2026 and Q2 2026, to $3.1M. Select Bank ranks 42nd of 56 Virginia banks on net interest margin, in the lower half at 3.43% (Q2 2026). Select Bank reported 3.43% on net interest margin for Q2 2026, 0.51 points below the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.00% |
| Yield on loans | 6.27% |
| Yield on securities | 2.87% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.64% |
| Cost of interest-bearing deposits | 3.06% |
| Cost of interest-bearing liabilities | 3.06% |
| Cost of borrowings | 3.77% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.43% |
| Yield to cost spread | 2.94% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $7.0M |
| Total interest expense | $3.1M |
| Interest expense on deposits | $3.0M |
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 | 5.38% | 2.56% | 2.89% | 5.64% | 2.95% |
| Q4 2023 | 5.50% | 3.05% | 2.68% | 5.75% | 3.05% |
| Q1 2024 | 5.77% | 3.33% | 2.78% | 6.09% | 2.85% |
| Q2 2024 | 5.61% | 3.26% | 2.44% | 5.92% | 2.63% |
| Q3 2024 | 5.83% | 3.29% | 2.64% | 6.12% | 2.99% |
| Q4 2024 | 5.72% | 3.12% | 2.72% | 6.03% | 2.76% |
| Q1 2025 | 5.69% | 2.90% | 2.87% | 5.99% | 2.77% |
| Q2 2025 | 5.96% | 2.91% | 3.15% | 6.25% | 2.84% |
| Q3 2025 | 6.09% | 2.89% | 3.30% | 6.40% | 2.84% |
| Q4 2025 | 6.09% | 2.76% | 3.45% | 6.39% | 2.79% |
| Q1 2026 | 6.06% | 2.61% | 3.53% | 6.35% | 2.78% |
| Q2 2026 | 6.00% | 2.64% | 3.43% | 6.27% | 2.87% |
Select 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 Select 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 Select Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58563) · FFIEC NIC profile (RSSD 3567269)