Shoreham 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.
Compared with Q1 2026, Total interest expense rose 5.7% in Q2 2026 to $4.1M, the biggest move on this page. Shoreham Bank has the highest net interest margin of the 5 banks headquartered in Rhode Island, 4.26% as of Q2 2026. Shoreham Bank reported 4.26% on net interest margin for Q2 2026, 0.32 points above the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 7.46% |
| Yield on loans | 7.84% |
| Yield on securities | 5.77% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.52% |
| Cost of interest-bearing deposits | 3.55% |
| Cost of interest-bearing liabilities | 3.57% |
| Cost of borrowings | 3.66% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.26% |
| Yield to cost spread | 3.89% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $9.0M |
| Total interest expense | $4.1M |
| Interest expense on deposits | $3.6M |
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 | 8.34% | 3.34% | 5.41% | 8.74% | 5.49% |
| Q4 2023 | 8.55% | 3.61% | 5.36% | 8.89% | 5.61% |
| Q1 2024 | 8.40% | 3.73% | 5.09% | 8.78% | 5.59% |
| Q2 2024 | 8.42% | 3.86% | 4.98% | 8.76% | 5.70% |
| Q3 2024 | 8.45% | 4.10% | 4.80% | 8.84% | 5.46% |
| Q4 2024 | 8.54% | 3.98% | 4.98% | 8.94% | 5.49% |
| Q1 2025 | 8.03% | 3.66% | 4.74% | 8.44% | 5.44% |
| Q2 2025 | 8.24% | 3.67% | 4.93% | 8.66% | 5.58% |
| Q3 2025 | 7.90% | 3.82% | 4.47% | 8.37% | 5.65% |
| Q4 2025 | 8.00% | 3.75% | 4.64% | 8.45% | 5.58% |
| Q1 2026 | 7.47% | 3.58% | 4.27% | 7.88% | 5.57% |
| Q2 2026 | 7.46% | 3.52% | 4.26% | 7.84% | 5.77% |
Shoreham 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 Shoreham 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 Shoreham Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 27417) · FFIEC NIC profile (RSSD 724904)