SmartBank: 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.
Cost of borrowings climbed 3.48 percentage points in Q2 2026, from 0.11% to 3.60%. It was the largest change from Q1 2026 among the key lines here. Within Tennessee, SmartBank is 77th of 109 on net interest margin, 3.62% as of Q2 2026. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin; SmartBank reported 3.62% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.65% |
| Yield on loans | 6.03% |
| Yield on securities | 3.70% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.15% |
| Cost of interest-bearing deposits | 2.55% |
| Cost of interest-bearing liabilities | 2.58% |
| Cost of borrowings | 3.60% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.62% |
| Yield to cost spread | 3.07% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $68.3M |
| Total interest expense | $28.1M |
| Interest expense on deposits | $27.7M |
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 | 4.91% | 2.22% | 2.83% | 5.55% | 2.22% |
| Q4 2023 | 5.20% | 2.38% | 2.95% | 5.72% | 2.60% |
| Q1 2024 | 5.28% | 2.51% | 2.90% | 5.79% | 2.75% |
| Q2 2024 | 5.42% | 2.54% | 2.99% | 5.81% | 3.36% |
| Q3 2024 | 5.62% | 2.52% | 3.17% | 6.02% | 3.43% |
| Q4 2024 | 5.62% | 2.43% | 3.29% | 6.05% | 3.40% |
| Q1 2025 | 5.43% | 2.32% | 3.20% | 5.86% | 3.21% |
| Q2 2025 | 5.59% | 2.38% | 3.31% | 6.03% | 3.25% |
| Q3 2025 | 5.69% | 2.44% | 3.37% | 6.17% | 3.35% |
| Q4 2025 | 5.66% | 2.25% | 3.52% | 6.11% | 3.74% |
| Q1 2026 | 5.52% | 2.06% | 3.55% | 5.92% | 3.64% |
| Q2 2026 | 5.65% | 2.15% | 3.62% | 6.03% | 3.70% |
SmartBank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock SmartBank, 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 SmartBank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58463) · FFIEC NIC profile (RSSD 3532641)