Smartbiz Bank, N.A.: 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 Cost of borrowings: 2.91 percentage points lower than in Q1 2026, at 0.52%. On net interest margin, Smartbiz Bank, N.A. ranks 28th highest among the 323 banks headquartered in Illinois, at 4.62% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Smartbiz Bank, N.A. sits 0.67 points higher, at 4.62% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 7.42% |
| Yield on loans | 8.10% |
| Yield on securities | 4.82% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.95% |
| Cost of interest-bearing deposits | 3.44% |
| Cost of interest-bearing liabilities | 3.32% |
| Cost of borrowings | 0.52% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.62% |
| Yield to cost spread | 4.10% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.0M |
| Total interest expense | $1.2M |
| Interest expense on deposits | $1.2M |
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 | 7.19% | 2.91% | 4.44% | 8.30% | 3.59% |
| Q4 2023 | 7.37% | 3.40% | 4.28% | 8.52% | 3.64% |
| Q1 2024 | 7.19% | 3.62% | 3.85% | 8.20% | 3.89% |
| Q2 2024 | 7.11% | 3.69% | 3.77% | 8.01% | 3.93% |
| Q3 2024 | 7.56% | 3.88% | 4.05% | 8.68% | 3.61% |
| Q4 2024 | 7.12% | 3.76% | 3.74% | 8.15% | 3.42% |
| Q1 2025 | 1.24% | 0.67% | 0.67% | 1.53% | 0.28% |
| Q2 2025 | 7.24% | 3.26% | 4.47% | 8.30% | 3.28% |
| Q3 2025 | 7.60% | 3.26% | 4.68% | 8.33% | 4.93% |
| Q4 2025 | 7.70% | 3.19% | 4.81% | 8.37% | 5.81% |
| Q1 2026 | 7.59% | 3.21% | 4.54% | 8.20% | 4.12% |
| Q2 2026 | 7.42% | 2.95% | 4.62% | 8.10% | 4.82% |
Smartbiz Bank, N.A. yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Smartbiz Bank, N.A., 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 Smartbiz Bank, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58158) · FFIEC NIC profile (RSSD 3377235)