Somerset Trust Company: 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 Net interest margin: 0.54 percentage points higher than in Q1 2026, at 4.72%. Among 109 Pennsylvania banks, Somerset Trust Company sits 3rd from the top on net interest margin, 4.72% as of Q2 2026. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Somerset Trust Company sits 1.01 points higher, at 4.72% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.39% |
| Yield on loans | 7.34% |
| Yield on securities | 4.04% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.71% |
| Cost of interest-bearing deposits | 1.82% |
| Cost of interest-bearing liabilities | 2.14% |
| Cost of borrowings | 3.95% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.72% |
| Yield to cost spread | 4.25% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $29.8M |
| Total interest expense | $9.6M |
| Interest expense on deposits | $7.1M |
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 | 5.54% | 1.18% | 4.21% | 6.51% | 3.51% |
| Q4 2023 | 5.57% | 1.37% | 3.98% | 6.52% | 3.49% |
| Q1 2024 | 5.67% | 1.57% | 3.87% | 6.57% | 3.58% |
| Q2 2024 | 5.72% | 1.71% | 3.78% | 6.63% | 3.57% |
| Q3 2024 | 5.90% | 1.83% | 3.84% | 6.85% | 3.71% |
| Q4 2024 | 5.79% | 1.81% | 3.76% | 6.69% | 3.67% |
| Q1 2025 | 5.79% | 2.02% | 3.82% | 6.64% | 3.78% |
| Q2 2025 | 5.95% | 2.01% | 4.00% | 6.86% | 3.80% |
| Q3 2025 | 5.92% | 2.02% | 3.95% | 6.77% | 3.87% |
| Q4 2025 | 6.13% | 1.95% | 4.24% | 7.11% | 3.81% |
| Q1 2026 | 5.92% | 1.78% | 4.18% | 6.69% | 4.07% |
| Q2 2026 | 6.39% | 1.71% | 4.72% | 7.34% | 4.04% |
Somerset Trust Company yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Somerset Trust Company, 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 Somerset Trust Company profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 11112) · FFIEC NIC profile (RSSD 212522)