Sound Community 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.
Net interest margin rose 0.30 percentage points from Q1 2026 to Q2 2026, ending at 3.82% against 3.52%. It was the largest change among the key lines on this page. Sound Community Bank ranks 15th of 29 Washington banks on net interest margin, in the lower half at 3.82% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin; Sound Community Bank reported 3.82% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.78% |
| Yield on loans | 6.04% |
| Yield on securities | 3.16% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.13% |
| Cost of interest-bearing deposits | 2.43% |
| Cost of interest-bearing liabilities | 2.46% |
| Cost of borrowings | 4.15% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.82% |
| Yield to cost spread | 3.32% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $13.8M |
| Total interest expense | $5.1M |
| Interest expense on deposits | $5.0M |
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 | 5.27% | 2.01% | 3.47% | 5.31% | 3.13% |
| Q4 2023 | 5.40% | 2.52% | 3.14% | 5.43% | 3.17% |
| Q1 2024 | 5.42% | 2.68% | 3.01% | 5.46% | 3.17% |
| Q2 2024 | 5.47% | 2.78% | 2.98% | 5.52% | 3.20% |
| Q3 2024 | 5.65% | 2.87% | 3.07% | 5.72% | 3.16% |
| Q4 2024 | 5.64% | 2.66% | 3.22% | 5.80% | 3.20% |
| Q1 2025 | 5.45% | 2.37% | 3.28% | 5.60% | 3.19% |
| Q2 2025 | 5.90% | 2.36% | 3.73% | 6.11% | 3.17% |
| Q3 2025 | 5.75% | 2.37% | 3.58% | 5.93% | 3.23% |
| Q4 2025 | 5.58% | 2.30% | 3.47% | 5.80% | 3.22% |
| Q1 2026 | 5.51% | 2.17% | 3.52% | 5.81% | 3.21% |
| Q2 2026 | 5.78% | 2.13% | 3.82% | 6.04% | 3.16% |
Sound Community 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 Sound Community 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 Sound Community Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 57451) · FFIEC NIC profile (RSSD 429487)