South Atlantic 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.
The largest change between Q1 2026 and Q2 2026 was in Net interest margin, which rose 0.15 percentage points to 3.38%. South Atlantic Bank ranks 31st of 44 South Carolina banks on net interest margin, in the lower half at 3.38% (Q2 2026). South Atlantic Bank reported 3.38% on net interest margin for Q2 2026, 0.33 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.41% |
| Yield on loans | 5.97% |
| Yield on securities | 2.69% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.14% |
| Cost of interest-bearing deposits | 2.54% |
| Cost of interest-bearing liabilities | 2.62% |
| Cost of borrowings | 3.72% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.38% |
| Yield to cost spread | 2.79% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $22.4M |
| Total interest expense | $9.3M |
| Interest expense on deposits | $8.2M |
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 | 4.91% | 2.14% | 2.88% | 5.47% | 2.82% |
| Q4 2023 | 5.11% | 2.35% | 2.87% | 5.63% | 2.90% |
| Q1 2024 | 5.17% | 2.59% | 2.66% | 5.77% | 2.91% |
| Q2 2024 | 5.24% | 2.71% | 2.65% | 5.83% | 3.00% |
| Q3 2024 | 5.38% | 2.75% | 2.75% | 5.96% | 3.02% |
| Q4 2024 | 5.40% | 2.55% | 2.97% | 5.94% | 2.83% |
| Q1 2025 | 5.33% | 2.37% | 3.05% | 5.92% | 2.86% |
| Q2 2025 | 5.36% | 2.34% | 3.11% | 6.00% | 2.50% |
| Q3 2025 | 5.56% | 2.34% | 3.33% | 6.19% | 2.66% |
| Q4 2025 | 5.52% | 2.24% | 3.41% | 6.13% | 2.67% |
| Q1 2026 | 5.30% | 2.17% | 3.23% | 5.88% | 2.68% |
| Q2 2026 | 5.41% | 2.14% | 3.38% | 5.97% | 2.69% |
South Atlantic 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 South Atlantic 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 South Atlantic Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58689) · FFIEC NIC profile (RSSD 3637247)