Southern 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.
In Q2 2026, Total interest expense edged up by 2.1%, from $27.4M to $28.0M, the largest move among the key lines here. Southern Bank ranks 142nd of 192 Missouri banks on net interest margin, in the lower half at 3.64% (Q2 2026). At 3.64%, Southern Bank's net interest margin is close to the 3.71% median for banks in the $1B-10B asset tier (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.92% |
| Yield on loans | 6.17% |
| Yield on securities | 4.07% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.48% |
| Cost of interest-bearing deposits | 2.76% |
| Cost of interest-bearing liabilities | 2.83% |
| Cost of borrowings | 4.09% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.64% |
| Yield to cost spread | 3.09% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $67.3M |
| Total interest expense | $28.0M |
| Interest expense on deposits | $26.4M |
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 | 5.65% | 2.29% | 3.48% | 5.82% | 4.40% |
| Q4 2023 | 5.79% | 2.65% | 3.28% | 5.97% | 4.53% |
| Q1 2024 | 5.84% | 2.80% | 3.19% | 6.01% | 4.61% |
| Q2 2024 | 5.98% | 2.87% | 3.29% | 6.15% | 4.71% |
| Q3 2024 | 6.17% | 2.97% | 3.40% | 6.34% | 4.76% |
| Q4 2024 | 6.10% | 2.90% | 3.39% | 6.31% | 4.54% |
| Q1 2025 | 5.99% | 2.74% | 3.41% | 6.24% | 4.42% |
| Q2 2025 | 6.01% | 2.73% | 3.47% | 6.27% | 4.43% |
| Q3 2025 | 6.17% | 2.75% | 3.62% | 6.42% | 4.36% |
| Q4 2025 | 6.01% | 2.61% | 3.60% | 6.28% | 4.26% |
| Q1 2026 | 5.87% | 2.46% | 3.60% | 6.13% | 4.08% |
| Q2 2026 | 5.92% | 2.48% | 3.64% | 6.17% | 4.07% |
Southern 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 Southern 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 Southern Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 28332) · FFIEC NIC profile (RSSD 272272)