Southern Bank and 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 Cost of borrowings: 2.09 percentage points lower than in Q1 2026, at 0.26%. Within North Carolina, Southern Bank and Trust Company is 17th of 38 on net interest margin, 3.59% as of Q2 2026, above the middle of the field. Southern Bank and Trust Company reported 3.59% on net interest margin for Q2 2026, 0.12 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.51% |
| Yield on loans | 5.52% |
| Yield on securities | 2.25% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.00% |
| Cost of interest-bearing deposits | 1.49% |
| Cost of interest-bearing liabilities | 1.48% |
| Cost of borrowings | 0.26% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.59% |
| Yield to cost spread | 3.03% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $48.7M |
| Total interest expense | $12.2M |
| Interest expense on deposits | $12.2M |
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 | 3.63% | 1.28% | 2.45% | 4.57% | 1.83% |
| Q4 2023 | 3.72% | 1.36% | 2.50% | 4.68% | 1.85% |
| Q1 2024 | 3.86% | 1.48% | 2.51% | 4.83% | 1.91% |
| Q2 2024 | 3.94% | 1.58% | 2.51% | 4.94% | 1.88% |
| Q3 2024 | 4.07% | 1.65% | 2.57% | 5.09% | 1.87% |
| Q4 2024 | 4.06% | 1.52% | 2.68% | 5.08% | 1.82% |
| Q1 2025 | 4.08% | 1.35% | 2.83% | 5.14% | 1.81% |
| Q2 2025 | 4.27% | 1.26% | 3.11% | 5.37% | 1.87% |
| Q3 2025 | 4.37% | 1.28% | 3.20% | 5.47% | 1.94% |
| Q4 2025 | 4.47% | 1.16% | 3.40% | 5.52% | 2.14% |
| Q1 2026 | 4.45% | 1.03% | 3.50% | 5.49% | 2.20% |
| Q2 2026 | 4.51% | 1.00% | 3.59% | 5.52% | 2.25% |
Southern Bank and 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 Southern Bank and 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 Southern Bank and Trust Company profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15359) · FFIEC NIC profile (RSSD 717924)