Southern Independent 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 Yield on loans, which rose 0.45 percentage points to 6.82%. Within Alabama, Southern Independent Bank is 79th of 93 on net interest margin, 3.23% as of Q2 2026, below the middle of the field. Southern Independent Bank reported 3.23% on net interest margin for Q2 2026, 0.72 points below the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.25% |
| Yield on loans | 6.82% |
| Yield on securities | 3.71% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.24% |
| Cost of interest-bearing deposits | 2.93% |
| Cost of interest-bearing liabilities | 2.98% |
| Cost of borrowings | 4.31% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.23% |
| Yield to cost spread | 2.27% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $3.2M |
| Total interest expense | $2.0M |
| Interest expense on deposits | $1.9M |
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 | 4.72% | 1.89% | 3.02% | 6.82% | 2.80% |
| Q4 2023 | 5.00% | 2.18% | 3.03% | 7.31% | 2.91% |
| Q1 2024 | 5.04% | 2.44% | 2.82% | 7.50% | 2.94% |
| Q2 2024 | 4.99% | 2.60% | 2.67% | 7.16% | 3.02% |
| Q3 2024 | 5.12% | 2.65% | 2.79% | 7.26% | 3.04% |
| Q4 2024 | 4.99% | 2.56% | 2.78% | 6.95% | 3.03% |
| Q1 2025 | 4.97% | 2.40% | 2.84% | 7.01% | 3.07% |
| Q2 2025 | 5.12% | 2.42% | 2.99% | 7.13% | 3.11% |
| Q3 2025 | 5.24% | 2.49% | 3.06% | 7.26% | 3.30% |
| Q4 2025 | 5.48% | 2.42% | 3.27% | 7.48% | 3.61% |
| Q1 2026 | 5.01% | 2.26% | 3.04% | 6.37% | 3.65% |
| Q2 2026 | 5.25% | 2.24% | 3.23% | 6.82% | 3.71% |
Southern Independent 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 Independent 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 Independent Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58357) · FFIEC NIC profile (RSSD 3531176)