Southpoint 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.
Compared with Q1 2026, Total interest expense fell 4.4% in Q2 2026 to $9.3M, the biggest move on this page. Within Alabama, Southpoint Bank is 82nd of 93 on net interest margin, 3.08% as of Q2 2026, below the middle of the field. Southpoint Bank reported 3.08% on net interest margin for Q2 2026, 0.63 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.84% |
| Yield on loans | 6.35% |
| Yield on securities | 2.91% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.70% |
| Cost of interest-bearing deposits | 3.28% |
| Cost of interest-bearing liabilities | 3.28% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.08% |
| Yield to cost spread | 2.56% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $17.6M |
| Total interest expense | $9.3M |
| Interest expense on deposits | $9.3M |
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 | 6.87% | 2.98% | 3.88% | 7.09% | 2.66% |
| Q4 2023 | 6.95% | 3.38% | 3.73% | 7.14% | 2.69% |
| Q1 2024 | 7.08% | 3.49% | 3.64% | 7.23% | 2.79% |
| Q2 2024 | 7.14% | 3.60% | 3.56% | 7.33% | 2.70% |
| Q3 2024 | 7.11% | 3.70% | 3.46% | 7.39% | 2.67% |
| Q4 2024 | 6.63% | 3.72% | 2.99% | 6.96% | 2.54% |
| Q1 2025 | 6.30% | 3.40% | 2.93% | 6.61% | 3.54% |
| Q2 2025 | 6.60% | 3.32% | 3.27% | 7.00% | 3.69% |
| Q3 2025 | 6.56% | 3.14% | 3.37% | 6.95% | 3.61% |
| Q4 2025 | 6.00% | 2.93% | 3.07% | 6.56% | 2.52% |
| Q1 2026 | 5.78% | 2.70% | 3.04% | 6.28% | 3.01% |
| Q2 2026 | 5.84% | 2.70% | 3.08% | 6.35% | 2.91% |
Southpoint 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 Southpoint 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 Southpoint Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58088) · FFIEC NIC profile (RSSD 3386536)