Spencer Savings Bank, Savings and Loan Association: 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, Yield on securities edged down by 0.17 percentage points, from 3.96% to 3.79%, the largest move among the key lines here. Spencer Savings Bank, Savings and Loan Association ranks 34th of 49 New Jersey banks on net interest margin, in the lower half at 2.82% (Q2 2026). Spencer Savings Bank, Savings and Loan Association reported 2.82% on net interest margin for Q2 2026, 0.89 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.04% |
| Yield on loans | 5.24% |
| Yield on securities | 3.79% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.71% |
| Cost of interest-bearing deposits | 2.58% |
| Cost of interest-bearing liabilities | 2.72% |
| Cost of borrowings | 3.71% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.82% |
| Yield to cost spread | 2.32% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $42.9M |
| Total interest expense | $21.3M |
| Interest expense on deposits | $17.6M |
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 | 4.54% | 2.46% | 2.24% | 4.70% | 3.01% |
| Q4 2023 | 4.51% | 2.72% | 2.02% | 4.64% | 3.11% |
| Q1 2024 | 4.59% | 2.84% | 2.01% | 4.69% | 3.53% |
| Q2 2024 | 4.66% | 3.03% | 2.00% | 4.75% | 3.59% |
| Q3 2024 | 4.78% | 3.14% | 2.03% | 4.89% | 3.61% |
| Q4 2024 | 4.72% | 3.00% | 2.03% | 4.82% | 3.59% |
| Q1 2025 | 4.72% | 3.06% | 2.17% | 4.91% | 3.51% |
| Q2 2025 | 4.91% | 2.97% | 2.44% | 5.04% | 3.95% |
| Q3 2025 | 4.85% | 2.93% | 2.43% | 5.04% | 3.70% |
| Q4 2025 | 4.95% | 2.75% | 2.60% | 5.17% | 3.61% |
| Q1 2026 | 4.99% | 2.61% | 2.77% | 5.15% | 3.96% |
| Q2 2026 | 5.04% | 2.71% | 2.82% | 5.24% | 3.79% |
Spencer Savings Bank, Savings and Loan Association yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Spencer Savings Bank, Savings and Loan Association, 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 Spencer Savings Bank, Savings and Loan Association profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 30076) · FFIEC NIC profile (RSSD 845573)