State 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 rose 6.2% in Q2 2026 to $4.0M, the biggest move on this page. State Bank ranks 33rd of 87 Indiana banks on net interest margin, in the upper half at 3.94% (Q2 2026). At 3.94%, State Bank's net interest margin is close to the 3.94% median for banks in the $100M-1B asset tier (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.82% |
| Yield on loans | 6.41% |
| Yield on securities | 2.31% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.01% |
| Cost of interest-bearing deposits | 2.41% |
| Cost of interest-bearing liabilities | 2.62% |
| Cost of borrowings | 3.68% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.94% |
| Yield to cost spread | 3.20% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.3M |
| Total interest expense | $4.0M |
| Interest expense on deposits | $3.3M |
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 | 5.10% | 1.80% | 2.91% | 5.75% | 2.35% |
| Q4 2023 | 5.35% | 1.93% | 3.00% | 5.99% | 2.48% |
| Q1 2024 | 5.42% | 2.12% | 2.96% | 6.07% | 2.39% |
| Q2 2024 | 5.47% | 1.99% | 2.87% | 6.07% | 2.35% |
| Q3 2024 | 5.68% | 1.96% | 3.11% | 6.30% | 2.37% |
| Q4 2024 | 5.60% | 1.71% | 3.38% | 6.21% | 2.35% |
| Q1 2025 | 5.44% | 2.09% | 3.45% | 6.05% | 2.20% |
| Q2 2025 | 5.45% | 1.71% | 3.50% | 6.16% | 2.21% |
| Q3 2025 | 5.91% | 1.95% | 3.89% | 6.50% | 2.42% |
| Q4 2025 | 5.90% | 2.06% | 3.89% | 6.58% | 2.27% |
| Q1 2026 | 5.87% | 1.92% | 4.05% | 6.42% | 2.29% |
| Q2 2026 | 5.82% | 2.01% | 3.94% | 6.41% | 2.31% |
State 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 State 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1833) · FFIEC NIC profile (RSSD 345747)