State Bank of Southern Utah: 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.
Total interest expense climbed 8.4% in Q2 2026, from $11.5M to $12.5M. It was the largest change from Q1 2026 among the key lines here. Within Utah, State Bank of Southern Utah is 33rd of 44 on net interest margin, 4.18% as of Q2 2026, below the middle of the field. State Bank of Southern Utah reported 4.18% on net interest margin for Q2 2026, 0.47 points above the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.12% |
| Yield on loans | 7.36% |
| Yield on securities | 2.01% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.10% |
| Cost of interest-bearing deposits | 2.76% |
| Cost of interest-bearing liabilities | 2.76% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.18% |
| Yield to cost spread | 3.36% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $35.3M |
| Total interest expense | $12.5M |
| Interest expense on deposits | $12.5M |
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 | 4.43% | 1.51% | 2.67% | 6.22% | 1.54% |
| Q4 2023 | 4.59% | 1.73% | 2.64% | 6.37% | 1.54% |
| Q1 2024 | 4.76% | 1.87% | 2.64% | 6.56% | 1.51% |
| Q2 2024 | 5.07% | 1.99% | 2.86% | 6.84% | 1.50% |
| Q3 2024 | 5.34% | 2.04% | 3.03% | 7.12% | 1.50% |
| Q4 2024 | 5.51% | 2.05% | 3.27% | 7.22% | 1.53% |
| Q1 2025 | 5.56% | 1.92% | 3.42% | 7.09% | 1.58% |
| Q2 2025 | 5.85% | 1.90% | 3.70% | 7.33% | 1.61% |
| Q3 2025 | 6.04% | 2.31% | 3.97% | 7.46% | 1.62% |
| Q4 2025 | 6.22% | 2.25% | 4.36% | 7.59% | 1.68% |
| Q1 2026 | 6.06% | 2.19% | 4.21% | 7.32% | 1.77% |
| Q2 2026 | 6.12% | 2.10% | 4.18% | 7.36% | 2.01% |
State Bank of Southern Utah 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 of Southern Utah, 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 of Southern Utah profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 17964) · FFIEC NIC profile (RSSD 656470)