State Savings 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 Total interest expense, which rose 5.8% to $1.4M. State Savings Bank ranks 12th of 72 Michigan banks on net interest margin, in the upper half at 4.76% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. State Savings Bank sits 0.81 points higher, at 4.76% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.16% |
| Yield on loans | 6.77% |
| Yield on securities | 3.94% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.43% |
| Cost of interest-bearing deposits | 2.11% |
| Cost of interest-bearing liabilities | 2.11% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.76% |
| Yield to cost spread | 4.05% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.4M |
| Total interest expense | $1.4M |
| Interest expense on deposits | $1.4M |
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 | 5.58% | 0.71% | 4.83% | 6.03% | 2.52% |
| Q4 2023 | 5.72% | 0.88% | 4.80% | 6.08% | 2.55% |
| Q1 2024 | 5.76% | 1.24% | 4.58% | 6.13% | 2.63% |
| Q2 2024 | 6.14% | 1.44% | 4.74% | 6.39% | 3.29% |
| Q3 2024 | 6.09% | 1.52% | 4.61% | 6.48% | 3.39% |
| Q4 2024 | 6.25% | 1.54% | 4.77% | 6.72% | 3.26% |
| Q1 2025 | 5.89% | 1.42% | 4.49% | 6.39% | 3.35% |
| Q2 2025 | 6.20% | 1.42% | 4.79% | 6.70% | 3.35% |
| Q3 2025 | 6.07% | 1.49% | 4.61% | 6.85% | 3.78% |
| Q4 2025 | 6.31% | 1.51% | 4.84% | 6.89% | 3.94% |
| Q1 2026 | 6.06% | 1.39% | 4.71% | 6.64% | 3.88% |
| Q2 2026 | 6.16% | 1.43% | 4.76% | 6.77% | 3.94% |
State Savings 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 Savings 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 Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8162) · FFIEC NIC profile (RSSD 22543)