Third Federal Savings & Loan Association of Cleveland: 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, Total interest expense edged up by 2.4%, from $119.6M to $122.5M, the largest move among the key lines here. On net interest margin, Third Federal Savings & Loan Association of Cleveland is 4th from the bottom among 156 Ohio banks, 1.87% (Q2 2026). The median for banks in the $10B-100B asset tier is 3.60% on net interest margin. Third Federal Savings & Loan Association of Cleveland sits 1.73 points lower, at 1.87% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.72% |
| Yield on loans | 4.76% |
| Yield on securities | 3.43% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.09% |
| Cost of interest-bearing deposits | 2.88% |
| Cost of interest-bearing liabilities | 3.12% |
| Cost of borrowings | 3.64% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 1.87% |
| Yield to cost spread | 1.60% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $190.4M |
| Total interest expense | $122.5M |
| Interest expense on deposits | $72.6M |
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 | 4.16% | 2.71% | 1.66% | 4.11% | 2.96% |
| Q4 2023 | 4.31% | 2.92% | 1.62% | 4.25% | 3.14% |
| Q1 2024 | 4.38% | 2.98% | 1.64% | 4.28% | 3.22% |
| Q2 2024 | 4.44% | 3.10% | 1.60% | 4.36% | 3.31% |
| Q3 2024 | 4.57% | 3.20% | 1.62% | 4.52% | 3.37% |
| Q4 2024 | 4.53% | 3.16% | 1.62% | 4.50% | 3.30% |
| Q1 2025 | 4.49% | 3.04% | 1.69% | 4.46% | 3.44% |
| Q2 2025 | 4.59% | 3.08% | 1.75% | 4.57% | 3.48% |
| Q3 2025 | 4.72% | 3.16% | 1.80% | 4.71% | 3.50% |
| Q4 2025 | 4.70% | 3.16% | 1.78% | 4.71% | 3.40% |
| Q1 2026 | 4.62% | 3.05% | 1.79% | 4.64% | 3.36% |
| Q2 2026 | 4.72% | 3.09% | 1.87% | 4.76% | 3.43% |
Third Federal Savings & Loan Association of Cleveland yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Third Federal Savings & Loan Association of Cleveland, 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 Third Federal Savings & Loan Association of Cleveland profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 30012) · FFIEC NIC profile (RSSD 915878)