Thrivent 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 fell 3.8% to $2.8M. Within Utah, Thrivent Bank is 28th of 44 on net interest margin, 4.74% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.94% on net interest margin. Thrivent Bank sits 0.80 points higher, at 4.74% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.84% |
| Yield on loans | 7.16% |
| Yield on securities | 4.58% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.58% |
| Cost of interest-bearing deposits | 1.02% |
| Cost of interest-bearing liabilities | 1.95% |
| Cost of borrowings | 3.79% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.74% |
| Yield to cost spread | 3.89% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $10.4M |
| Total interest expense | $2.8M |
| Interest expense on deposits | $1.5M |
Yields and Funding Costs trend
Last 5 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 |
|---|---|---|---|---|---|
| Q2 2025 | — | — | — | 2.79% | 1.64% |
| Q3 2025 | 6.21% | 2.13% | 4.98% | 7.67% | 4.91% |
| Q4 2025 | 6.03% | 1.90% | 4.95% | 7.61% | 4.77% |
| Q1 2026 | 5.94% | 1.58% | 4.84% | 7.53% | 4.51% |
| Q2 2026 | 5.84% | 1.58% | 4.74% | 7.16% | 4.58% |
Thrivent 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 Thrivent 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 Thrivent Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 59286) · FFIEC NIC profile (RSSD 4457536)