TrustCo 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 biggest quarter-over-quarter change on this page was a small one: Total interest expense edged up 2.4% between Q1 2026 and Q2 2026, to $22.4M. TrustCo Bank ranks 84th of 105 New York banks on net interest margin, in the lower half at 2.85% (Q2 2026). TrustCo Bank reported 2.85% on net interest margin for Q2 2026, 0.86 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.27% |
| Yield on loans | 4.41% |
| Yield on securities | 3.08% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.52% |
| Cost of interest-bearing deposits | 1.79% |
| Cost of interest-bearing liabilities | 1.77% |
| Cost of borrowings | 1.19% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.85% |
| Yield to cost spread | 2.50% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $58.8M |
| Total interest expense | $22.4M |
| Interest expense on deposits | $21.7M |
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 | 3.89% | 1.15% | 2.85% | 3.89% | 2.26% |
| Q4 2023 | 3.94% | 1.50% | 2.59% | 3.95% | 2.35% |
| Q1 2024 | 3.99% | 1.72% | 2.44% | 3.98% | 2.52% |
| Q2 2024 | 4.06% | 1.71% | 2.53% | 4.04% | 2.60% |
| Q3 2024 | 4.11% | 1.69% | 2.60% | 4.13% | 2.53% |
| Q4 2024 | 4.13% | 1.73% | 2.59% | 4.17% | 2.61% |
| Q1 2025 | 4.12% | 1.62% | 2.64% | 4.18% | 2.65% |
| Q2 2025 | 4.19% | 1.63% | 2.71% | 4.25% | 2.83% |
| Q3 2025 | 4.26% | 1.64% | 2.78% | 4.32% | 2.93% |
| Q4 2025 | 4.25% | 1.59% | 2.80% | 4.36% | 2.94% |
| Q1 2026 | 4.22% | 1.50% | 2.83% | 4.37% | 2.96% |
| Q2 2026 | 4.27% | 1.52% | 2.85% | 4.41% | 3.08% |
TrustCo 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 TrustCo 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 TrustCo Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 31945) · FFIEC NIC profile (RSSD 677176)