Valley Bank of Commerce: 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 Yield on securities, which fell 0.25 percentage points to 3.88%. Among 29 New Mexico banks, Valley Bank of Commerce sits 2nd from the top on net interest margin, 5.80% as of Q2 2026. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Valley Bank of Commerce sits 1.85 points higher, at 5.80% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.60% |
| Yield on loans | 8.87% |
| Yield on securities | 3.88% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.89% |
| Cost of interest-bearing deposits | 1.70% |
| Cost of interest-bearing liabilities | 1.70% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.80% |
| Yield to cost spread | 4.90% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.3M |
| Total interest expense | $573K |
| Interest expense on deposits | $573K |
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 | 5.79% | 1.69% | 4.48% | 6.41% | 4.72% |
| Q4 2023 | 6.19% | 1.66% | 4.91% | 6.69% | 4.88% |
| Q1 2024 | 5.99% | 1.51% | 4.80% | 6.55% | 4.80% |
| Q2 2024 | 6.17% | 1.42% | 5.09% | 6.51% | 5.15% |
| Q3 2024 | 7.61% | 1.38% | 6.36% | 9.27% | 5.22% |
| Q4 2024 | 7.57% | 1.15% | 6.54% | 9.31% | 5.04% |
| Q1 2025 | 5.81% | 0.71% | 4.94% | 8.02% | 5.47% |
| Q2 2025 | 7.03% | 1.35% | 5.79% | 9.20% | 5.39% |
| Q3 2025 | 7.16% | 1.09% | 6.09% | 9.10% | 4.78% |
| Q4 2025 | 6.97% | 0.97% | 6.11% | 9.07% | 4.41% |
| Q1 2026 | 6.59% | 0.82% | 5.84% | 8.85% | 4.13% |
| Q2 2026 | 6.60% | 0.89% | 5.80% | 8.87% | 3.88% |
Valley Bank of Commerce yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Valley Bank of Commerce, 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 Valley Bank of Commerce profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 22600) · FFIEC NIC profile (RSSD 481159)