Washington 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 fell 3.8% to $1.4M. Within Massachusetts, Washington Savings Bank is 70th of 89 on net interest margin, 2.67% as of Q2 2026, below the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Washington Savings Bank sits 1.28 points lower, at 2.67% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.65% |
| Yield on loans | 4.86% |
| Yield on securities | 3.37% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.10% |
| Cost of interest-bearing deposits | 2.19% |
| Cost of interest-bearing liabilities | 2.37% |
| Cost of borrowings | 3.91% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.67% |
| Yield to cost spread | 2.28% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.9M |
| Total interest expense | $1.4M |
| Interest expense on deposits | $1.2M |
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 | 3.87% | 1.46% | 2.56% | 4.15% | 2.04% |
| Q4 2023 | 4.04% | 1.79% | 2.37% | 4.25% | 2.44% |
| Q1 2024 | 4.10% | 2.00% | 2.23% | 4.31% | 2.65% |
| Q2 2024 | 4.26% | 2.11% | 2.29% | 4.44% | 2.80% |
| Q3 2024 | 4.22% | 2.24% | 2.13% | 4.41% | 2.90% |
| Q4 2024 | 4.32% | 2.27% | 2.18% | 4.47% | 3.03% |
| Q1 2025 | 4.39% | 2.22% | 2.28% | 4.57% | 3.20% |
| Q2 2025 | 4.49% | 2.24% | 2.36% | 4.64% | 3.29% |
| Q3 2025 | 4.58% | 2.29% | 2.41% | 4.76% | 3.42% |
| Q4 2025 | 4.67% | 2.19% | 2.60% | 4.80% | 3.77% |
| Q1 2026 | 4.61% | 2.17% | 2.56% | 4.85% | 3.29% |
| Q2 2026 | 4.65% | 2.10% | 2.67% | 4.86% | 3.37% |
Washington 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 Washington 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 Washington Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 90229) · FFIEC NIC profile (RSSD 654300)