Washington State 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.
Total interest expense rose 3.9% from Q1 2026 to Q2 2026, ending at $3.3M against $3.2M. It was the largest change among the key lines on this page. Washington State Bank ranks 120th of 225 Iowa banks on net interest margin, in the lower half at 3.63% (Q2 2026). Washington State Bank reported 3.63% on net interest margin for Q2 2026, 0.31 points below the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.95% |
| Yield on loans | 6.52% |
| Yield on securities | 5.01% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.56% |
| Cost of interest-bearing deposits | 2.66% |
| Cost of interest-bearing liabilities | 2.73% |
| Cost of borrowings | 3.71% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.63% |
| Yield to cost spread | 3.22% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $5.9M |
| Total interest expense | $3.3M |
| Interest expense on deposits | $2.9M |
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 | 5.41% | 2.27% | 3.36% | 5.63% | 5.11% |
| Q4 2023 | 5.65% | 2.50% | 3.38% | 5.93% | 5.25% |
| Q1 2024 | 5.79% | 2.56% | 3.49% | 6.00% | 5.50% |
| Q2 2024 | 5.92% | 2.49% | 3.51% | 6.19% | 5.56% |
| Q3 2024 | 6.09% | 2.88% | 3.52% | 6.48% | 5.56% |
| Q4 2024 | 5.98% | 2.88% | 3.38% | 6.29% | 5.65% |
| Q1 2025 | 5.99% | 2.61% | 3.56% | 6.27% | 5.68% |
| Q2 2025 | 6.11% | 2.58% | 3.63% | 6.38% | 5.73% |
| Q3 2025 | 6.36% | 2.60% | 3.89% | 6.69% | 5.85% |
| Q4 2025 | 6.11% | 2.56% | 3.78% | 6.54% | 5.46% |
| Q1 2026 | 5.83% | 2.50% | 3.54% | 6.35% | 5.03% |
| Q2 2026 | 5.95% | 2.56% | 3.63% | 6.52% | 5.01% |
Washington State 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 State 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 214) · FFIEC NIC profile (RSSD 433943)