Watertown 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 standout move of Q2 2026 was in Net interest margin: 0.41 percentage points higher than in Q1 2026, at 4.85%. Among 105 New York banks, Watertown Savings Bank sits 9th from the top on net interest margin, 4.85% as of Q2 2026. Watertown Savings Bank reported 4.85% on net interest margin for Q2 2026, 0.90 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.26% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.46% |
| Cost of interest-bearing deposits | 0.82% |
| Cost of interest-bearing liabilities | 0.82% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.85% |
| Yield to cost spread | 4.44% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $8.9M |
| Total interest expense | $891K |
| Interest expense on deposits | $891K |
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 |
|---|---|---|---|
| Q3 2023 | 3.74% | 0.25% | 3.51% |
| Q4 2023 | 4.18% | 0.29% | 3.91% |
| Q1 2024 | 4.12% | 0.33% | 3.82% |
| Q2 2024 | 4.45% | 0.39% | 4.09% |
| Q3 2024 | 4.48% | 0.43% | 4.08% |
| Q4 2024 | 4.60% | 0.47% | 4.17% |
| Q1 2025 | 4.61% | 0.47% | 4.18% |
| Q2 2025 | 4.88% | 0.49% | 4.44% |
| Q3 2025 | 4.99% | 0.48% | 4.56% |
| Q4 2025 | 5.14% | 0.49% | 4.70% |
| Q1 2026 | 4.88% | 0.50% | 4.44% |
| Q2 2026 | 5.26% | 0.46% | 4.85% |
Watertown 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 Watertown 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 Watertown Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15990) · FFIEC NIC profile (RSSD 298218)