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.
Compared with Q1 2026, Net interest margin rose 0.16 percentage points in Q2 2026 to 3.12%, the biggest move on this page. Watertown Savings Bank ranks 38th of 89 Massachusetts banks on net interest margin, in the upper half at 3.12% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Watertown Savings Bank sits 0.59 points lower, at 3.12% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.22% |
| Yield on loans | 5.30% |
| Yield on securities | 3.19% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.20% |
| Cost of interest-bearing deposits | 1.30% |
| Cost of interest-bearing liabilities | 1.30% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.12% |
| Yield to cost spread | 2.92% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $8.5M |
| Total interest expense | $3.8M |
| Interest expense on deposits | $3.8M |
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 | 3.16% | 1.03% | 2.20% | 4.61% | 1.28% |
| Q4 2023 | 3.27% | 1.22% | 2.13% | 4.76% | 1.32% |
| Q1 2024 | 3.34% | 1.37% | 2.06% | 4.86% | 1.43% |
| Q2 2024 | 3.54% | 1.63% | 2.02% | 4.97% | 1.73% |
| Q3 2024 | 3.72% | 1.71% | 2.12% | 5.09% | 2.13% |
| Q4 2024 | 3.74% | 1.56% | 2.29% | 5.01% | 2.46% |
| Q1 2025 | 3.85% | 1.45% | 2.50% | 5.09% | 2.70% |
| Q2 2025 | 3.99% | 1.47% | 2.62% | 5.18% | 2.74% |
| Q3 2025 | 4.04% | 1.49% | 2.66% | 5.27% | 2.81% |
| Q4 2025 | 4.07% | 1.38% | 2.80% | 5.27% | 2.86% |
| Q1 2026 | 4.10% | 1.23% | 2.96% | 5.23% | 3.00% |
| Q2 2026 | 4.22% | 1.20% | 3.12% | 5.30% | 3.19% |
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 23298) · FFIEC NIC profile (RSSD 886204)