Management tied the margin expansion to higher average earning assets, lower funding costs, and a mix shift toward non-interest-bearing deposits. Anderson said that since the Federal Reserve began cutting rates in 2024, QCR’s deposit costs have declined by 56 basis points compared with a 32 basis point decline in loan yields. He also said new loan yields during the quarter exceeded payoff yields by nearly 30 basis points , although he expects that benefit to moderate as the rate-cutting cycle progresses.Net ...