Additionally, the net interest margin contracted 15 basis points to 4.45% for the third quarter of 2012 from 4.60% for the second quarter due to pressure on earning asset yields from the low-interest rate environment. Loan yields declined to 6.28% from 6.37% as new originations for the quarter were booked at a weighted-average yield of 4.5%. Securities yields declined to 1.63% from 1.96%. Earning asset yield pressure was partially offset by a decline in cost of funds to 0.71% from 0.72%, due to growth in the relative proportion of, and reduced costs of, core deposits.Non-Interest Income
Capital Bank Financial Corp. Reports Third-Quarter 2012 Results
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