Excluding the impact of the yield adjustment on covered loans, our net interest margin (tax equivalent) was 3.66% for 2012, compared to 3.78% for 2011. Total average earning asset yields (excluding discount) decreased to 4.06% for 2012 from 4.34% for 2011. Total cost of funds decreased to 0.44% for 2012 from 0.60% for 2011.Net interest income, before the provision for credit losses, of $55.6 million for the fourth quarter of 2012 increased $447,000, or 0.81%, compared to the same period in 2011.
CVB Financial Corp. Reports Earnings For 2012
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