Company: UMBFO
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028420
Chunk: 231

Company: UMB FINANCIAL CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 231
---
6

    0.72

    Total interest-bearing deposits

    18,063.5

    167.5

    0.93

    Short-term debt

    8.6

    0.3

    3.49

    Long-term debt

    300.6

    15.2

    5.06

    Federal funds purchased

    249.7

    5.2

    2.10

    Securities sold under agreements to repurchase

    2,527.4

    35.5

    1.40

    Total interest-bearing liabilities

    21,149.8

    223.7

    1.06

    Noninterest-bearing demand deposits

    13,264.1

    Other

    438.8

    Total

    34,852.7

    Total shareholders' equity

    2,726.3

    Total liabilities and shareholders' equity
     
    $
    37,579.0

    Net interest income (FTE)

    $
    939.6

    Net interest spread (FTE)

    2.20
    %

    Net interest margin (FTE)

    2.63
    %

41

Table 2

RATE-VOLUME ANALYSIS (in thousands)

This analysis attributes changes in net interest income either to changes in average balances or to changes in average interest rates for earning assets and interest-bearing liabilities.  The change in net interest income that is due to both volume and interest rate has been allocated to volume and interest rate in proportion to the relationship of the absolute dollar amount of the change in each.  All interest rates are presented on a tax-equivalent basis and give effect to tax-exempt interest income net of the disallowance of interest expense for federal income tax purposes, related to certain tax-free assets.  The loan average balances and rates include nonaccrual loans.

    Average Volume

    Average Rate

    Increase (Decrease)

    2024

    2023

    2024

    2023

    2024 vs. 2023
     
    Volume

    Rate

    Total

    Change in interest earned on:

    $
    24,212,645

    $
    22,337,119

    6.66
    %

    6.27