Cost of funds Competitive pressures pushed the average cost of funds between small banks and large banks to be comparable. While small banks'overall costs of interest- bearing deposits was 69 basis points higher, they paid lower rates on transaction costs and on hot money sources. Small banks'overall cost of interest- bearing funds was 45 bp higher than large banks. 爸封强的黄香+孝Cost of funds Cost of funds † Competitive pressures pushed the average cost of funds between small banks and large banks to be comparable. † While small banks’ overall costs of interest￾bearing deposits was 69 basis points higher, they paid lower rates on transaction costs and on hot money sources. † Small banks’ overall cost of interest￾bearing funds was 45 bp higher than large banks