MutualOne Bank: how it compares with its peers
Against 43 MA banks with half to twice its assets, MutualOne Bank's strongest measure in Q2 2026 is return on assets (0.88% vs. a 0.61% peer median). Its weakest relative measure is efficiency ratio (71.49% vs. 73.92%).
| Measure | MutualOne Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.88% | 0.61% | Top third Ahead of 81% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.32% | 3.01% | Top third Ahead of 67% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 71.49% | 73.92% | Middle third Ahead of 56% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.3M | $9.6M | Top third Ahead of 79% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.39% | 93.30% | Context |
What it means for lending operations
Its efficiency ratio of 71.49% is better than the 73.92% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Reading Co-operative Bank Reading, MA · $1.19B
- Webster Five Cents Savings Bank Webster, MA · $1.31B
- Fidelity Co-operative Bank Leominster, MA · $1.31B
- Pentucket Bank Haverhill, MA · $1.12B
- Martha's Vineyard Bank Edgartown, MA · $1.33B
- Winchester Savings Bank Winchester, MA · $1.09B
Questions about MutualOne Bank
How big is MutualOne Bank?
MutualOne Bank, established in 1889, is headquartered in Framingham, MA. It reported $1.22B in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is MutualOne Bank's return on assets?
0.88% annualized in Q2 2026, against a 0.61% median for 43 MA banks with half to twice its assets, ahead of 81% of them.
What is MutualOne Bank's efficiency ratio?
71.49% in Q2 2026: it spent about 71 cents in noninterest expense for each dollar of revenue. The peer median is 73.92%, and lower is better.
Is MutualOne Bank growing its loans?
Net loans shrank 16.3% over the year to Q2 2026, while deposits grew 8.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Massachusetts bank ranked.