OneLocal Bank: how it compares with its peers
Against 46 MA banks with half to twice its assets, OneLocal Bank's strongest measure in Q2 2026 is efficiency ratio (60.55% vs. a 75.47% peer median). Its weakest relative measure is net interest margin (3.55% vs. 3.00%).
| Measure | OneLocal Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.99% | 0.58% | Top third Ahead of 83% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.55% | 3.00% | Top third Ahead of 78% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 60.55% | 75.47% | Top third Ahead of 87% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.5M | $9.3M | Top third Ahead of 83% of peers |
| Loans to deposits Net loans and leases over total deposits. | 107.14% | 93.39% | Context |
What it means for lending operations
Its efficiency ratio of 60.55% is better than the 75.47% 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
- Cape Ann Savings Bank Gloucester, MA · $1.07B
- MountainOne Bank North Adams, MA · $1.08B
- Winchester Savings Bank Winchester, MA · $1.09B
- Adams Community Bank Adams, MA · $1.01B
- Coastal Heritage Bank Weymouth, MA · $984M
Questions about OneLocal Bank
How big is OneLocal Bank?
OneLocal Bank, established in 1889, is headquartered in Norwood, MA. It reported $1.05B in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is OneLocal Bank's return on assets?
0.99% annualized in Q2 2026, against a 0.58% median for 46 MA banks with half to twice its assets, ahead of 83% of them.
What is OneLocal Bank's efficiency ratio?
60.55% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 75.47%, and lower is better.
Is OneLocal Bank growing its loans?
Net loans grew 4.6% over the year to Q2 2026, while deposits grew 2.4%.
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.