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BlastPoint's Banking Scorecard

MutualOne Bank

Community Specialty: Commercial MA FDIC cert 26395

Designations: Mutual

Framingham, MA

1484 banks in Community tier nationally 59 in MA
View Community leaderboard (MA) →

MutualOne Bank faces 7 concerns requiring attention

Key Strengths

Areas where this bank excels compared to peers

No key strengths identified

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 6% in Community
  • - Capital Thin: Bottom 12% in Community
  • - NIB Deposit Bleed: Bottom 58% in Community
  • - Return on Assets 1.48% below tier
  • - Delinquency Rate 8.04% above tier
  • - Nonperforming Asset Ratio 6.02% above tier
  • - Non-Interest Income / Assets 0.64% below tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
Total Assets ? $1.3B
-0.6% YoY +3.1% QoQ
-$138.6M $1.4B
+2.0% YoY
$6.4B
+8.5% YoY
$5.9B
+6.5% YoY
61%
Total Loans ? $942.1M
-13.5% YoY -5.6% QoQ
-$33.4M $975.5M
+2.4% YoY
$2.4B
+16.3% YoY
$3.1B
+8.5% YoY
66%
Total Deposits ? $936.1M
+7.6% YoY +8.4% QoQ
-$228.5M $1.2B
+1.7% YoY
$5.0B
+10.3% YoY
$4.7B
+6.3% YoY
56%
Return on Assets ? -0.32%
-123.1% YoY +60.8% QoQ
-1.48% 1.16%
+17.2% YoY
0.52%
+26.7% YoY
1.12%
+15.6% YoY
Bottom 2% in tier
Net Interest Margin ? 3.49%
-11.0% YoY -1.6% QoQ
-0.17% 3.66%
+9.1% YoY
2.94%
+13.0% YoY
3.75%
+7.1% YoY
42%
Efficiency Ratio ? 64.33%
+34.1% YoY +3.1% QoQ
+1.70% 62.63%
-5.3% YoY
75.86%
-7.9% YoY
65.09%
-5.1% YoY
44%
Delinquency Rate ? 8.66%
+788.6% YoY -0.7% QoQ
+8.04% 0.63%
+18.3% YoY
0.54%
+38.4% YoY
0.66%
+20.3% YoY
Bottom 1% in tier
Loan-to-Deposit Ratio ? 100.64%
-19.6% YoY -12.9% QoQ
+17.58% 83.06%
+0.3% YoY
93.81%
-0.9% YoY
78.04%
+0.7% YoY
Bottom 12% in tier
Non-Interest-Bearing Deposit Share ? 10.58%
-16.7% YoY -16.0% QoQ
-10.47% 21.05%
-0.9% YoY
15.94%
-0.9% YoY
21.79%
-1.3% YoY
Bottom 11% in tier
Nonperforming Asset Ratio ? 6.51%
+673.4% YoY -9.0% QoQ
+6.02% 0.50%
+20.3% YoY
0.44%
+49.4% YoY
0.48%
+20.8% YoY
Bottom 1% in tier
Tier 1 Capital Ratio ? 0.00% -10.24% 10.24%
-0.6% YoY
10.08%
-2.1% YoY
9.75%
-1.9% YoY
29%
Non-Interest Income / Assets ? 0.10%
+15.7% YoY +48.6% QoQ
-0.64% 0.74%
-1.3% YoY
0.45%
+1.2% YoY
0.65%
+0.6% YoY
Bottom 3% in tier

Signature Analysis

Strengths (0)

No strengths identified

Concerns (7)

Liquidity Strain

risk
#30 of 513 · Bottom 6% in Community

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature
Loan-to-Deposit Ratio: 100.64%
(Tier: 83.06%, National: 78.04%)
worse than tier avg
513 of 513 Community banks match · 609 nationally
→ Stable -4 banks QoQ | QoQ rank improving

Capital Thin

risk
#52 of 432 · Bottom 12% in Community

Tier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.

Why this signature
Tier 1 Risk-Based Capital Ratio: 0.00%
(Tier: 10.24%, National: 9.75%)
worse than tier avg
432 of 432 Community banks match · 505 nationally
→ Stable +11 banks QoQ | QoQ rank declining

NIB Deposit Bleed

decline
#52 of 89 · Bottom 58% in Community

Non-interest-bearing deposit share dropped 2+ pp YoY and now below the tier median. Cheap funding leaving for higher-yield competitors.

Why this signature
Noninterest-Bearing Deposit Share: 10.58%
(Tier: 21.05%, National: 21.79%)
worse than tier avg
89 of 89 Community banks match · 98 nationally
→ Stable -10 banks QoQ

Return on Assets

metric
Bottom 2% in Community

Return on Assets is in the bottom decile of tier peers. Earnings power per dollar of assets lags peers; warrants margin and cost diagnostics to identify the drag.

Why this stands out
Current: -0.32%
(Tier avg: 1.16%, National avg: 1.12%)

Delinquency Rate

metric
Bottom 1% in Community

Delinquency Rate is in the bottom decile (highest) of tier peers. Past-due loans are running well above peer levels - leading indicator of further charge-offs unless cured or worked out.

Why this stands out
Current: 8.66%
(Tier avg: 0.63%, National avg: 0.66%)

Nonperforming Asset Ratio

metric
Bottom 1% in Community

Non-Performing Asset Ratio is in the bottom decile (highest) of tier peers. Problem assets are pressuring earnings and capital - watch reserve coverage and OREO trends.

Why this stands out
Current: 6.51%
(Tier avg: 0.50%, National avg: 0.48%)

Non-Interest Income / Assets

metric
Bottom 3% in Community

Non-Interest Income as a share of assets is in the bottom decile of tier peers. Revenue mix is heavily reliant on spread income - earnings more exposed to rate cycle inflections.

Why this stands out
Current: 0.10%
(Tier avg: 0.74%, National avg: 0.65%)

Metric Rankings

How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.

Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%

Comparing against 1484 peers in Community tier

Top Strengths

66
Total Loans
Current: $942.1M · Tier avg: $975.5M
66th pctile
61
Total Assets
Current: $1.3B · Tier avg: $1.4B
61th pctile
56
Total Deposits
Current: $936.1M · Tier avg: $1.2B
56th pctile
44
Efficiency Ratio
Current: 64.33% · Tier avg: 62.63%
44th pctile
42
Net Interest Margin
Current: 3.49% · Tier avg: 3.66%
42th pctile
29
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 10.24%
29th pctile
12
Loan-to-Deposit Ratio
Current: 100.64% · Tier avg: 83.06%
12th pctile
11
Non-Interest-Bearing Deposit Share
Current: 10.58% · Tier avg: 21.05%
11th pctile
3
Non-Interest Income / Assets
Current: 0.10% · Tier avg: 0.74%
3th pctile
2
Return on Assets
Current: -0.32% · Tier avg: 1.16%
2th pctile
0
Delinquency Rate
Current: 8.66% · Tier avg: 0.63%
0th pctile
0
Nonperforming Asset Ratio
Current: 6.51% · Tier avg: 0.50%
0th pctile

Top Weaknesses

0
Nonperforming Asset Ratio
Current: 6.51% · Tier avg: 0.50%
0th pctile
0
Delinquency Rate
Current: 8.66% · Tier avg: 0.63%
0th pctile
2
Return on Assets
Current: -0.32% · Tier avg: 1.16%
2th pctile
3
Non-Interest Income / Assets
Current: 0.10% · Tier avg: 0.74%
3th pctile
11
Non-Interest-Bearing Deposit Share
Current: 10.58% · Tier avg: 21.05%
11th pctile
12
Loan-to-Deposit Ratio
Current: 100.64% · Tier avg: 83.06%
12th pctile
29
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 10.24%
29th pctile
42
Net Interest Margin
Current: 3.49% · Tier avg: 3.66%
42th pctile
44
Efficiency Ratio
Current: 64.33% · Tier avg: 62.63%
44th pctile
56
Total Deposits
Current: $936.1M · Tier avg: $1.2B
56th pctile
61
Total Assets
Current: $1.3B · Tier avg: $1.4B
61th pctile
66
Total Loans
Current: $942.1M · Tier avg: $975.5M
66th pctile
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