Onelocal Bank
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Data as of · sourced from FFIEC call reports. How we update
Onelocal Bank is an FDIC-insured savings bank headquartered in Norwood, MA, established in 1889 (FDIC certificate 26555), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.05B, up 3.1% from Q2 2025, the 47th largest of 89 banks headquartered in Massachusetts. It reports no CET1 ratio; its Tier 1 leverage ratio was 13.68% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 26555
- Headquarters
- Norwood, MA
- Established
- 1889
- Total assets, Q2 2026
- $1.05B
- Assets vs Q2 2025
- +3.1%
- Tier 1 leverage ratio, Q2 2026
- 13.68%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 211371285
- Holding company
- 1889 FINANCIAL SERVICES CORPORATION
- Asset rank in state
- 47th of 89 in Massachusetts
Onelocal Bank carries far more capital than most banks of its size. Its balance sheet stood at $1.1 billion at June 30, 2026, up 3.1% from a year earlier; it is based in Norwood, Massachusetts. It funds 13.68% of its assets with Tier 1 capital, higher than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 10.52%). On the other hand, it pays an average of 2.62% on its deposits and borrowings, higher than about three-quarters of banks its size (median 2.01%).
Net income for the quarter rose 26% from a year earlier, to $2.8 million. Profitability lags: it returns 7.7% a year on shareholders' equity, lower than about three-quarters of banks its size (median 12.6%).
As of June 30, 2026, Onelocal Bank reported a return on assets of 1.05%, a nonperforming-loan ratio of 0.21% and a Texas ratio of 1.29%. The figures come from its call report filed with the FFIEC.
Onelocal Bank ranks as the 47th largest of the 89 banks based in Massachusetts, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 0.5% to $1.05B, loans were flat and deposits rose 0.1%. 1-4 family residential loans made up 40.2% of its total loans on June 30, 2026, its largest category; next came multifamily loans at 21.8%. Its 4 offices in the FDIC Summary of Deposits are in 4 cities in MA; its Norwood office books 79% of its branch deposits. Judged on its Q2 2026 call report, Onelocal Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 11 Central St, Norwood, MA 02062
- County
- Norfolk
- Metro Area
- Boston-Cambridge-Newton, MA-NH
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 1, Boston
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- January 1, 1889
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 84
- Domestic deposits
- $843.0M
- Allowance for credit losses
- $8.1M
- Net charge-offs (YTD)
- $0
- Average total assets
- $1.06B
- Average total loans
- $913.2M
- Average interest-bearing deposits
- $756.7M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- February 13, 1986
- FDIC Cert
- 26555
- Fed RSSD
- 1013070
- Website
- https://www.onelocalbank.com/ →
- Parent Holding Company
- 1889 FINANCIAL SERVICES CORPORATION (RSSD 3960918)
- Ultimate Parent
- 1889 BANCORP MHC (RSSD 3960897)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Onelocal Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Onelocal Bank's total assets moved between a low of $906.4M (Q1 2024) and a high of $1.06B (Q1 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.05B total assets against $1.02B; $905.3M total liabilities against $884.8M.
$903.2M net loans and leases against $863.3M; $843.0M total deposits against $822.8M.
$95.6M securities against $102.1M; $6.8M cash and balances due against $6.4M.
$15.1M total interest income against $13.7M; $5.9M total interest expense against $5.6M.
$9.2M net interest income against $8.1M.
$409K total noninterest income against $810K; $5.7M total noninterest expense against $5.4M.
$80K provision for credit losses against $501K.
$2.8M net income against $2.2M.
1.05% return on assets against 0.89%; 3.60% net interest margin against 3.40%.
13.68% tier 1 leverage ratio against 13.51%.
Inside the full Onelocal Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Onelocal Bank rankings
Its closest position to the top of a national ranking is 993 of 4,196, for total assets; its furthest is 2,547 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.47% (Q3 2024) to 1.11% (Q4 2025) and its net interest margin ran from 2.90% (Q3 2024) to 3.60% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.68% | 1.05% | 0.21% | 1.29% | 3.60% |
| Q1 2026 | 13.68% | 0.91% | 0.21% | 1.32% | 3.40% |
| Q4 2025 | 13.49% | 1.11% | 0.08% | 0.47% | 3.58% |
| Q3 2025 | 13.33% | 1.00% | 0.05% | 0.28% | 3.51% |
| Q2 2025 | 13.51% | 0.89% | 0.05% | 0.29% | 3.40% |
| Q1 2025 | 13.69% | 0.66% | 0.05% | 0.30% | 3.13% |
| Q4 2024 | 13.62% | 0.83% | 0.05% | 0.31% | 2.98% |
| Q3 2024 | 13.71% | 0.47% | 0.21% | 1.29% | 2.90% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Onelocal Bank (main office) | Norwood , MA | 02062 | $669.0M |
| Central St Branch | Foxboro , MA | 02035 | $80.2M |
| Main St Branch | Norfolk , MA | 02056 | $49.5M |
| South Street Branch | Plainville , MA | 02762 | $44.3M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| December 3, 2022 | Structure Change | Acquired Foxboro Federal Savings Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 2, 2022 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in MA, rank 55 of 112 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 172 applications, 147 loans originated, $168.5M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $450K approved, $225K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1998 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Onelocal Bank
What are Onelocal Bank's total assets?
As of the Q2 2026 filing, Onelocal Bank reported total assets of $1.05 billion in its FFIEC call report.
Where is Onelocal Bank headquartered?
It is headquartered in Norwood, MA, United States.
When was Onelocal Bank founded?
It was established in 1889, per the FDIC institution directory.
Is Onelocal Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #26555). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Onelocal Bank?
Onelocal Bank's primary federal regulator is the FDIC.
How many branches does Onelocal Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Onelocal Bank's Texas Ratio?
Its Texas Ratio is 1.29% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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