BlastPoint's Banking Scorecard
Reading Co-operative Bank
Designations: ✓ Community bank ✓ Mutual
Reading, MA
13 branches across MA
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 46 in MA.
- Deposits -4.0% year over year ($1.0B on the books).
- Delinquency rate 0.06%.
- Return on assets 0.42%.
- Efficiency ratio 80.79% vs a 59.73% peer average.
- Loan-to-deposit ratio 94.92% vs a 85.04% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Reading Co-operative Bank has 2 strengths but faces 7 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Delinquency Rate 0.81% below tier average
- + Nonperforming Asset Ratio 0.63% below tier average
Key Concerns
Areas that may need attention
- - Capital Thin: Bottom 6.3% in tier
- - Liquidity Strain: Bottom 11.1% in tier
- - Capital Constraint: Bottom 31.2% in tier
- - Deposit Outflow: Bottom 32.8% in tier
- - Efficiency Drag: Bottom 33.3% in tier
- - Return on Assets 0.98% below tier average
- - Net Interest Margin 0.55% below tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (MA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$1.2B
-2.1% YoY
+0.8% QoQ
|
-$1.6B |
$2.8B
-0.6% YoY
|
$7.0B
+13.2% YoY
|
$6.3B
+7.7% YoY
|
16% |
| Total Loans ? |
$963.9M
+0.2% YoY
+2.3% QoQ
|
-$999.4M |
$2.0B
-0.3% YoY
|
$2.5B
+16.1% YoY
|
$3.2B
+9.4% YoY
|
29% |
| Total Deposits ? |
$1.0B
-4.0% YoY
-3.1% QoQ
|
-$1.3B |
$2.3B
-0.5% YoY
|
$5.6B
+14.9% YoY
|
$4.9B
+7.3% YoY
|
17% |
| Return on Assets ? |
0.42%
+36.7% YoY
-1.4% QoQ
|
-0.98% |
1.39%
+17.0% YoY
|
0.66%
+38.5% YoY
|
1.30%
+12.1% YoY
|
Bottom 5.8% in tier |
| Net Interest Margin ? |
3.32%
+19.7% YoY
+0.7% QoQ
|
-0.55% |
3.87%
+6.2% YoY
|
3.05%
+8.7% YoY
|
3.95%
+4.9% YoY
|
27% |
| Efficiency Ratio ? |
80.79%
-3.6% YoY
-0.5% QoQ
|
+21.07% |
59.73%
-12.6% YoY
|
79.07%
-1.9% YoY
|
70.05%
+2.5% YoY
|
Bottom 6.3% in tier |
| Delinquency Rate ? |
0.06%
-93.0% YoY
-63.8% QoQ
|
-0.81% |
0.87%
+11.7% YoY
|
0.74%
+5.8% YoY
|
0.98%
+16.3% YoY
|
Top 8.5% in tier |
| Loan-to-Deposit Ratio ? |
94.92%
+4.4% YoY
+5.6% QoQ
|
+9.88% |
85.04%
-0.1% YoY
|
91.41%
-1.2% YoY
|
79.03%
+2.3% YoY
|
27% |
| Non-Interest-Bearing Deposit Share ? |
18.80%
+2.7% YoY
+4.9% QoQ
|
-2.47% |
21.27%
-1.5% YoY
|
16.01%
-3.7% YoY
|
21.98%
-0.6% YoY
|
44% |
| Nonperforming Asset Ratio ? |
0.05%
-92.8% YoY
-63.2% QoQ
|
-0.63% |
0.67%
+11.7% YoY
|
0.59%
+7.5% YoY
|
0.69%
+15.8% YoY
|
Top 8.8% in tier |
| Tier 1 Capital Ratio ? |
10.61%
+8.0% YoY
-0.1% QoQ
|
-4.24% |
14.84%
-0.4% YoY
|
15.08%
+1.7% YoY
|
17.09%
+0.8% YoY
|
Bottom 12.1% in tier |
| Non-Interest Income / Assets ? |
0.12%
-28.8% YoY
+100.0% QoQ
|
-0.41% |
0.53%
+2.5% YoY
|
0.57%
+4.1% YoY
|
0.66%
+5.2% YoY
|
Bottom 12.4% in tier |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (MA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
18.8%
+0.5pp YoY +0.9pp QoQ |
-2.6pp | 21.4% | 16.2% | 22.2% | 44% |
| Brokered Deposits |
3.3%
-9.0pp YoY -1.9pp QoQ |
-6.1pp | 9.5% | 6.1% | 8.5% | 37% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (MA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
4.1%
-0.5pp YoY -0.2pp QoQ |
-9.9pp | 14.0% | 6.5% | 12.5% | 14% |
| CRE |
33.0%
+3.5pp YoY +2.0pp QoQ |
-17.0pp | 50.0% | 40.3% | 41.4% | 14% |
| 1-4 Family |
61.3%
-2.7pp YoY -1.5pp QoQ |
+34.8pp | 26.4% | 52.4% | 31.3% | 95% |
| Consumer |
2.2%
-0.3pp YoY -0.3pp QoQ |
-2.5pp | 4.7% | 1.6% | 5.0% | 67% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (MA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
10.6%
+0.8pp YoY 0.0pp QoQ |
-5.0pp | 15.6% | 16.6% | 19.7% | 4% |
| Leverage Ratio |
7.3%
+0.4pp YoY +0.2pp QoQ |
-4.0pp | 11.3% | 11.5% | 12.6% | 1% |
| Total Capital Ratio |
11.3%
+0.7pp YoY 0.0pp QoQ |
-5.4pp | 16.7% | 17.5% | 20.8% | 2% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (MA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
117
-2 (-1.7%) YoY +2 (+1.7%) QoQ |
-197 | 313 | 755 | 482 | 12% |
| Assets per Employee ($) |
$10.1M
-0.4% YoY -0.9% QoQ |
-$337K | $10.5M | $10.7M | $8.8M | 67% |
| Branch Count |
13
0 YoY 0 QoQ |
-7 | 20 | 13 | 18 | 42% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (MA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days | n/a | n/a | 0.2% | 0.1% | 0.4% | n/a |
| Nonaccrual |
0.1%
-0.7pp YoY 0.0pp QoQ |
-0.8pp | 0.8% | 0.8% | 1.0% | 6% |
| Allowance Coverage |
9.97x
+1194.1% YoY +175.5% QoQ |
-8.74x | 18.71x | 7.95x | 20.23x | 89% |
| Net Charge-off Rate (YTD) |
0.1%
0.0pp YoY 0.0pp QoQ |
-0.2pp | 0.3% | 0.1% | 0.2% | 64% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (MA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
6.6%
+1.3pp YoY -0.2pp QoQ |
-6.0pp | 12.6% | 5.6% | 11.6% | 14% |
| Cost of Funds (YTD) |
2.0%
-0.3pp YoY 0.0pp QoQ |
+0.1pp | 1.9% | 2.0% | 1.7% | 61% |
| Net Income ($, YTD) |
$2.5M
+60.8% YoY — QoQ |
-$16.7M | $19.2M | $31.7M | $40.4M | 4% |
Get Full Access to Reading Co-operative Bank
Unlock complete metrics, peer benchmarks, and signature insights for this and every other FDIC-insured bank - always free
Check your email at - link expires in 72 hours
Want to see an example first? Preview JPMorgan Chase's scorecard →
Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (5)
Capital Thin
riskTier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.
Liquidity Strain
riskLoan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.
Capital Constraint
riskStrong balance sheet under pressure - deposits leaving while lending capacity maxed. Need funding solutions before hitting regulatory limits.
Deposit Outflow
declineDeposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.
Efficiency Drag
riskEfficiency ratio above 80% - operating costs elevated relative to revenue. Margin improvement opportunity.
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.