Armstrong Bank is headquartered in Muskogee and is the 8th largest bank in the state of Oklahoma. It is also the 499th largest bank in the nation. It was established in 1910 and as of June of 2020, it had grown to 394 employees at 26 locations. Armstrong Bank has a B+ health rating.
|FDIC Certificate #||2315|
|Return on Assets - YTD||1.2%|
|Return on Equity - YTD||10.98%|
|Annual Interest Income||$32.1MM|
|Assets and Liabilities|
|Assets||Q2 2020vs Q2 2019||$1.96B$1.02B|
|Loans||Q2 2020vs Q2 2019||$1.21B$711.3MM|
|Deposits||Q2 2020vs Q2 2019||$1.68B$893.0MM|
|Equity Capital||Q2 2020vs Q2 2019||$207.1MM$119.6MM|
|Loan Loss Allowance||Q2 2020vs Q2 2019||$16.5MM$8.2MM|
|Unbacked Noncurrent Loans||Q2 2020vs Q2 2019||$29.3MM$12.6MM|
|Real Estate Owned||Q2 2020vs Q2 2019||$891.00K$1.3MM|
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