Armstrong Bank

Armstrong Bank

Overview / Commentary
1215 West Okmulgee Street
Muskogee, OK 74401

Armstrong Bank is headquartered in Muskogee and is the 12th largest bank in the state of Oklahoma. It is also the 806th largest bank in the nation. It was established in 1910 and as of December of 2019, it had grown to 264 employees at 21 locations. Armstrong Bank has a B+ health rating.


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Health Grade Components

FDIC Certificate #2315
Year Established1910
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.38%
Return on Equity - YTD12.04%
Annual Interest Income$51.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$989.9MM$983.6MM
LoansQ4 2019vs Q4 2018$732.9MM$718.0MM
DepositsQ4 2019vs Q4 2018$865.8MM$867.9MM
Equity CapitalQ4 2019vs Q4 2018$115.3MM$108.5MM
Loan Loss AllowanceQ4 2019vs Q4 2018$8.9MM$7.9MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$12.7MM$11.3MM
Real Estate OwnedQ4 2019vs Q4 2018$1.4MM$1.2MM

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