Armstrong Bank

Armstrong Bank

Overview / Commentary
1215 West Okmulgee Street
Muskogee, OK 74401

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.


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Health Grade Components

FDIC Certificate #2315
Year Established1910
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.2%
Return on Equity - YTD10.98%
Annual Interest Income$32.1MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.96B$1.02B
LoansQ2 2020vs Q2 2019$1.21B$711.3MM
DepositsQ2 2020vs Q2 2019$1.68B$893.0MM
Equity CapitalQ2 2020vs Q2 2019$207.1MM$119.6MM
Loan Loss AllowanceQ2 2020vs Q2 2019$16.5MM$8.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$29.3MM$12.6MM
Real Estate OwnedQ2 2020vs Q2 2019$891.00K$1.3MM

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