Armstrong County Building and Loan Association
Overview / Commentary
Armstrong County Building and Loan Association is headquartered in Ford City and is the 130th largest bank in the state of Pennsylvania. It is also the 4,165th largest bank in the nation. It was established in 1925 and as of March of 2021, it had grown to 6 employees at 1 location. Armstrong County Building and Loan Association has an A health rating.
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Health
A
Data as of Q1 2021
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Armstrong County Building and Loan Association has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29471 |
| Year Established | 1925 |
| Employees | 6 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0% |
| Return on Equity - YTD | 0% |
| Annual Interest Income | $699.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $92.8MM$88.5MM |
| Loans | Q1 2021vs Q1 2020 | $51.5MM$52.0MM |
| Deposits | Q1 2021vs Q1 2020 | $79.4MM$75.2MM |
| Equity Capital | Q1 2021vs Q1 2020 | $13.0MM$12.9MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $351.00K$325.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $615.00K$123.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $150.00K$223.00K |