Vitals
  • Total Assets
    886.7M 5.5 %
  • Total Deposits
    772.1M 5.1 %
  • Total Net Loans
    674.8M 5.4 %
  • Net Income
    19.5M 13.5 %
  • Book Value
    109.3M 7.2 %
  • Book Value x2
    218.6M 7.2 %
  • Book Value x3
    327.9M 7.2 %
ROAA

2.229

ROAE

18.398

Efficiency Ratio

57.681

Net Interest Margin

5.531

Balance Sheet Highlights
Financial Highlights Armstrong Bank All Insured Commercial Banks in Oklahoma
Balance Sheet $(000)
Total Assets 886,669 202,868
Total Net Loans 674,826 137,756
Total Deposits 772,105 172,449
Total Equity 109,303 21,595
Profitability
Net Income 19,489 2,672
Return on Average Assets 2.229 1.261
Return on Average Equity 18.398 11.655
Net Interest Margin 5.531 4.163
Efficiency Ratio 57.681 67.201
Noninterest Income/Revenue 22.852 16.695
Balance Sheet Ratios
Loan-to-Deposit 87.401 75.305
Securities/Assets .131 .172
Total Equity/Total Assets .123 .106
Tangible Equity/Tangible Assets .107 .104
Capital Adequacy
Tier 1 Common Capital 92,062 21,413
Tier 1 Capital 92,062 21,413
Tier 2 Capital 6,473 1,666
Total Capital 98,535 23,103
Total Risk Weighted Assets 681,140 150,667
Leverage Ratio 10.58 10.837
Common Equity Tier 1 Capital Ratio 13.52 15.74
Tier 1 Capital Ratio 13.52 15.742
Total Capital Ratio 14.47 16.809

Timeline for Armstrong Bank

Benefit Bank

Acquisition: Armstrong Bank acquired a new subsidiary, Benefit Bank, 8 years

View Profile May 23 2015

Ironhorse Financial Group, Inc.

Ironhorse Financial Group, Inc. became a new parent organization for Armstrong Bank.

View Profile Dec 30 2006

Armstrong Bancshares, Inc.

Armstrong Bancshares, Inc. became a new parent organization for Armstrong Bank.

View Profile Jan 01 1996

Lake Country Bank

Acquisition: Armstrong Bank acquired a new subsidiary, Lake Country Bank, 29 years

View Profile Jul 01 1994

Sequoyah State Bank Of Muldrow

Acquisition: Armstrong Bank acquired a new subsidiary, Sequoyah State Bank Of Muldrow, 32 years

View Profile Jul 19 1991

Want to see more?

Complete timeline for Armstrong Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Benefit Bank Seller 194,680 Pooling of Interests Discontinued 5/23/2015
Lake Country Bank Seller 10,427 Discontinued 7/1/1994
Sequoyah State Bank Of Muldrow Seller 17,288 Discontinued 7/19/1991
The Security Bank Seller 9,370 Failure 7/15/1988
Relationships Role Relationship Start Relationship End
Ironhorse Financial Group, Inc. Parent 12/30/2006
Armstrong Bancshares, Inc. Parent 1/1/1996 12/29/2006
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