Armstrong Bank
Armstrong Bank reported total assets of $2.8 bn at Q2 2026, up 15.1% on a year earlier, the 447th largest of 497 banks in our US coverage. The CET1 capital ratio at Armstrong Bank was 13.89%, and the uninsured share of Armstrong Bank was 24.46%. Source: FDIC Call Reports.
Key takeaways
- On net interest margin, Armstrong Bank climbed from 229th to 144th among 500 US banks between and (1 = highest; FDIC Call Reports).
- Over the year to , the bank equity capital of Armstrong Bank rose by 40.7% to $232.9 mn, a bigger rise than at 95% of covered banks (FDIC Call Reports).
- Since , Armstrong Bank has taken over one institution; the latest was Republic Bank & Trust on (FDIC Call Reports).
What sets Armstrong Bank apart
How large is Armstrong Bank?
The balance sheet of Armstrong Bank at : assets $2.8 bn, deposits $2.6 bn, net loans $2.1 bn (loans equal to 79.33% of deposits). Securities make up 18.7% of total assets at Armstrong Bank. Since , when Armstrong Bank held $873.7 mn, its assets grew 225.4%. In the year to , deposits at Armstrong Bank rose 13.0% while its total assets rose 15.1%. At , Armstrong Bank employed 421 full-time equivalent staff across 29 offices, about $6.8 mn of assets per employee and $89.3 mn of deposits per office.
How much funding at Armstrong Bank is uninsured?
At Armstrong Bank, uninsured deposits (above the FDIC limit) made up 24.46% of domestic deposits at (-2.68 pp on a year earlier); Armstrong Bank ranks 377th of 500 on this measure. In dollars, Armstrong Bank estimated $633.3 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.6 bn | +13.0% | 405th of 499 |
| Net loans and leases | $2.1 bn | +19.7% | 433rd of 500 |
| Loan-to-deposit ratio | 79.33% | +4.40 pp | 355th of 500 |
| Tier 1 leverage ratio | 10.42% | +0.32 pp | 237th of 500 |
| Total risk-based capital ratio | 14.97% | -0.17 pp | 167th of 448 |
| Net interest margin | 3.99% | +0.49 pp | 144th of 500 |
| Return on assets (ROA) | 1.37% | +0.24 pp | 215th of 500 |
| Efficiency ratio | 59.07% | -6.72 pp | 317th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $104.7 mn | Narrowed by $41.5 mn | |
| Noncurrent loans to total loans | 0.25% | -0.07 pp | 84th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.15% | +0.09 pp | 309th of 500 (1 = lowest) |
US rank of Armstrong Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Armstrong Bank: assets, deposits and loans
- Total assets $2.8bn
- Deposits $2.6bn
- Net loans $2.1bn
Capital and securities
The CET1 ratio of Armstrong Bank stood at 13.89% in , -0.25 pp year on year. Low and high at Armstrong Bank since : 12.71% () to 15.14% (). Equity capital of Armstrong Bank at : $232.9 mn, or 8.2% of total assets. Armstrong Bank also reported a total capital ratio of 14.97% for , and a tier 1 leverage ratio of 10.42%.
The available-for-sale portfolio of Armstrong Bank showed an unrealized loss of $104.7 mn at ; the loss narrowed by $41.5 mn over the year.
Armstrong Bank: capital ratios
- Total capital 15%
- CET1 14%
- Tier 1 leverage 10%
Armstrong Bank: unrealized securities gains and losses
- Available for sale -$105mn
- Held to maturity $0
Profitability and loan quality
For the year to , Armstrong Bank earned a return on equity of 17.13%; return on assets: 1.37%. Net interest margin at Armstrong Bank: 3.99%, +0.49 pp in a year. Armstrong Bank net income: $18.7 mn, up 34.0% year on year. The efficiency ratio of Armstrong Bank was 59.07%: about 59 cents cost per revenue dollar, against 57 cents at the median peer.
At , noncurrent loans were 0.25% of total loans at Armstrong Bank; net charge-offs: 0.15% of average loans. Gross loans and leases at Armstrong Bank: $2.1 bn, up 19.7% in a year.
Armstrong Bank: profitability
- Return on equity 17%
- Net interest margin 4.0%
- Return on assets 1.4%
Peer group of Armstrong Bank
The peer group of Armstrong Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Armstrong Bank (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Oklahoma. Against them, Armstrong Bank shows CET1 ratio 13.89% against a peer median of 12.95%, return on equity 17.13% against a peer median of 13.02% and uninsured deposit share 24.46% against a peer median of 39.61%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| ANB Bank | State member bank | CO | $2.9 bn | 14.59% | 13.09% | 47.27% | |
| Lakeside Bank | State nonmember bank | IL | $2.9 bn | 12.41% | 17.28% | 51.67% | |
| American Momentum Bank | State nonmember bank | TX | $2.8 bn | 24.90% | 5.78% | 47.53% | |
| Armstrong Bank | State member bank | OK | $2.8 bn | 13.89% | 17.13% | 24.46% | |
| Habib American Bank | State nonmember bank | NY | $2.8 bn | 12.79% | 11.35% | 31.96% | |
| Medallion Bank | State nonmember bank | UT | $2.8 bn | 13.12% | 12.95% | 0.24% | |
| Emprise Bank | State nonmember bank | KS | $2.8 bn | 10.22% | 21.01% | 28.19% | |
. FDIC Call Reports.
Last eight quarters
Two years at Armstrong Bank, to : assets +17.1%, deposits +16.3%, equity +24.8%. Staff 418 to 421; offices 28 to 29.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.4 bn | $2.5 bn | $2.5 bn | $2.5 bn | $2.5 bn | $2.7 bn | $2.7 bn | $2.8 bn |
| Total deposits | $2.2 bn | $2.3 bn | $2.3 bn | $2.3 bn | $2.3 bn | $2.4 bn | $2.5 bn | $2.6 bn |
| Bank equity capital | $186.6 mn | $177.4 mn | $170.5 mn | $165.5 mn | $195.3 mn | $205.8 mn | $217.3 mn | $232.9 mn |
| CET1 ratio | 14.63% | 14.34% | 14.32% | 14.14% | 14.21% | 13.74% | 13.69% | 13.89% |
| Return on equity (ROE) | 10.71% | 11.15% | 13.71% | 16.34% | 19.28% | 17.24% | 16.25% | 17.13% |
| Uninsured share of domestic deposits | 23.60% | 26.32% | 26.22% | 27.14% | 27.58% | 30.20% | 23.15% | 24.46% |
| Full-time equivalent employees | 418 | 421 | 426 | 426 | 427 | 432 | 424 | 421 |
| Number of offices | 28 | 28 | 29 | 29 | 29 | 30 | 31 | 29 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Armstrong Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Republic Bank & Trust (FDIC certificate 27286).
Large one-quarter moves at Armstrong Bank
- Total assets at Armstrong Bank changed by +69.0% in the quarter to 2020-03-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Republic Bank & Trust.
Questions and identifiers
What were the total assets of Armstrong Bank?
Armstrong Bank reported $2.8 bn at in its Call Report. That makes Armstrong Bank the 447th largest of 497 banks in our US coverage.
Is Armstrong Bank the same as its holding company?
No. This page covers Armstrong Bank, FDIC certificate 2315; IRONHORSE FINANCIAL GROUP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Armstrong Bank profitable?
Armstrong Bank reported net income of $18.7 mn for the year to ; annualized return on equity: 17.13%. So yes: Armstrong Bank made a profit over these months.
When is data for Armstrong Bank next updated?
Figures from Armstrong Bank for are due after .
Where can I check the figures for Armstrong Bank?
In the FDIC BankFind Suite record for certificate 2315, and in the Call Reports of Armstrong Bank (RSSD ID 470452) at the FFIEC Central Data Repository.