Armstrong Bank in city_name, state_name - Detailed Financial Reports, Location

Armstrong Bank in Muskogee, Oklahoma (OK)
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Armstrong Bank routing number info

Armstrong Bank - Overview

General
FDIC Certificate #: 2315
Status: Active
Federal Reserve ID: 470452
Bank Holding Company (Regulatory Top Holder): Ironhorse Financial Group, Inc. (RSSDID: 3488485, Location: Muskogee, OK)
Date Established: March 15, 1910
WWW: http://www.armstrongbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 17 (Domestic: 17, Interstate: No)
FDIC's unique #: 1532
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 12, 2008
Last Structure Change Process Date: January 14, 2009
Last Data Update: January 14, 2009
Data Source Date: April 05, 2012
Location
Address: 1111 West Broadway, Muskogee, OK 74401
County: Muskogee
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Tulsa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Muskogee, OK (#34780)
CBSA Micro Statistical Area: Yes
History of Changes
Office Purchased
Financial Summary
Total assets: $579.7 mil
Equity capital: $67.7 mil
Deposits held in domestic offices: $498.3 mil
Return on assets (ROA): 1.96% ($11.4 mil)
Quarterly return on assets: 1.70% ($9.9 mil)
Return on Equity (ROE): 18.71% ($12.7 mil)
Quarterly return on equity: 14.94% ($10.2 mil)
Net income: $11.3 mil
Quarterly Net income: $2.5 mil
Pretax return on assets: 1.96% ($11,362.9 mil)
Quarterly Pretax return on assets: 1.70% ($9,855.6 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
210Total employees (full-time equivalent)
$579,739Total assets
$17,975Cash and due from depository institutions
$8,131Interest-bearing balances
$141,592Securities
$117Federal funds sold & reverse repurchase agreements
$371,185Net loans & leases
$4,472Loan loss allowance
$0Trading account assets
$27,197Bank premises and fixed assets
$7,474Other real estate owned
$3,113Goodwill and other intangibles
$579,739Life insurance assets
$11,086All other assets
$512,046Total liabilities and capital
$498,252Total liabilities
$388,185Total deposits
$498,252Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,000Trading liabilities
$0Other borrowed funds
$3,794Subordinated debt
$67,693All other liabilities
$67,693Total equity capital
$67,693Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$800Surplus
$66,693Undivided profits
Memoranda
$0Noncurrent loans and leases
$2,125Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$7,492Income earned, not collected on loans
$0Earning assets
$4,180Long-term assets (5+ years)
$521,025Average Assets, year-to-date
$267,348Average Assets, quarterly
$576,242Volatile liabilities
$581,657Insider loans
$418,494FHLB advances
$581,393Loans and leases held for sale
$1,954Unused loan commitments
$392Tier 1 (core) risk-based capital
$59,912Tier 2 risk-based capital
$1,562Total risk weighted assets
$0Total unused commitments
$29,098Restructured Loans and leases
$4,999Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$28,992Total interest income
$4,512Total interest expense
$24,480Net interest income
$1,598Provision for loan and lease losses
$10,631Total noninterest income
$0Fiduciary activities
$6,148Service charges on deposit accounts
$0Trading account gains & fees
$4,483Additional noninterest income
$22,850Total noninterest expense
$11,638Salaries and employee benefits
$2,731Premises and equipment expense
$8,481Additional noninterest expense
$10,663Pre-tax net operating income
$640Securities gains (losses)
$0Applicable income taxes
$11,303Income before extraordinary items
$0Extraordinary gains - net
$11,303Net income attributable to bank
$0Net charge-offs
$11,303Cash dividends
$1,166Sale, conversion, retirement of capital stock, net
$6,043Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.58%Yield on earning assets
0.87%Cost of funding earning assets
4.71%Net interest margin
2.05%Noninterest income to earning assets
4.40%Noninterest expense to earning assets
1.85%Net operating income to assets
1.96%Return on assets (ROA)
1.96%Pretax return on assets
18.71%Return on equity (ROE)
8.71%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
137.05%Credit loss provision to net charge-offs
10.52%Efficiency ratio
64,814Assets per employee
2.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.46%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
59.69%Noncurrent assets plus other real estate owned to assets
2.58%Noncurrent loans to loans
1.99%Net loans and leases to deposits
74.50%Net loans and leases to core deposits
84.70%Equity capital to assets
11.68%Core capital (leverage) ratio
10.30%Tier 1 risk-based capital ratio
14.32%Total risk-based capital ratio
Memoranda
$15Average assets
$576,242Average earning assets
$60,415Average equity
$519,318Average loans

List of branches

17 Oklahoma Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1532	Armstrong Bank	1111 West Broadway, Muskogee, OK 74401	March 15, 1910	Full Service Brick and Mortar
2	13708	Warner Branch	810 North Campbell Street, Warner, OK 74469	June 02, 1969	Full Service Brick and Mortar
3	13985	Muldrow Branch	810 Shawntel Smith Boulevard, Muldrow, OK 74948	December 02, 1970	Full Service Brick and Mortar
4	286825	Stilwell Branch	501 South Second Street, Stilwell, OK 74960	September 02, 1981	Full Service Brick and Mortar
6	226824	North Main Branch	409 North Main Street, Gore, OK 74435	October 31, 1983	Full Service Brick and Mortar
7	288401	Tahlequah Branch	1401 South Muskogee, Tahlequah, OK 74464	July 29, 1988	Full Service Brick and Mortar
8	192486	Checotah Branch	1111 West Gentry, Checotah, OK 74426	December 11, 1998	Full Service Brick and Mortar
9	192487	Vian Branch	Schley & Thornton, Vian, OK 74962	December 11, 1998	Full Service Brick and Mortar
10	357514	Chandler Branch	2520 E. Chandler, Muskogee, OK 74403	November 01, 1999	Full Service Brick and Mortar
11	359731	Keys Branch	25955 Hwy 82, Park Hill, OK 74451	July 07, 2000	Full Service Brick and Mortar
12	419834	Downing Tahlequah East Branch	1364 East Downing, Tahlequah, OK 74464	March 27, 2003	Full Service Brick and Mortar
13	430021	Wagoner Location Branch	1500 West Highway 51, Wagoner, OK 74467	May 12, 2004	Full Service Brick and Mortar
14	453091	Sallisaw Office Branch	800 West Ruth, Sallisaw, OK 74955	November 08, 2005	Full Service Brick and Mortar
15	474400	Bartlesville Branch	3651 Se Nowata Road, Bartlesville, OK 74006	May 09, 2008	Full Service Brick and Mortar
17	202359	Pawnee Branch	501 Harrison Street, Pawnee, OK 74058	January 31, 2000	Full Service Brick and Mortar
18	444870	Dewey Branch	525 North Osage, Dewey, OK 74029	July 11, 2005	Full Service Brick and Mortar
19	506277	Fort Gibson Branch	803 South Lee Street, Fort Gibson, OK 74434	November 18, 2009	Full Service Brick and Mortar

Armstrong Bank in Muskogee, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Armstrong Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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Armstrong Bank in Muskogee, Oklahoma (OK)Overview, Financial Summary, Detailed Financial Reports, Branches

Armstrong Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Armstrong Bank in Muskogee, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches