Armstrong Bank: how it compares with its peers
Against 12 OK banks with half to twice its assets, Armstrong Bank's strongest measure in Q2 2026 is efficiency ratio (59.07% vs. a 62.11% peer median). Its weakest relative measure is assets per employee ($6.8M vs. $8.3M).
| Measure | Armstrong Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.37% | 1.35% | Middle third Ahead of 50% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.99% | 3.91% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.07% | 62.11% | Middle third Ahead of 58% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.8M | $8.3M | Bottom third Ahead of 33% of peers |
| Loans to deposits Net loans and leases over total deposits. | 79.33% | 95.41% | Context |
What it means for lending operations
Its efficiency ratio of 59.07% is better than the 62.11% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- First Fidelity Bank Oklahoma City, OK · $2.98B
- Regent Bank Tulsa, OK · $2.24B
- Gateway First Bank Jenks, OK · $2.06B
- Mabrey Bank Bixby, OK · $2.02B
- Great Plains National Bank Elk City, OK · $1.93B
- Bank 7 Oklahoma City, OK · $1.91B
Questions about Armstrong Bank
How big is Armstrong Bank?
Armstrong Bank, established in 1910, is headquartered in Muskogee, OK. It reported $2.84B in total assets in its Q2 2026 FDIC call report and operates 31 offices.
What is Armstrong Bank's return on assets?
1.37% annualized in Q2 2026, against a 1.35% median for 12 OK banks with half to twice its assets, ahead of 50% of them.
What is Armstrong Bank's efficiency ratio?
59.07% in Q2 2026: it spent about 59 cents in noninterest expense for each dollar of revenue. The peer median is 62.11%, and lower is better.
Is Armstrong Bank growing its loans?
Net loans grew 19.7% over the year to Q2 2026, while deposits grew 13.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are OK banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Oklahoma bank ranked.