Armstrong Bank
How we got $1.9M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 117 years (since 1909)
From public records and the company's website, not a statement that it's for sale.
What they do
Armstrong Bank is a family-oriented bank serving Oklahoma, Arkansas, and Texas, offering personal and business banking, lending, and merchant services.
From the company's website. Industry: Banks & credit unions.
Customers & suppliers
Suppliers & brands
- Clover · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DRUMMOND CATTLE LLC · Tulsa, 58 mi · $129.5M
- BERRY & BERRY ACQUISITION · Tahlequah, 1 mi · $93.2M
- LIVESAY ORCHARDS · Porter, 32 mi · $35.7M
- GREEN ACRE SOD FARMS, INC · Bixby, 50 mi · $31.0M
- SANDER'S NURSERY & DISBRIBUTION · Broken Arrow, 43 mi · $18.3M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Armstrong Bank this business | $1.9M | — |
| First State Bank Tahlequah | $5.2M | 0.2 mi |
| Maxlou Bancshares Inc Tahlequah | $1.9M | 0.2 mi |
| Bank of America ATM Tahlequah | $1.9M | 0.3 mi |
| Local Bank Tahlequah | $1.9M | 0.4 mi |
| Arvest Bank Tahlequah | $1.9M | 0.4 mi |
| BancFirst Tahlequah | $1.9M | 0.7 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Depository credit intermediation businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (45%). Treat these as a rough guide.
| Revenue range | $580K – $2.9M |
| EBITDA range | $261K – $1.3M |
| Industry (NAICS) | Depository credit intermediation (5221) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Throughout our rich history, the same family has owned and operated Armstrong Bank.”
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Armstrong Bank
Armstrong Bank is a family-owned banks & credit unions company in Tahlequah, Oklahoma, in business since 1909. Its estimated annual revenue is about $1.9M, with roughly $863K of EBITDA.
Common questions
- Who owns Armstrong Bank?
- The owner of Armstrong Bank isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Armstrong Bank make?
- SeeBITDA estimates Armstrong Bank's annual revenue at about $1.9M (likely between $580K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- When was Armstrong Bank founded?
- Armstrong Bank has been in business since 1909.