54 failures since 1934 · $608 million estimated loss
Bank failures in Nebraska
Nebraska has 54 bank failures on FDIC record since 1934, 1.5% of the national total and the 18th-highest count of any state or territory. The worst year was 1985, with 13. Since 2000 there have been 4; the most recent was Ericson State Bank on February 14, 2020. The largest by assets was TierOne Bank of Lincoln, with $2.8 billion, in 2010.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| February 14, 2020 | Ericson State Bank | Ericson, NE | $101 million | $23.3 million |
| November 4, 2011 | Mid City Bank, Inc. | Omaha, NE | $106 million | $10.9 million |
| June 4, 2010 | TierOne Bank | Lincoln, NE | $2.8 billion | none |
| February 13, 2009 | Sherman County Bank | Loup City, NE | $135 million | $42.7 million |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| February 16, 1990 | Equitable Savings and Loan Association, F.A. | Columbus, NE | $73.2 million | $3.9 million |
| February 16, 1990 | Heritage FSB | Omaha, NE | $225 million | $16.5 million |
| January 18, 1990 | First Federal Savings and Loan Association of York | York, NE | $59.7 million | $2.8 million |
| September 23, 1989 | The Farmers State Bank | Lyman, NE | $5.7 million | $1.0 million |
| February 17, 1989 | Nile Valley Federal Savings and Loan Association | Scottsbluff, NE | $56.3 million | $38.9 million |
| February 17, 1989 | Midwest Federal Savings and Loan Association | Nebraska City, NE | $139 million | $32.0 million |
| February 17, 1989 | Equitable FSB | Fremont, NE | $225 million | $28.6 million |
| February 17, 1989 | Platte Valley Federal Savings and Loan Association | Gering, NE | $317 million | $181 million |
| February 17, 1989 | Occidental Nebraska FSB | Omaha, NE | $677 million | $156 million |
| July 21, 1988 | Platte Valley Federal Savings and Loan Association | Gering, NE | $408 million | not estimated |
| March 10, 1988 | Frenchman Valley Bank | Palisade, NE | $2.8 million | $602 thousand |
| December 3, 1987 | State Bank of Jansen | Jansen, NE | $5.0 million | $264 thousand |
| December 3, 1987 | The First State Bank | Oakdale, NE | $5.6 million | $500 thousand |
| December 3, 1987 | Center State Bank | Center, NE | $8.4 million | $1.6 million |
| December 3, 1987 | Crofton State Bank | Crofton, NE | $11.6 million | $1.7 million |
| October 30, 1987 | American Security Bank | North Platte, NE | $27.1 million | $3.7 million |
| October 1, 1987 | Security State Bank | Oxford, NE | $12.2 million | $1.8 million |
| October 23, 1986 | Bank of Gering | Gering, NE | $24.2 million | $3.9 million |
| July 31, 1986 | The Gering National Bank & Trust Company | Gering, NE | $70.2 million | $19.5 million |
| July 17, 1986 | Fillmore County Bank | Geneva, NE | $12.0 million | $2.4 million |
| May 28, 1986 | Roseland State Bank | Roseland, NE | $12.0 million | $662 thousand |
| March 6, 1986 | The First National Bank of Tekamah | Tekamah, NE | $21.2 million | $2.2 million |
| February 7, 1986 | Johnson County Bank | Tecumseh, NE | $20.2 million | $4.8 million |
| December 19, 1985 | Farmers & Merchants Bank | Comstock, NE | $3.3 million | $785 thousand |
| December 19, 1985 | Bank of Panama | Panama, NE | $4.4 million | $1.4 million |
| December 19, 1985 | Farmers State Bank | Sargent, NE | $12.5 million | $1.6 million |
| December 5, 1985 | Security State Bank | Broken Bow, NE | $8.0 million | $1.6 million |
| September 18, 1985 | Elba State Bank | Elba, NE | $4.7 million | $657 thousand |
| August 2, 1985 | Farmers State Bank | Rising City, NE | $12.8 million | $320 thousand |
| May 31, 1985 | Scroggin and Company Bank | Oak, NE | $3.6 million | $165 thousand |
| May 31, 1985 | Security State Bank | Edgar, NE | $6.6 million | $1.1 million |
| May 31, 1985 | The Fairfield State Bank | Fairfield, NE | $6.8 million | $1.7 million |
| May 31, 1985 | Bank of Taylor | Taylor, NE | $14.5 million | $1.7 million |
| April 10, 1985 | State Bank of Alexandria | Alexandria, NE | $2.5 million | $170 thousand |
| March 8, 1985 | Citizens State Bank | Arapahoe, NE | $16.9 million | $2.1 million |
| January 7, 1985 | State Bank of Dannebrog | Dannebrog, NE | $4.9 million | $1.1 million |
| December 18, 1984 | Uehling State Bank | Uehling, NE | $4.2 million | $700 thousand |
| October 24, 1984 | Farmers State Bank | Kilgore, NE | $6.1 million | none |
| October 24, 1984 | The Bank of Cody | Cody, NE | $10.3 million | $2.7 million |
| September 19, 1984 | Bank of Verdigre and Trust Company | Verdigre, NE | $13.4 million | $3.7 million |
| September 6, 1984 | David City Bank | David City, NE | $21.3 million | $2.3 million |
| July 8, 1983 | Bank of Niobrara | Niobrara, NE | $7.2 million | $2.7 million |
| May 7, 1973 | Elm Creek State Bank | Elm Creek, NE | $3.2 million | not estimated |
| April 5, 1971 | Bank of Salem | Salem, NE | $679 thousand | not estimated |
| October 29, 1964 | Nebraska St. Bank of Valentine, Nebraska | Valentine, NE | $7.8 million | not estimated |
| May 13, 1959 | The Bartlett State Bank | Bartlett, NE | $570 thousand | not estimated |
| October 3, 1939 | Security State Bank | Lawrence, NE | $121 thousand | not estimated |
| February 28, 1938 | State Bank of Surprise | Surprise, NE | $65 thousand | not estimated |
| February 1, 1938 | Farmers Security Bank | Maywood, NE | $213 thousand | not estimated |
| June 29, 1935 | The First National Bank of Pender | Pender, NE | $301 thousand | not estimated |