Bank failure · NE

David City Bank (David City, NE) — failed September 6, 1984

David City Bank of David City, Nebraska was closed on September 6, 1984 and resolved through a purchase and assumption. First National Bank of O (NE) took over its insured deposits. At failure it held $21.3M in assets and $18.8M in deposits. The FDIC's estimated loss on the failure is $2.3M (10.7% of assets).