Bank failure · NE
Mid City Bank, Inc. (Omaha, NE) — failed November 4, 2011
Mid City Bank, Inc. of Omaha, Nebraska was closed on November 4, 2011 and resolved through a purchase and assumption. Purdum State Bank (NE) took over its insured deposits. At failure it held $106.1M in assets and $105.5M in deposits. The FDIC's estimated loss on the failure is $10.9M (10.3% of assets).
- Closing date
- November 4, 2011
- FDIC certificate #
- 19397
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Purdum State Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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