Bank failure · NE

State Bank of Alexandria (Alexandria, NE) — failed April 10, 1985

State Bank of Alexandria of Alexandria, Nebraska was closed on April 10, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $2.5M in assets and $2.4M in deposits. The FDIC's estimated loss on the failure is $170K (6.7% of assets).