Bank failure · NE

The First National Bank of Tekamah (Tekamah, NE) — failed March 6, 1986

The First National Bank of Tekamah of Tekamah, Nebraska was closed on March 6, 1986 and resolved through a purchase and assumption. Nebraska National Bank (NE) took over its insured deposits. At failure it held $21.2M in assets and $20.2M in deposits. The FDIC's estimated loss on the failure is $2.2M (10.4% of assets).