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Data / Bank failures / 1984 / David City Bank

David City Bank, David City, NE: failed September 6, 1984

David City Bank in David City, Nebraska, failed on September 6, 1984. First National Bank of O of Omaha, NE, took over its deposits. It held $21.3 million in assets and $18.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2.3 million (10.7% of its assets). By assets it was the 64th largest of 106 banks closed or assisted in 1984.

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The FDIC's record

Closed
September 6, 1984
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
First National Bank of O, Omaha, NE
Total assets
$21,321,000
Total deposits
$18,801,000
Estimated cost to the FDIC
$2,284,589 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
13256

The FDIC record

Other bank failures in Nebraska, 1982 to 1986

BankCityClosedAssetsDepositsEstimated costAcquirer
Bank of GeringGeringOctober 23, 1986$24.2 million$22.2 million$3.9 millionFirst State Bank
The Gering National Bank & TrustGeringJuly 31, 1986$70.2 million$70.6 million$19.5 millionScottsbluff NB&T Co
Fillmore County BankGenevaJuly 17, 1986$12 million$11.2 million$2.4 millionYork State BANK&TRUST Co
Roseland State BankRoselandMay 28, 1986$12 million$11.2 million$662,067Hastings State Bank
The First National Bank of TekamahTekamahMarch 6, 1986$21.2 million$20.2 million$2.2 millionNebraska National Bank
Johnson County BankTecumsehFebruary 7, 1986$20.2 million$19.4 million$4.8 millionState Bank of Elk Creek
Bank of PanamaPanamaDecember 19, 1985$4.4 million$4.3 million$1.4 millionFarmers State Bank
Farmers State BankSargentDecember 19, 1985$12.5 million$11.3 million$1.6 millionFirst National Bank in O

Other failed banks First National Bank of O took over

BankCityStateClosedAssetsDepositsEstimated costAcquirer
The First National Bank of OlneyOlneyTXMarch 12, 1987$16.7 million$17.3 million$2.5 millionFirst National Bank of O
The First National Bank of OnagaOnagaKSJuly 23, 1985$22.4 million$22.3 million$2.2 millionFirst National Bank of O

All bank failures in 1984 · All bank failures in Nebraska · Every failed bank First National Bank of O took over · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.