Data / Bank failures / 2011 / Mid City Bank, Inc.
Mid City Bank, Inc., Omaha, NE: failed November 4, 2011
Mid City Bank, Inc. in Omaha, Nebraska, failed on November 4, 2011. Purdum State Bank of Purdum, NE, took over its deposits. It held $106.1 million in assets and $105.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $10.9 million (10.3% of its assets). By assets it was the 73rd largest of 92 banks closed or assisted in 2011.
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The FDIC's record
- Closed
- November 4, 2011
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Purdum State Bank, Purdum, NE
- Total assets
- $106,075,000
- Total deposits
- $105,461,000
- Estimated cost to the FDIC
- $10,944,401 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 19397
Other bank failures in Nebraska, 2009 to 2013
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Tierone Bank | Lincoln | June 4, 2010 | $2.82 billion | $2.19 billion | Great Western Bank | |
| Sherman County Bank | Loup City | February 13, 2009 | $135.4 million | $90.6 million | $42.7 million | Heritage Bank |
All bank failures in 2011 · All bank failures in Nebraska · 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.