Data / Bank failures / 1986 / The First National Bank of Tekamah
The First National Bank of Tekamah, Tekamah, NE: failed March 6, 1986
The First National Bank of Tekamah in Tekamah, Nebraska, failed on March 6, 1986. Nebraska National Bank of Omaha, NE, took over its deposits. It held $21.2 million in assets and $20.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2.2 million (10.4% of its assets). By assets it was the 132nd largest of 204 banks closed or assisted in 1986.
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The FDIC's record
- Closed
- March 6, 1986
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Nebraska National Bank, Omaha, NE
- Total assets
- $21,166,000
- Total deposits
- $20,228,000
- Estimated cost to the FDIC
- $2,203,852 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 5482
Other bank failures in Nebraska, 1984 to 1988
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Platte Valley FS&LA | Gering | July 21, 1988 | $407.6 million | $400.1 million | ||
| Frenchman Valley Bank | Palisade | March 10, 1988 | $2.8 million | $2.7 million | $601,833 | |
| State Bank of Jansen | Jansen | December 3, 1987 | $5 million | $4.6 million | $264,440 | Security NB of Superior |
| Crofton State Bank | Crofton | December 3, 1987 | $11.6 million | $10.8 million | $1.7 million | FARMERS&MERCHANTS STB BL |
| Center State Bank | Center | December 3, 1987 | $8.4 million | $8 million | $1.6 million | FARMERS&MERCHANTS STB BL |
| First State Bank | Oakdale | December 3, 1987 | $5.6 million | $5.4 million | $499,508 | First United Bank |
| American Security Bank | North Platte | October 30, 1987 | $27.1 million | $26.5 million | $3.7 million | North Platte National Ba |
| Security State Bank | Oxford | October 1, 1987 | $12.2 million | $11.7 million | $1.8 million | Union BANK&TRUST Co |
All bank failures in 1986 · 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.