MID CITY BANK, INC. Failed 2011
What happened
MID CITY BANK, INC. of OMAHA, NE was closed on 2011-11-04. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to PURDUM STATE BANK (PURDUM, NE). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3976
- FDIC Certificate
- 19397
- FDIC FIN
- 10410
- Bank name
- MID CITY BANK, INC.
- Location
- OMAHA, NE
- Failure date
- 2011-11-04
- FDIC resolution date
- 2011-11-04
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $11M
- Deposits at failure
- $105M
- Assets at failure
- $106M
- Acquiring bank
- PURDUM STATE BANK (PURDUM, NE)