# BANK OF NIOBRARA

> **Failed bank** · NIOBRARA, NE · failed 1983-07-08 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

BANK OF NIOBRARA of NIOBRARA, NE was closed by regulators on **1983-07-08**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FARMERS&MERCHANTS STB BL** (BLOOMFIELD, NE). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 798
- **FDIC Certificate:** 13189
- **FDIC FIN:** 2354
- **Bank name:** BANK OF NIOBRARA
- **Location:** NIOBRARA, NE
- **Failure date:** 1983-07-08
- **FDIC resolution date:** 1983-07-08
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $6M
- **Assets at failure:** $7M
- **Acquiring bank:** FARMERS&MERCHANTS STB BL (BLOOMFIELD, NE)

## Other banks FARMERS&MERCHANTS STB BL has acquired in FDIC resolutions

- CROFTON STATE BANK (CROFTON, NE) — failed 1987-12-03 — /failed-bank/1566
- CENTER STATE BANK (CENTER, NE) — failed 1987-12-03 — /failed-bank/1565

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANK%20OF%20NIOBRARA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF NIOBRARA (FDIC ID 798), failed 1983-07-08. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/798.

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