Bank Failure
Uehling State Bank
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Closed December 18, 1984 · Uehling, NE · FDIC Cert #20978.
- Closing date
- December 18, 1984
- Headquarters
- Uehling, NE
- FDIC Certificate
- 20978
- Total assets at closing
- $4.2M
- Total deposits at closing
- $3.7M
- Estimated loss to the insurance fund
- $700K
- Insurance fund
- FDIC insurance fund
- Resolution
- Failure (closed by regulators)
- Acquirer
- Uehling State Bank
Context
On December 18, 1984, regulators closed Uehling State Bank, headquartered in Uehling, NE. At closing, the institution held approximately $4.2M in assets and $3.7M in deposits. The FDIC record names Uehling State Bank as the acquiring institution in the resolution. The estimated cost to the FDIC insurance fund was approximately $700K.
By assets at closing this is the 3023rd largest of the 3,526 bank failures in the FDIC record, and the 80th of 83 in 1984. It falls in the period the record labels S&L / Banking Crisis (1980-1995), a period with 2,367 failures peaking at 530 in 1989.
Deregulation, interest-rate shocks, and commercial real estate blowups produced the worst US banking failure wave since the Depression. Resulted in FIRREA (1989) and the RTC.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Uehling State Bank fail?
Uehling State Bank was closed by regulators on December 18, 1984.
Who acquired Uehling State Bank?
The FDIC record names Uehling State Bank as the acquiring institution in the resolution of Uehling State Bank.
How big was Uehling State Bank when it failed?
Uehling State Bank had approximately $4.2M in total assets and $3.7M in deposits at the time of failure.
Other failures in 1984
| Date | Bank | Assets |
|---|---|---|
| Dec 22, 1984 | First Security Bank | $13.4M |
| Dec 20, 1984 | The Farmers State Bank | $14.6M |
| Dec 11, 1984 | University Bank of Wichita | $4.7M |
| Dec 7, 1984 | San Marino S&LA | $856.8M |
| Dec 7, 1984 | Farmers State BK of Holyoke | $3.9M |
| Dec 4, 1984 | Golden Spike State Bank | $7.8M |
| Nov 30, 1984 | The Dayton BK & TR Co. | $51.4M |
| Nov 29, 1984 | The Strong City State Bank | $5.0M |
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