# First Nebraska Bank

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'''First Nebraska Bank''' is a state-chartered [commercial bank](/source/commercial_bank) headquartered in [Valley, Nebraska](/source/Valley%2C_Nebraska).  Founded in 1885, First Nebraska Bank is one of the oldest banking companies in [Nebraska](/source/Nebraska), with over $259 million in assets as of December 31, 2012.<ref>{{cite web|url=https://cdr.ffiec.gov/public/ManageFacsimiles.aspx|title=View or download data for individual institutions - FFIEC Central Data Repository's Public Data Distribution|publisher=|accessdate=2 October 2014}}</ref> The bank has ten branches in Nebraska, with locations in [Arcadia](/source/Arcadia%2C_Nebraska), [Bennet](/source/Bennet%2C_Nebraska), [Brainard](/source/Brainard%2C_Nebraska), [Columbus](/source/Columbus%2C_Nebraska), [Decatur](/source/Decatur%2C_Nebraska), [Emerson](/source/Emerson%2C_Nebraska), [Nebraska City](/source/Nebraska_City%2C_Nebraska), [Stanton](/source/Stanton%2C_Nebraska), [Valley](/source/Valley%2C_Nebraska), and [Weeping Water](/source/Weeping_Water%2C_Nebraska).<ref>{{cite web|title=BankFind Results|url=http://research.fdic.gov/bankfind/detail.html?bank=12248&name=First+Nebraska+Bank&searchName=FIRST+NEBRASKA+BANK&searchFdic=&city=&state=&zip=&address=&tabId=1#|publisher=Federal Deposit Insurance Corporation (FDIC)|accessdate=March 8, 2013}}</ref>  Primary federal oversight for the bank is provided by the [Federal Reserve Bank of Kansas City](/source/Federal_Reserve_Bank_of_Kansas_City), while state oversight is provided by the Nebraska Department of Banking and Finance.

==Ownership and Management==
First Nebraska Bank is a privately held company. It is 100% owned by Valley Bank Shares, Inc., a [bank holding company](/source/bank_holding_company), which also owns 100% of First Nebraska Insurance Group, Inc., an insurance agency with five offices in central and eastern Nebraska.<ref>{{Cite web|url=http://www.ffiec.gov/nicpubweb/nicweb/OrgHierarchySearchForm.aspx?parID_RSSD=1057430&parDT_END=99991231|title = Search Institutions}}</ref>

[Clark Lehr](/source/Clark_Lehr) is the bank's current chairman and chief executive officer. In May, 2012, at the Annual Convention of the [Nebraska Bankers Association](/source/Nebraska_Bankers_Association) (NBA), a state association for the Nebraska banking industry, Lehr was elected chairman of that organization.<ref>{{cite news|last=Blum|first=Julie|title=Clark Lehr to head state banking group|url=http://columbustelegram.com/news/local/clark-lehr-to-head-state-banking-group/article_52f653aa-9450-11e1-9646-0019bb2963f4.html|accessdate=March 8, 2013|newspaper=Columbus Telegram|date=May 2, 2012}}</ref>   Clark previously served as member and chairman of the NBA Executive Management Committee, and also was a member of the NBA Marketing Committee.<ref>{{cite web|title=Meet Our Chairman|url=http://www.nebankers.org/index.php/about-nba/meet-our-chairman.html#.UTpuK_Uo7Vg|publisher=Nebraska Bankers Association|accessdate=March 8, 2013}}</ref>

Lydell "Woody" Woodbury is the bank's current chief operating officer.   Woodbury also served as the 2005-2006 Government Relations Committee Chairman for the Nebraska Bankers Association.<ref>{{Cite web |url=http://www.nebankers.org/public/consumer/pressreleases/2006-04-28%20Banking%20Leaders.pdf |title=Archived copy |access-date=2006-10-04 |archive-url=https://web.archive.org/web/20061005023919/http://www.nebankers.org/public/consumer/pressreleases/2006-04-28%20Banking%20Leaders.pdf |archive-date=2006-10-05 |url-status=dead }}</ref>

==Acquisitions==
On August 1, 2012, First Nebraska Bank closed on the acquisition of Heartland Community Bank. Heartland's branches in Avoca, Bennet, Nebraska City, and Weeping Water were rebranded as branches of First Nebraska Bank.<ref>{{cite news|last=Jordan|first=Steve|title=First Nebraska Bank acquires Heartland Community Bank|url=http://www.omaha.com/article/20120802/MONEY/708029981|accessdate=March 8, 2013|newspaper=Omaha World Herald|date=August 2, 2012}}</ref>

==References==
{{Reflist}}

==External links==
*{{Official website|http://www.firstnebraskabank.com/ }}
Non-Banking
*[http://www.firstnebraskabank.com/personal/products/investment-services.aspx Brokerage Services]
*[http://www.firstnebraskabank.com/personal/insurance.aspx First Nebraska Bank Insurance Group]

Category:Banks based in Nebraska
Category:Privately held companies based in Nebraska
Category:Banks established in 1885
Category:1885 establishments in Nebraska

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Adapted from the Wikipedia article [First Nebraska Bank](https://en.wikipedia.org/wiki/First_Nebraska_Bank) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/First_Nebraska_Bank?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.