Bond Set For Beatrice Man Arrested in Monday Bank Robbery

BEATRICE – Appearance bond has been set at $25,000 for a Beatrice man arrested yesterday, following a robbery at Great Western Bank, at 10th and Court.

No one was injured in the incident, and police arrested 54-year-old Terry Bailes a short distance from the bank, near 9th and Ella. The incident prompted a lockdown at the Beatrice Middle School, just blocks away.

Bailes is suspected of walking into the bank and demanding money.  Police Captain Gerald Lamkin says Bailes was given a small amount of money and left on foot.  Police used a description from bank employees and bank surveillance video to identify Bailes, as the suspect.  Lamkin said during the incident, Bailes was not armed, but allegedly had placed his hands inside his jacket, with the pockets protruding outward.  No weapon was displayed.

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When police contacted him, officers stated in a court affidavit that he put his hands up in the air, stating he was the person they were looking for.

Police said Bailes told them, “this is better than being homeless”.   He also allegedly told officers he had bought a pack of cigarettes, “with that ten dollars”.

In court Tuesday, Deputy Gage County Attorney Justin Huber said Bailes had a record that included a felony theft and arrests for violent crimes.

Gage County Judge Steve Timm scheduled further hearing in the case, for November 21st.

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