Columbian Bank and Trust of Kansas Closed by U.S. Regulators

Aug. 23 (Bloomberg) — Columbian Bank and Trust Co. of Topeka, Kansas, was closed by U.S. regulators, the nation’s ninth bank to collapse this year amid bad real-estate loans and writedowns stemming from a drop in home prices.The bank, with $752 million in assets and $622 million in total deposits, was shuttered by the Kansas [...] continue reading world news