Banking

Number 9: Columbian Bank and Trust 

The ninth bank to fail this year was announced by the Federal Deposit Insurance Corp. late Friday: The Columbian Bank and Trust Company, located in Topeka, Kansas. The FDIC said the failed bank had total assets of $752 million and total deposits of $622 million, of which there were approximately $46 million in uninsured deposits. The bank’s insured deposits were purchased by Chillicothe, Missouri-based Citizens Bank and Trust, according to a statement by the FDIC; Columbian’s nine branches will reopen Monday as branches of Citizen.