Marcy Gordon, AP Business Writer, On Friday October 15, 2010, 8:33 pm EDT
WASHINGTON (AP) -- Regulators on Friday seized three banks in Kansas and Missouri, raising to 132 the number of U.S. banks that have been brought down this year by mounting loan defaults and the sputtering economy.
The Federal Deposit Insurance Corp. on Friday took over the banks: Premier Bank, based in Jefferson City, Mo., with about $1.18 billion in assets and $1.03 billion in deposits; WestBridge Bank and Trust Co. of Chesterfield, Mo., with $91.5 million in assets and $72.5 million in deposits; and Security Savings Bank, based in Olathe, Kan., with $508.4 million in assets and $397 million in deposits.