Kansas banks report net loss in 3rd quarter

? Kansas commercial banks posted a net loss for the third quarter as the recession and bad loans continued to punish the state’s lenders.

The state’s savings and loans, on the other hand, were able to eke out a slight increase in profits.

The Federal Deposit Insurance Corp. said Tuesday that Kansas’ commercial banks reported a net loss of $2.9 million during the three months ended Sept. 30. By comparison, the banks earned $90.4 million during the same period a year ago.