Relevant:
- Inadequate Loan Loss Reserves At Numerous Minnesota Banks
- 98 TARP Recipients Close To Failure; Citigroup's Chairman Gives Reasons Citigroup Should Be Broken Up
- Imploded: 1st American State Bank of Minnesota, Hancock, Minnesota
- 1,000 Banks Will Fail or Merge
- Small Banks Fail at Growing Rate, Straining F.D.I.C.
2009-07-30 — startribune.com
"Minnesota's small banks made so many big bets on real estate that the state ranks fifth nationally in the number of banks with excessive levels of bad loans. Expect more banks to fail."
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