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Conditions 'still not back to normal' for Minnesota banks

Published 02/23/2012, Star Tribune (Minneapolis)

Banks are paring their load of troubled commercial real estate loans -- a primary culprit in the recent bank crisis -- by charging them off, restructuring them, bringing in new capital and getting customers to pay them. But while asset quality may start to approach precrisis levels by the end of the year, loan growth probably won't and neither will profitability, the Minneapolis Fed said Wednesday in its first local bank forecast.

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