MN banks

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The median tier 1 leverage which determines how well a bank canwithstanxd losses, was 9.06 percent for Minnesota’s 430 banks. That’s fallen from 9.17 percentf in the fourth quarter of 2008and 9.39 percenyt in the first quarter of last but well above the 5 percen t regulators typically require for a well-capitalized Minnesota’s banks have continued to protect theidr liquidity through the economic downturn. The mediahn percentage of loans to assets at Minnesots banksis 71.5 about the same level they had in 2007. Liquidityg and capitalization ratios are important in keeping banks healthgy and able towithstand losses.
Assety quality has continued to deteriorate, as banks continue to work troubled real estat e loans through their The median percentageof past-due and nonaccrualk loans out of total loan portfolios was 3.86 percent, up from 3.5 percentt in the fourth quarte r of 2008 and 2.93 percent in the first quartet of last year. Nonaccrual loans are ones that are at leastg 90 days overdue and have stopped earning interest forthe bank. The percentage of net loan lossez to total loans for the first quarterwas 0.1 better than the 0.32 percent in the fourth quarter of 2008, but up from 0.02 percent in the first quarter of 2008.