First Commercial Bank (Bloomington, Minnesota)

SHAKY GROUND; Commercial real estate execs discuss the `90-'91 downturn and how the latest crash compares.(BUSINESS)
Star Tribune (Minneapolis, MN); 10/25/2009; 1801 words; ...Thomas Borman, Minnesota Commerce Commissioner...mark for the commercial real estate...Dain Plaza and First Bank Place that it...Lawrence Group, a Bloomington partnership...oversees all its Minnesota operations...how does this commercial real estate...as marginal banks. ...

Willing buyer has trouble finding willing sellers; Some real estate investors see opportunity in distressed real estate loans, but bankers balk at lowball offers.(BUSINESS INSIDER)
Star Tribune (Minneapolis, MN); 10/12/2009; 1289 words; ...estate assets from Minnesota banks scrubbing...familiar one. Banks may be struggling...loss erodes a bank's capital...Even for healthy banks, prices have...Strategies, a commercial real estate consultant...Minneapolis. "The banks are not willing...Prior Lake State Bank ...

people on the move
Northwestern Financial Review; 9/15/2009; 742 words; ...subsidiary MidWestOne Bank. She had been...president of Brenton Bank, Des Moines...has been named commercial loan officer...president of commercial banking. Pleskovitch...graduating from Minnesota State University...Guaranty Bank, Bloomington, Minn. * Promontory...Minden, Neb. ...

Bloomington bank told to clean up; State regulators have served First Commercial Bank with a cease-and-desist order.(BUSINESS)
Star Tribune (Minneapolis, MN); 8/4/2009; 804 words; ...hit another Minnesota bank with...targeting First Commercial Bank, a Bloomington lender with...ordered the bank to clean up...bulk deposits banks buy from third...concentration, First Commercial...shut down two Minnesota banks and...

LENDERS GONE WILD; AS LOANS GREW, REGULATORS SHRANK; The Minnesota Commerce Department scaled back its monitoring of lenders even as indicators worsened.(NEWS)(SERIES: LENDERS GONE WILD)
Star Tribune (Minneapolis, MN); 7/28/2009; 2957 words; ...privately held banks. "If a bank wants to...not just in Minnesota but across...of loans banks and credit...said Bloomington bank consultant...health of Minnesota's lenders...discovered that first-hand when...risks of commercial real estate...