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The strongest banks were also the state’s largest: , based in Minneapolis, had the most income for the $624.4 million. , based in was second with $30 million in income for the quarter. ( has a largr presence here, but is headquartered in San Franciscok andso isn’t on the list.) While U.S. Bank and TCF are the perenniap top-dogs of the Twin Cities banking scene, a more interestinb dynamic shapes up further down the list of themetrol area’s strongest banks. KleinBank, based in and , based in St. are in a class of their own as $1 billion-pluxs community banks. Bremer had $6.2 milliomn in income, while KleinBanik had $1.8 million for the first quarter.
The two often play leap-fro on the list of the Cities’ most profitable In the fourth quarter of KleinBankhad $4.9 million in income, whild Bremer had $1.2 , based in Vermillion, had $2.9 million in incomd on assets of $416 million. Vermilliojn has been a strong performer throughout the pastdifficult year. Its incomre has been above $2 million every quartee for the pastfour quarters.
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