29 Hoosier Banker November 2015 Importantly the reports themselves must be readable and useable by management, the board of directors and regulatory officials, if the output is to be useful. This requires reports that are specifically designed for various users. The board of directors must have a set of reports that provides essential information about the bank’s balance sheet risk. Management will need more in-depth reporting on which meaningful decisions can be made in terms of loan or liability pricing, investment management and strategy going forward. The bank should also have the sort of reports requested by examiners, including those regarding assumptions and back tests. All of these reports are essential in order to clarify and communicate the bank’s interest rate risk position to management, directors and regulatory staff. More importantly, they are critical to running a profitable and productive institution. t TODD ANDRITSCH tandritsch@equiasalliance.com 11416 Forest Knoll Circle Fishers, IN 46037 Tel: 317.517.5000 www.equiasalliance.com Equias Alliance helps banks in Indiana, and across the country, meet their financial goals, manage benefit liabilities and enhance shareholder value with a custom designed BOLI program. Todd and the team at Equias Alliance want to be your source for strategic benefit and BOLI solutions. In Indiana, The Checkered Flag for BOLI is Todd Andritsch! The American Bankers Association (through its subsidiary, the Corporation for American Banking) has endorsed services provided by Equias Alliance. Todd Andritsch is a registered representative of and securities are offered through ProEquities, Inc., a Registered Broker/Dealer, and member FINRA and SIPC Equias Alliance LLC is independent of ProEquities, Inc. ©2015 Equias Alliance EA-Ad-03-2015-Indiana-HP-03ab.indd 1 3/6/15 2:00 PM Carolyn G. Vaughn, customer service representative, The First National Bank of Odon, has completed 35 years of service. She has served the bank as a teller and proof operator. Robert A. Michael, first vice president, iAB Financial Bank, Fort Wayne, has completed 40 years of service. He serves as vice chair of the board for the Concordia Educational Foundation and as board treasurer for the Fort Wayne Sports Corp. Michael earned a bachelor’s degree and an MBA from Indiana University and completed the Graduate School of Banking at the University of Wisconsin. He is a member of the Indiana Bankers Association Forty Year Club. Dee Ann Hammel, senior vice president and chief operations officer, First Federal Savings Bank, Huntington, has completed 40 years of service. She joined the bank as a teller before being promoted to various positions, including officer roles in compliance and security. Hammel has served as board member of American Red Cross, committee member for Heritage Days, co-chair of the Chief’s breakfast, and volunteer with United Way of Huntington County and Kiwanis Study Buddy program. She is a member of the Indiana Bankers Association Forty Year Club. t anniversary milestones A salute to bankers with 20+ years of service
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