Hoosier Banker 35 from protecting value to protecting income. Don’t forget, yield is an opinion but cash flow’s a fact. Lock in yield by anchoring the cash flow with stable paying or bullet-like bonds. 4. Everything happens with a time lag. The impact of monetary policy, deposit pricing or investment decisions made today will become manifest in bank performance at some point in the future. The cyclical ebbs and flows of liquidity are reflections of previous monetary policy and economic decisions, not the most recent move by the Fed. The trick for bank managers is to anticipate where we are in the cycle and make balance sheet adjustments accordingly, always with an eye toward the future. HB BANKING ON COMMUNITY Horizon Bank, Michigan City, donated $10,000 in October to the Boys & Girls Clubs of Greater Northwest Indiana. The donation was given in the name of Rob Gardiner, former adviser and Lake County market president at Horizon, who passed away in February 2019. Gardiner also served on the boards of the Boys & Girls Clubs of Greater Northwest Indiana and the Legacy Foundation. Jackson County Bank, Seymour, donated $10,000 in November to the Heritage Fund “Love Where You Live Campaign.” The campaign seeks to grow assets of its community fund and increase its grant-making capacity. Funds are invested, and annual returns allow Heritage Fund to address community needs as needed. First Bank Richmond has pledged $25,000 to the 2019 corporate challenge of Boys & Girls Clubs of Wayne County. The bank is a community partner of the organization. In recent months, First Bank Richmond also has donated: $5,000 to Wayne County Historical Museum for the purchase of a car carrier, plus an annual donation of $5,000 in November; $5,000 to Communities in Schools of Wayne County; $2,500 to an Oktoberfest sponsorship; $1,500 to sponsor the Starr-Gennett Foundation Walk of Fame; $1,000 to the Ivy Tech Foundation Get Your Green On Gala; and $1,000 to sponsor Joy Games facilitated by LifeStream Services. Additionally, the bank supports efforts facilitated by LifeStream to provide an environment that accommodates those living with and caring for those with dementia. United Fidelity Bank, Evansville, provided a $10,000 sponsorship in November for its second annual River City High School Basketball Showcase. The event, which took place over two days Thanksgiving weekend at the University of Southern Indiana, featured 10 marquee local high school basketball matchups. Other recent community outreach includes a $2,500 sponsorship of the 98th Annual West Side Nut Club Fall Festival parade and Family Fun Day, and $5,000 to a fundraiser for the Actors Theatre of Indiana. Chase Bank, New York, has announced the donation of a former bank branch at 3000 E. New York St., Indianapolis, to Englewood Community Development Corp. This property is available to local business to create Vault, a community co-working space in Englewood Village, a Great Places 2020 neighborhood. Additionally, the bank is making a $500,000 commitment to Local Initiative Support Corp. and Indiana University-Purdue University Indianapolis to support diverse entrepreneurs and drive business growth in Indianapolis. HB Gathering for the Horizon Bank donation to the Boys & Girls Clubs in memory of Rob Gardiner are (from left): Mitch McCarthy and Elizabeth Gardiner-McCarthy, Gardiner family members; Carolyn Saxton, Legacy Foundation; Ryan Smiley, president and CEO, Boys & Girls Clubs of Greater Northwest Indiana; Leslie Gardiner, widow of Rob Gardiner; Craig Dwight, Horizon chairman and CEO; Kate Gardiner-Gillan and Dru Gardiner, Gardiner family members; Steve Dahlkamp, Horizon Bank; and Allison Martin, Boys & Girls Clubs. Jackson County Bank donated $10,000 on Nov. 5 to Heritage Fund’s Love Where You Live Campaign. First Bank Richmond employee Melissa Matney (to the right of the check) and board members of Boys & Girls Clubs of Wayne County present a donation to B&G Club Executive Director Bruce Daggy and team. Donald R. Neel (right), president and CEO of United Fidelity Bank, presents a trophy to the Slam Dunk contest winner at the River City High School Basketball Showcase.
RkJQdWJsaXNoZXIy MTg3NDExNQ==