Hoosier Banker 27 Congratulations to Emily Brooks and Maria L. Dowers, who were honored with the Indiana Bankers Association High Five Award in December and January, respectively. Brooks is IBA’s digital media manager and Dowers serves as IBA’s executive & government relations coordinator. The High Five Awards support professional development by inviting Association members and staff to submit names of IBA employees who perform outstanding acts of service. Nominations are read at monthly staff meetings, and a drawing determines the winner. To nominate an IBA employee for the High Five Award, call 317-387-9380 or email HB@indiana.bank. HB surement of interest rate risk. It captures the effects of optionality and other important influences on value not contained in static accounting-type reports. The economic valuation method also reflects those sensitivities across the full maturity spectrum of the bank’s assets and liabilities. EVE relies on methodological and calculation assumptions, most notably the discount rate assumptions used to calculate the present value of assets and liabilities. It is relatively easy to calculate the market value of a bond with a fixed rate of interest and a fixed maturity. It is considerably more difficult and far less objective to calculate the economic value of a savings account with no fixed maturity and an administered rate subject to change by bank management. That’s why institution-specific assumptions must be based on the unique characteristics of each bank. A robust bank-specific “open/close” study is preferable for most banks. A cookie cutter approach can give misleading results. Measuring interest rate risk involves tracking dynamic and complex relationships within a bank’s balance sheet. To do it properly, we must have good input, reasonable assumptions and sound methodology. The calculation and monitoring of changes in the economic value of equity is an important part of the process. And in the final analysis, we cannot properly manage the financial risk of our bank without a clear understanding of the big picture. HB BANCMAC provides correspondent lending and is your Community Bank Mortgage Partner to help your financial institution originate fixed-rate secondary market loans including: PROGRAMS • Conventional Loans • USDA Rural Development Loans • Rural Living (Hobby Farm) Loans • VA Loans • Jumbo Loans • FHA Loans OUR CORRESPONDENTS RECEIVE: • Superior Service & Competitive Pricing • No Minimum Volumes • Significant, Non-Interest Fee Income • Non-Solicit Protections & More BANCMAC COMMUNITY BANC MORTGAGE CORP. YOUR COMMUNITY BANK MORTGAGE PARTNER bancmac.com mortgages@bancmac.com 888.821.7729 | NMLS# 571147 A communications toolkit created by the Indiana Bankers Association helps member banks share good-news stories with media outlets. View the toolkit at: indiana.bank/communications-toolkit. HB Toolkit Helps ‘Tell the Story’ of Banking Tell the Story Emily Brooks Maria L. Dowers HI 5 IBA ‘HIGH FIVE’ AWARDS
RkJQdWJsaXNoZXIy MTg3NDExNQ==