Community Bank Investments School

Key Takeaways

• What Bloomberg screens should you be requesting from your broker?
• A comprehensive due diligence checklist for each type of security
• How to decide if you are conducting effective due diligence or if you are being ‘sold’ to by your broker
• What is the ‘right’ duration for your bank’s portfolio?
• How to handle excess liquidity post PPP

Key Discussions

• What is your bank’s balance sheet going to look like in 3-5 years?
• Have PPP loans biased your view of the bank’s loan portfolio toward thinking loan demand is stronger than it actually is?
• In a declining loan environment, your bank will likely become more asset sensitive, that is, more at risk of a falling net interest margin as interest rates fall and remain low.
• Why prepayments will rise with funds reinvested at lower rates.
• If interest rates remain low for 3-5 years as Fed Chair Powell suggests:
  • Would you prefer mortgage-backed securities that prepay fast or slow?
  • Should you buy newer pools or more seasoned pools?
  • How important is a security’s duration?
  • Would you prefer bullet securities or shorter-term securities?
  • Should you modify your investment policy to permit the purchase of municipals with 15-year or 20-year maturities?
  • What are the current hot buttons with municipals?

This is an intermediate to advanced level school that is best suited for CEOs, presidents, CFOs, investment officers, controllers & cashiers and bank regulators. Institutions are encouraged to register their investments teams and may register an unlimited number of attendees for one price.

Named registrants can also count hours of their Community Bank Investments School coursework toward Continuing Professional Education (CPE). GSBC is registered with the NASBA as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards have final authority on the acceptance of individual courses.