Pub. 8 2013-2014 Issue 1

www.nebankers.org 26 Extraordinary Service for Extraordinary Members. obligor. Hyperlinks to these documents are embedded within the Credit Profile, allowing the investor to perform further analysis. The Credit Profile also provides bond-level data such as the purpose of issuance, pledged security, and tax status; three years of trend data; macroeconomic indicators such as unemployment and income statistics; and the obligor’s pen- sion funding status. This kind of reporting has received positive feedback both from portfolio managers and examiners, especially in light of the regulations imposed by Dodd-Frank. To comply with these regulatory guidelines, banks are advised to review the relevant metrics, establish appropriate benchmarks before the purchase decision, and perform an annual post-purchase review of each credit in the portfolio. Clearly, credit analysis has become an important issue for bank investment officers. Now that regulatory expectations are clarified, banks will need to ensure they have in place the reporting tools, processes, and resources necessary to properly manage the investment portfolio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odd-Frank — continued Since 1979, The Baker Group has helped clients improve decision-making, manage interest rate risk, and maximize investment portfolio performance. For more information, visit www.GoBaker.com or contact Drew Simmons at The Baker Group at (800) 937-2257 or dsimmons@GoBaker.com.