BAS Presentations - March 2023

3/1/2023

Learning Objectives

1 – Impact on Other Components

2 – Investment Types and Terminology

3 – Yield Curve

4 – Credit Risk

5 – Interest Rate Risk

5

Community Banks Invest in Bonds

Other ‐ 0% Average Securities Mix (12/31/2022)

Corporates ‐ 2%

U.S. Treasuries/

MBS/CMOs/ ABS ‐ 34%

Municipals ‐ 36%

6

3