Bank Analysis School September 2023 - Presentations & Resources

Internal Use Only

Conflicts of Interest Is there a policy? Loans to insiders Purchases or sales of assets to or from insiders Dealing with vendors Transactions with related interests of officers or directors

Internal Use Only

“One-Man Bank”

• Principal officer and stockholder dominates virtually every aspect of policies and operations • Primary dangers • Incapacitation • Mismanagement • Mitigations • Strong board/outside directors that are independent • Segregation of duties

• Audit program and committee oversight • Written code of conduct & COI policy