《银行管理》课件cha

Chapter3Analyzingbankperformance:usingtheUBPR,P93167,Chapter3,Contents,CommercialBankFinancialStatements（P95-109）TheRelationshipbetweenBS&IS（P109-110）TheReturnonEquityModel（P110-117）BankingRiskandReturns:Trade-off（P118-127）MaximizingtheMarketValueofEquity（P127-128）EvaluatingBankPerformance（P128-140）CamelsRatings（P140-141）Performancecharacteristicsofbanks（P141-143）FinancialStatementManipulation（P144-147）,Chapter3,Likeotherfinancialintermediaries,commercialbanksfacilitatetheflowoffundsfromsurplusspendingunits(savers)todeficitspendingunits(borrowers).Threecharacteristicsstandout.,1Financialstatements,P95-,Chapter3,(1)Thebalancesheet,Abanksbalancesheetpresentsfinancialinformationcomparingwhatabankownswithwhatitowesandtheownershipinterestofstockholders.,P96-,Assets=Liabilities+Equity,Chapter3,BankAssets,LoansInvestmentsecuritiesNoninterestcashandduefrombanksOtherassets,P99-,Chapter3,Loans,RealestateloansCommercialloansLoanstoindividualsAgriculturalloansOtherloansindomesticofficesLoansandleasesinforeignoffices,P99-,GrossLSNetLS,Chapter3,Investmentsecurities,Short-termsecuritiesLong-termsecurities,P100-,Chapter3,Noninterestcashandduefrombanks,VaultcashDepositsheldatFederalReserveBanksDepositsheldatotherfinancialinstitutionsCashitemsintheprocessofcollection(CIPC),P101-,Chapter3,Otherassets,CustomersliabilitytothebankunderacceptancesThedepreciatedvalueofbankpremisesandequipmentOREOInvestmentinunconsolidatedsubsidiariesInterestreceivablePrepaidexpenses,P101,Chapter3,Liabilities,DemanddepositsNOWaccountATSaccountMMDAsSavingsdepositsTimedepositsBrokereddepositsDepositsheldinforeignoffices,P102-,SubordinatednotesanddebenturesAcceptanceoutstandingothers,FederalFundspurchasedResaleCommercialpaper,Chapter3,Whatarecoredeposits?,Theyconsistofdemanddeposits,NOWandATSaccounts,MMDAs,savings,othersavingsandtimedepositslessthan$100,000.,P103,stabledepositstheownersarenothighlyratesensitiverelativelycheap.,Chapter3,Whatarenoncoreliabilities?,TheyconsistofjumboCDs,depositsinforeignoffices,federalfundspurchased,RPs,andotherborrowingswithmaturitiesoflessthanoneyear.,highlyrate-sensitiveissuedindenominationsabovetheamountthatisfederallyinsured.,P103,Chapter3,Stockholdersequity,CommoncapitalPreferredcapital,P103,Chapter3,(2)Theincomestatement,Abanksincomestatementreflectsthefinancialnatureofbanking,asinterestonloansandinvestmentscomprisesthebulkofrevenue.,P104-,Chapter3,Netinterestincome=interestincomeinterestexpense,Burden=noninterestexpensenoninterestincome,Netincome=netinterestincomeburdenprovisionsforloanlosses+securitiesgainstaxes,P105,Chapter3,InterestincomeInterestexpenseNoninterestincomeNoninterestexpenseProvisionsforL&LlossesRealizedsecuritiesgainsNetincome,P105,Chapter3,Content,CommercialBankFinancialStatements（P95-109）TheRelationshipbetweenBS&IS（P109-110）TheReturnonEquityModel（P110-117）BankingRiskandReturns:Trade-off（P118-127）MaximizingtheMarketValueofEquity（P127-128）EvaluatingBankPerformance（P128-140）CamelsRatings（P140-141）Performancecharacteristicsofbanks（P141-143）FinancialStatementManipulation（P144-147）,Chapter3,2TheRelationshipbetweenBS&IS,P109-,Ai=Lj+NW,NII=yiAicjLj,NI=yiAicjLjBPLL+SGT,Chapter3,Content,CommercialBankFinancialStatements（P95-109）TheRelationshipbetweenBS&IS（P109-110）TheReturnonEquityModel（P110-117）BankingRiskandReturns:Trade-off（P118-127）MaximizingtheMarketValueofEquity（P127-128）EvaluatingBankPerformance（P128-140）CamelsRatings（P140-141）Performancecharacteristicsofbanks（P141-143）FinancialStatementManipulation（P144-147）,Chapter3,3TheReturnonEquityModel,In1972,DavidColeintroducedaprocedureforevaluatingbankperformanceviaratioanalysis.,P110-111,Exhibit3.5,Chapter3,TheUniformBankPerformanceReport,TheUniformBankPerformanceReportisacomprehensiveanalyticaltoolcreatedbytheFDICfromtheFFIECquarterlyCallReportsforbanksupervisorypurposes.ThedatacontainsintheUBPRconsistofthreetypes:BANK,PEERandPCT.,P111-112,Chapter3,Profitabilityanalysis,P112-113,ROE=NetIncome/Averagetotalequity,Chapter3,Expenseratioandassetutilization,P113-114,Chapter3,P114-117,ROA=AUERTAX,Chapter3,ROEmodel,ROE,Chapter3,Otheraggregateprofitabilitymeasures,NIM=Netinterestincome/Averageearningassets,Chapter3,Contents,CommercialBankFinancialStatements（P95-109）TheRelationshipbetweenBS&IS（P109-110）TheReturnonEquityModel（P110-117）BankingRiskandReturns:Trade-off（P118-127）MaximizingtheMarketValueofEquity（P127-128）EvaluatingBankPerformance（P128-140）CamelsRatings（P140-141）Performancecharacteristicsofbanks（P141-143）FinancialStatementManipulation（P144-147）,Chapter3,4Bankingrisksandreturns,P118,Riskmanagementistheprocessbywhichmanagersidentify,assess,monitor,andcontrolrisksassociatedwithafinancialinstitutionsactivities.,Chapter3,Typesofrisks,CreditRiskLiquidityRiskMarketRiskOperationalRiskReputationRiskLegalRisk,P118,Chapter3,Creditrisk,Creditriskisassociatedwiththequalityofindividualassetsandthelikelihoodofdefault.Grossloanlosses(charge-offs),Recoveries,Netlosses(netcharge-offs),Past-dueloans,Nonperformingloans,Nonaccrualloans,Totalnoncurrentloans,Restructuredloans,Classifiedloans,P119,Chapter3,LiquidityRisk,Liquidityriskisthecurrentandpotentialrisktoearningsandthemarketvalueofstockholdersequitythatresultsfromabanksinabilitytomeetpaymentorclearingobligationsinatimelyandcost-effectivemanner.Fundingliquidityrisk,Marketliquidityrisk,Liquidity,P122,Chapter3,MarketRisk,MarketRiskisthecurrentandpotentialrisktoearningsandstockholdersequityresultingfromadversemovementsinmarketratesorprices.Thethreeareasofmarketriskare:interestrateorreinvestmentraterisk,equityorsecuritypricerisk,andforeignexchangerisk.,P124,Chapter3,OperationalRisk,OperationalRiskreferstothepossibilitythatoperatingexpensesmightvarysignificantlyfromwhatisexpected,producingadeclineinnetincomeandfirmvalue.TheBaselCommitteedefinesoperationalriskas“theriskoflossresultingfrominadequateorfailedinternalprocesses,people,andsystems,orfromexternalevents.,P125,Chapter3,LegalandReputationRisk,Legalriskistheriskthatunenforceablecontracts,lawsuits,oradversejudgmentscoulddisruptornegativelyeffecttheoperations,profitability,condition,orsolvencyoftheinstitution.Reputationriskistheriskthatnegativepublicity,eithertrueoruntrue,adverselyaffectsabankscustomerbaseorbringsforthcostlylitigation,hencenegativelyaffectin