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Foreword | |
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Preface | |
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New Approaches to Fundamental Analysis | |
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Introduction to Bank Risk Management | |
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The PRISM Credit Model: Lending Practices | |
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PRISM Credit Model | |
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The Basel Committee Consultative Paper and the PRISM Model | |
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Loan Structure Structuring Loan Agreements | |
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Abstract of the Basel Committee's Principles for the Management of Credit Risk | |
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Accounting Standards, Flags, and Distortions | |
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Accounting STandards: A Lender's Guide | |
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Footnotes: An Astute Lender Can Be No Less an Astute Auditor | |
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Basic Elements of Flags, Gimmicks, and Problems: A Few Words Can Be Worth a Thousand Pictures | |
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Dubious Accounting: Enron Corporation 2001 | |
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Chapter Summary: The Tie between Bankers and Auditors | |
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A Review of Elemental Financial Statements | |
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Multivariate Ratio Analysis: A Banker's Guide | |
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Introduction and Overview | |
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Liquidity Ratios | |
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Activity or Turnover Ratios | |
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Profitability Ratios | |
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Leverage Ratios | |
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Growth Ratios | |
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Valuation Ratios | |
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Statistical Analysis of Ratios | |
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Sources of Comparative Ratios | |
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Credit Analysis of Seasonal Businesses: An Integrated Approach | |
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Examples of Seasonal Businesses | |
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The Successful Seasonal Cycle | |
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Seasonal Lending Techniques | |
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Preparing a Cash Budget | |
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Example: Break-Even Shipments | |
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Defensive Measures | |
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Asset-Based Lending | |
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Market Segments | |
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Security Interest | |
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Federal Reserve Audit Guidelines: Collateral | |
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Loans Secured with Accounts Receivables | |
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The Audit: Scope and Details | |
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Loans Secured by Inventories | |
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Loans Secured By Marketable Securities | |
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Case Study: Collateralized Loans Gone Wrong: Home Federal Savings & Loan Association of San Diego, California: 1994 | |
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Home Federal Savings & Loan Analysis | |
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Accounts Receivable Financing Examination Procedures Commercial: Bank Examination Manual, March 1994 | |
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Cash Flow Analysis: A Banker's Guide | |
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Cash Versus Accrual-Based Income | |
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Introduction to Analysis: SFAS 95 and IAS 7 | |
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Cash Flow Workshop | |
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Final Points about Cash Flow Analysis | |
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Analysis: Essar Steel Limited, Mumbai, India | |
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Cash Flow Reconstruction | |
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Projections and Risk Assessment | |
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Forecasting Factors | |
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Statistical Forecasting | |
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Sensitivity Financial Forecasting | |
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A Simulations Approach to Financial Forecasting | |
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Stochastic Optimization | |
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Use of Forward-Looking Tools in the Approval Process | |
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Glossary of Forecasting Terms | |
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Distribution Terms and Glossary | |
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A Banker's Primer on Real Options Johnathan Mun, Ph.D. | |
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Risk Management and Sustainable Growth | |
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The Industry Life Cycle | |
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The Sustainable Growth Model | |
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Solving Sustainable Growth Problems | |
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A New Strategy: The Solution | |
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Curve Fitting | |
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Financial Distress: Recognition and Diagnosis of Troubled Loans | |
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Financial Distress Models | |
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From Recognition and Diagnosis to Criticized Loans and Classification Status | |
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From Classification Status to Workout | |
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From Workout to the Courts | |
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Developing a DIP Analysis: The Due Diligence Process of a Leading Commercial Finance Institution | |
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U.S. Lender Liability Litigation Through 1992 | |
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Credit Administration | |
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Establishing a Risk Management Area | |
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Loan Policy | |
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Credit Policies and Procedures: Formal and Written | |
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FRB Loan Examination: Internal Loan Review | |
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Identifying, Classifying, and Communicating Main Causes of Loan Problems | |
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The Role and Responsibilities of Loan Officers | |
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Credit Reviews and the Quality of Financial Analysis | |
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Uniform Financial Institution's Rating System Commonly Refered to as the Camels Rating System | |
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Formal Credit Policies | |
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Capital Adequacy | |
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A Historical Perspective: Traditional Asset Categories | |
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Value Defined by Accounting, Economic, and Regulatory Factors | |
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Breakdown of Tier Capital Components | |
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The Second Pillar: Supervisory Review of Capital Adequacy | |
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The Third Pillar: Market Discipline | |
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Capital Ratios | |
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An Example of a Bank's Capital Structure | |
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Portfolio Maintenance: An Overview | |
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The Case For Loan Portfolio Management | |
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Monitoring Systematic Risk in the Portfolio: Macroeconomic and Industry Exposures | |
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Hedging Down Risky Exposures | |
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Credit Derivatives | |
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An Introduction to the Statistics of Portfolio Management | |
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Optimizing A Bank Portfolio Using Excel's Solver | |
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Portfolio Management of Default Risk | |
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The Model of Default Risk | |
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Asset Market Value and Volatility | |
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Measurement of Portfolio Diversification | |
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Model of Default Correlation | |
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Model of Value Correlation | |
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The Likelihood of Large Losses | |
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Valuation | |
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Economic Capital and Fund Management | |
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Risk Contribution and Optimal Diversification | |
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Risk Contribution and Economic Capital | |
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Commitments, Covenants, and Exposure | |
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Subportfolio and Portfolio | |
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Relationship and Customer Profitability | |
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EDF Credit Measure | |
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Measuring Default Probability: The Problem | |
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Measuring Default Probability: A Practical Approach | |
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A Closer Look at Calculating EDF Credit Measures | |
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Calculating Long-Term EDF Credit Measures | |
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Some Frequently Asked Questions about KMV's EDF Credit Measures | |
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Testing the Default Measure's Performance | |
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Credit Derivatives: New Instruments to Trade Credit Risk | |
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Credit Events | |
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Materiality Requirement | |
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Market Growth | |
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ISDA Documentation | |
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Pricing Credit Derivatives and the Referenced Credit | |
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Credit Derivatives: Basic Structures | |
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Short Examples of Credit Derivatives Utilization | |
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An Overview of Risk-Adjusted Return on Capital (RAROC) and CreditMetrics | |
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Risk-Adjusted Return on Capital (RAROC) | |
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CreditMetrics | |
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Global Exposure Tracking Systems: Application and Design | |
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Customer Responsibility (Coordination) Units | |
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Family Responsibility (Coordination) Unit | |
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GES and Loan Concentrations | |
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Exposure Information Systems: Design | |
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Data Architecture | |
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Pricing Models: Design and Application | |
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Pricing Errors | |
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Default Rates and Loan Pricing | |
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Loan Pricing Models | |
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Stochastic Net Borrowed Funds Pricing Model | |
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Loan Pricing and the Option Pricing Model | |
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Case Study: Morton and Maryann Magazine Corp. | |
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Risk Rating Models: Design and Application | |
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Risk Rating Tutorial: ROBFEL _New4.xls | |
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Obligor Grades | |
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Facility Grades | |
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Index | |