Elliott Davis Community Banking Advisor Newsletter Winter 2011

We are pleased to present the Winter 2011 issue of the Community Banking Advisor as a way to help you address a wide range of banking and business issues. The articles cover several topics that we believe will be of interest to you including the following:

• FASB’s proposed changes in accounting for financial instruments, calling for most financial instruments to be measured at value
• Why banks that don’t sell loans to the secondary market should consider following FannieMae’s guidelines to help their loans
• How to watch out for inflated receivables reported by small businesses
• News items regarding a Federal Reserve Board interim final rule on appraiser independence and the Small Business Lending Fund as a new source of capital

Our firm excels at providing accounting, financial, management and compliance services for community banks. We would welcome your questions or comments about the topics discussed or others related to successful bank management. Please contact us and let us know how we may be of assistance.