TIB Ticker - WAY FORWARD Workshops!

February 20, 2013Daily Rates & Viewpoints From the Officers & Staff of TIB.

WAY FORWARD Workshops!

Please join TIB for our“WAY FORWARD” Workshops!

Today's unpredictable market presents Community Bankers with sharp twists and turns that often keep us from ever reaching full speed. Join TIB for a valuable workshop aimed at helping you straighten those curves by exploring the latest solutions, strategies and insights available to your institution.

You won’t want to miss our TIB “Way Forward” Workshops. Whether you are a new or long-time customer, or you would simply like to explore what TIB has been delivering to community banks for over 30 years, come join us!

This will be an ideal opportunity for your bank to visit directly with TIB personnel from all areas of the bank.

…Complimentary Workshop…

Who Should Attend: CEOs, CFOs, COOs, Cashiers

7:30 – 8:30am Registration and Continental Breakfast

Morning Topics:

Operational Services, International Remittance Rule, Mobile Payments and other Industry Updates, Safekeeping, Bond Accounting

11:30am- 1:00pm Lunch

Afternoon Topics:

Market and Economic Update, ALM Review and Stress Testing

Adjourn 3:30pm

Attire: Business casual

Tuesday, March 5^th

Devon Energy Center

333 W. Sheridan Ave, 50^th Floor

Oklahoma City, OK

Tuesday, March 19^th

Marriott Pyramid North

5151 San Francisco Road NE

Albuquerque, NM

Wednesday, April 3^rd

Tennessee Bankers Association HQ

Bradley L. Barrett Training Center

211 Athens Ways, Suite 100

Nashville, TN

Please watch for additional Spring workshop locations…

We look forward to seeing you there!

For hotel or more information please call (972) 650-6510,

or click on the link below to register now.

http://www.mybankersbank.com/events/seminar

Cheryl Westermann
SVP
cwestermann@mybankersbank.com

Market Levels @ 7:01 AM CST

TIB Fed Funds & MMDA Rates - Previous Day
Agent	0.20%	Prin	0.05%	MMDA	0.30%
Agent	0.20%	STAR Prin	0.10%	STAR MMDA	0.35%

Key Indices/Commodities
1 - Month LIBOR	0.20%	Dow Jones	14035.67
3 - Month LIBOR	0.28%	NASDAQ 100	3213.59
1-Yr LIBOR	0.75%	S&P 500	1526.90
1-Yr CMT	0.17%	Spot Gold	1592.10
Prime	3.25%	Spot Silver	29.17
3-yr LIBOR Swap/Offer	0.56%	Spot Crude Oil	96.76
5-yr LIBOR Swap/Offer	1.04%	CRB Index	298.38
3 Mo - Fed Fund Futures	0.14%	6 Mo - Fed Fund Futures	0.14%

US Treasury Yields		US Non-Callable Agency Yields
Yield	Maturity	Yield	Spread
0.01%	90 - Days
0.11%	180 - Days
0.22%	2 - Year	0.31%	9bp
0.38%	3 - Year	0.47%	9bp
0.85%	5 - Year	0.98%	13bp
2.00%	10 - Year	2.19%	19bp
3.19%	30 - Year
178 BPs		Yield Curve(2's-10's)

Sample 1x Callable Agency Issues
Description	Call Date	YTC	YTM
FNMA 1.25 9/13/18	3/14	1.25%	1.25%

Select MBS Levels
Description	Coupon	Yield	Spread/Duration*
15-Yr FNMA	3.00%	2.45%	107 / 5.92
30-Yr GNMA	3.50%	2.14%	92 / 5.50
*Duration @ 12 month Historical CPR

Morning Commentary:	David Terrell
Ten year Treasury yields are near the top of their most recent range of 1.94%-2.05%, while equities continue to climb toward all time highs. The Dow is just 109 points off the mark set in October of 2009 just before the financial crisis kicked off. Housing starts in January declined 8.5%, but permits increased 1.8%. Inflation numbers were pretty tame with PPI climbing 0.2% after declining 0.3% in December. In an interesting turn of events overseas, Spain has ruled that its semi-autonomous regions cannot issue debt exceeding 100 bps more than federal debt. The problem is that excludes almost all of the regions who will be forced to seek aid from a relief fund. The largest region is Catalonia, which trades around +300 to federal debt.

Morning Commentary:

David Terrell

Ten year Treasury yields are near the top of their most recent range of 1.94%-2.05%, while equities continue to climb toward all time highs. The Dow is just 109 points off the mark set in October of 2009 just before the financial crisis kicked off. Housing starts in January declined 8.5%, but permits increased 1.8%. Inflation numbers were pretty tame with PPI climbing 0.2% after declining 0.3% in December. In an interesting turn of events overseas, Spain has ruled that its semi-autonomous regions cannot issue debt exceeding 100 bps more than federal debt. The problem is that excludes almost all of the regions who will be forced to seek aid from a relief fund. The largest region is Catalonia, which trades around +300 to federal debt.

Information contained herein is based on sources we believe to be reliable but its accuracy is not guaranteed. Customers should rely on their own outside counsel or accounting firm for specific circumstances. The securities, yields or levels discussed herein are for illustration purposes and are not guaranteed, not obligations of any bank, thrift or other entity and are not insured by the FDIC.

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