2012-11-15T07:29:10-06:00 2011-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVENUE SUITE 500 BETHESDA MD 20814 990 2011-01-01 522385104 BANK INSURANCE & SECURITIES ASSOCIATION BANK 2023671161 2025 M STREET NO 800 WASHINGTON DC 20036 JAMES M MCNEIL 2023671161 2012-11-19 1 DANIEL L WEAVER P01249346 3019860600 2011 2016-02-24 21:20:13Z JAMES M MCNEIL 2025 M STREET NO 800 WASHINGTON DC 20036 2709419 0 X WWW.BISANET.ORG X 2002 CA SUPPORT MEMBER FIRMS AND FINANCIAL PROFESSIONALS WITHIN DEPOSITORY INSTITUTIONS BY BUILDING A COMMUNITY AND PROVIDING FORUMS. 20 20 0 31 496082 0 0 0 2115978 2195063 1283 5787 0 7202 2117261 2208052 0 0 0 0 0 0 0 0 0 2673643 2288933 2673643 2288933 -556382 -80881 1864615 1481107 731955 429236 1132660 1051871 X BISA'S MISSION IS TO SUPPORT MEMBER FIRMS AND FINANCIAL PROFESSIONALS WITHIN DEPOSITORY INSTITUTIONS BY BUILDING A COMMUNITY AND PROVIDING FORUMS TO ENHANCE THEIR PROFESSIONALISM, KNOWLEDGE, AND PRODUCTIVITY TO HELP THEM BEST SERVE THEIR CLIENTS WITH A BROAD ARRAY OF FINANCIAL SOLUTIONS. 0 0 PROVIDED EDUCATIONAL SEMINARS TO MEMBERS PROVIDED RESEARCH AND STATISTICS NEWSLETTERS, DIRECTORIES, WEBSITES & OTHER PUBLICATIONS TO MEMBERS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 0 1 1 0 0 0 0 0 X 20 20 0 1 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 DC CA X SMITHBUCKLIN CORPORATION 2023671125 2025 M STREET SUITE 800 NW WASHINGTON DC 200363309 X MARC A VOSEN 5.00 X X 0 0 0 JOHN D VAUGHAN 5.00 X X 0 0 0 SAM GUERRIERI JR 5.00 X X 0 0 0 DAN OVERBEY 5.00 X X 0 0 0 THOMAS N HOWE 5.00 X X 0 0 0 KEITH PIPES 5.00 X X 0 0 0 PETER BIELAN 5.00 X 0 0 0 BRETT C BOWERS 5.00 X 0 0 0 FRANK A CONSALO 5.00 X 0 0 0 KELLY CORAH 5.00 X 0 0 0 ANNE T DUNNE 5.00 X 0 0 0 DAWN DUPRE 5.00 X 0 0 0 JAMES R EADS 5.00 X 0 0 0 MARCIA D GODSEY 5.00 X 0 0 0 NORMA HAJDUK 5.00 X 0 0 0 HOWARD HAMMOND 5.00 X 0 0 0 TOM KLEPS 5.00 X 0 0 0 DANIEL J MCCORMACK 5.00 X 0 0 0 JAMES B NONNENGARD 5.00 X 0 0 0 VANCE RICHARD SR 5.00 X 0 0 0 JAMES M MCNEIL 40.00 X 0 0 0 0 0 0 0 0 0 0 SMITHBUCKLIN CORPORATION 2025 M STREET NW WASHINGTON DC 20036 MANAGEMENT FEES 811811 MORGAN LEWIS AND BOCKIUS 1701 MARKET STREET PHILADELPHIA PA 19103 ATTORNEY 137500 2 MEMBERSHIP DUES AND AS 900099 1156421 1156421 CONFERENCE REVENUE 900099 534127 534127 BISA MAGAZINE REVENUE 541800 504515 8433 496082 2195063 6210 6210 500944 501367 -423 -423 -423 MISCELLANEOUS 900099 7202 7202 7202 2208052 1698981 496082 12989 432243 152120 52346 50476 20634 795187 7608 BISA MAGAZINE 489465 GOVERNANCE 107763 GOVERNMENT RELATIONS 60000 RESEARCH AND STATISTICS 54252 66839 2288933 124059 349265 1606727 1012646 94580 64100 39249 55096 1864615 1481107 377475 169969 354480 259267 731955 429236 X 1132660 1051871 1132660 1051871 1864615 1481107 X -80881 92 X X 0 1 1 X 0 0 2208052 2288933 -80881 92 92 -80789 2208144 92 92 2208052 0 2208052 2288933 0 2288933 0 2288933 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2010 AND 2011. THE ASSOCIATION'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING FISCAL YEARS 2010 AND 2011. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION HAS CONTRACTED WITH SMITHBUCKLIN TO PERFORM ALL MANAGEMENT FUNCTIONS. FORM 990, PART VI, SECTION A, LINE 6 BANKS, SAVINGS BANKS, SAVINGS AND LOAN ASSOCIATIONS, CREDIT UNIONS, AND OTHER FINANCIAL SERVICES COMPANIES SO DESIGNATED BY THE BOARD, INCLUDING BROKER-DEALER, INSURANCE AGENCY, MUTUAL FUND, INVESTMENT MANAGEMENT, AND FINANCIAL OR ESTATE PLANNING SUBSIDIARIES AND AFFILIATES OF SUCH ENTITIES, SHALL BE CONSIDERED REGULAR MEMBERS. ALL ORGANIZATIONS INTERESTED IN SUPPORTING THE MARKETING, DEVELOPMENT OR MANUFACTURE OF SECURITIES, INSURANCE AND INVESTMENT PRODUCTS AND SERVICES FOR THE FINANCIAL INSTITUTION DISTRIBUTION CHANNEL SHALL BE CONSIDERED ASSOCIATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT OF SMITHBUCKLIN REVIEWS THE FORM 990 AND PROVIDES A COPY TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD OF DIRECTORS SIGN A DOCUMENT ANNUALLY WHICH WOULD DISCLOSE ANY CONFLICT OF INTERESTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE AT OFFICE CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 92. 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE OVERSIGHT PROCESS OR SELECTION PROCESS COMPARED TO PRIOR YEAR.