TY 2017 Form 990 Schedule O

efile Public Visual Render ObjectId: 201813189349313176 - Submission: 2018-11-14 TIN: 93-6032250

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2017

Open to Public
Inspection

Name of the organization

WESTERN INDEPENDENT BANKERS

Employer identification number

93-6032250

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	THE REGULAR MEMBERS AND BANK HOLDING COMPANY MEMBERS HAVE VOTING RIGHTS. THE NOMINATION/GOVERNANCE COMMITTEE IS APPOINTED BY THE BOARD OF DIRECTORS AND EACH MEMBER OF SUCH COMMITTEE SHALL BE AN EXECUTIVE OFFICER OR DIRECTOR OF A REGULAR MEMBER OR BANK HOLDING COMPANY MEMBER. THE NOMINATING/GOVERNANCE COMMITTEE PRESENTS ITS NOMINATIONS TO THE FULL BOARD FOR APPROVAL AND APPOINTMENT.
FORM 990, PART VI, SECTION A, LINE 7A	REGULAR MEMBERS INCLUDE ANY INDEPENDENT COMMUNITY-ORIENTED FDIC-INSURED BANK, THRIFT AND LOAN, SAVINGS AND LOAN, INDUSTRIAL LOAN COMPANY OR ENTITY WITH ASSETS LESS THAN $10 BILLION, HEADQUARTERED OR WITH OPERATIONS IN THE WEST AND SUPPORTS THE PURPOSE OF THE ASSOCIATION. BANK HOLDING COMPANY MEMBERS ARE ANY HOLDING COMPANY, WHICH SUPPORTS THE PURPOSE OF THE ASSOCIATION THAT IS HEADQUARTERED OR HAS OPERATIONS IN THE WEST IS ELIGIBLE FOR MEMBERSHIP, PROVIDED THAT EACH INSTITUTION WITHIN THE HOLDING STRUCTURE LOCATED IN THE WEST, IS ELIGIBLE TO BECOME A REGULAR MEMBER OF THE ASSOCIATION. THE REGULAR MEMBERS AND BANK HOLDING COMPANY MEMBERS HAVE VOTING RIGHTS. THE NOMINATION/GOVERNANCE COMMITTEE IS APPOINTED BY THE BOARD OF DIRECTORS AND EACH MEMBER OF SUCH COMMITTEE SHALL BE AN EXECUTIVE OFFICER OR DIRECTOR OF A REGULAR MEMBER OR BANK HOLDING COMPANY MEMBER. THE NOMINATING/GOVERNANCE COMMITTEE PRESENTS ITS NOMINATIONS TO THE FULL BOARD FOR APPROVAL AND APPOINTMENT.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED BY THE PRESIDENT PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 15A	THE SALARY REVIEW OF THE CEO IS DONE BY THE EXECUTIVE COMMITTEE. THEY REVIEW ANNUAL ASSOCIATION INDUSTRY SURVEYS, CONDUCT HIS REVIEW AND DECIDE UPON HIS SALARY FOR THE FOLLOWING YEAR. THIS IS DONE DURING THE BOARD MEETING HELD IN NOVEMBER OF EACH YEAR.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	OPERATING INCOME FROM SUBSIDIARY -65,541.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 6

THE REGULAR MEMBERS AND BANK HOLDING COMPANY MEMBERS HAVE VOTING RIGHTS. THE NOMINATION/GOVERNANCE COMMITTEE IS APPOINTED BY THE BOARD OF DIRECTORS AND EACH MEMBER OF SUCH COMMITTEE SHALL BE AN EXECUTIVE OFFICER OR DIRECTOR OF A REGULAR MEMBER OR BANK HOLDING COMPANY MEMBER. THE NOMINATING/GOVERNANCE COMMITTEE PRESENTS ITS NOMINATIONS TO THE FULL BOARD FOR APPROVAL AND APPOINTMENT.

FORM 990, PART VI, SECTION A, LINE 7A

REGULAR MEMBERS INCLUDE ANY INDEPENDENT COMMUNITY-ORIENTED FDIC-INSURED BANK, THRIFT AND LOAN, SAVINGS AND LOAN, INDUSTRIAL LOAN COMPANY OR ENTITY WITH ASSETS LESS THAN $10 BILLION, HEADQUARTERED OR WITH OPERATIONS IN THE WEST AND SUPPORTS THE PURPOSE OF THE ASSOCIATION. BANK HOLDING COMPANY MEMBERS ARE ANY HOLDING COMPANY, WHICH SUPPORTS THE PURPOSE OF THE ASSOCIATION THAT IS HEADQUARTERED OR HAS OPERATIONS IN THE WEST IS ELIGIBLE FOR MEMBERSHIP, PROVIDED THAT EACH INSTITUTION WITHIN THE HOLDING STRUCTURE LOCATED IN THE WEST, IS ELIGIBLE TO BECOME A REGULAR MEMBER OF THE ASSOCIATION. THE REGULAR MEMBERS AND BANK HOLDING COMPANY MEMBERS HAVE VOTING RIGHTS. THE NOMINATION/GOVERNANCE COMMITTEE IS APPOINTED BY THE BOARD OF DIRECTORS AND EACH MEMBER OF SUCH COMMITTEE SHALL BE AN EXECUTIVE OFFICER OR DIRECTOR OF A REGULAR MEMBER OR BANK HOLDING COMPANY MEMBER. THE NOMINATING/GOVERNANCE COMMITTEE PRESENTS ITS NOMINATIONS TO THE FULL BOARD FOR APPROVAL AND APPOINTMENT.

FORM 990, PART VI, SECTION B, LINE 11B

THE FORM 990 IS REVIEWED BY THE PRESIDENT PRIOR TO FILING WITH THE IRS.

FORM 990, PART VI, SECTION B, LINE 15A

THE SALARY REVIEW OF THE CEO IS DONE BY THE EXECUTIVE COMMITTEE. THEY REVIEW ANNUAL ASSOCIATION INDUSTRY SURVEYS, CONDUCT HIS REVIEW AND DECIDE UPON HIS SALARY FOR THE FOLLOWING YEAR. THIS IS DONE DURING THE BOARD MEETING HELD IN NOVEMBER OF EACH YEAR.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990, PART XI, LINE 9:

OPERATING INCOME FROM SUBSIDIARY -65,541.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2017

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