Forum Post
September Notes:
This month Dynasty Banking has achieved its highest profit per month with 5B in profit, and a growth of over 60%. The increasing automation of the bank has been successful and we feel has improved the overall experience for Dynasty Banking users. A few small kinks in the CD system have been discovered and the sources of the bugs are being actively identified and corrected.
Financial:
The Limited Accounts doubled from 10.4 billion to 22.0 billion in assets this month. Four Month CDÕs have been very popular and increased from 12.8 billion to 20.8 billion in assets. Two Month CDÕs and Standard Accounts increased slightly, while Three Month CDÕs decreased as a result of the majority reaching maturity. Total NAV for Dynasty increased 18.8 billion to 51.8 billion, a growth of 60% in September.
Salpad Hired as PR Manager:
Dynasty Bank would like to announce the hiring of Salpad as the new PR Manager. He has presented many good ideas to and quickly came to our attention. One of his ideas is to give back to the EVE community, and we will let him give the announcement when the system is established.
Dynasty Banking Forums:
Dynasty Banking has create a new forum (http://forum.dyco-eve.com) so that players may interact with Dynasty BankingÕs employees in a more personal and simple manner. We invite everyone to join the forum to ask questions and make comments about anything with Dynasty Banking or banking in general. We welcome any posts about new ideas or services you would like to see from Dynasty Banking. The forum may also be accessed from our main page (http://bank.dyco-eve.com).
Special Thanks:
I would like to give a special thanks to Lexander for the advice he has given Dynasty Banking. He has been a huge help in developing the new report format and helping us out with some questions of communication with the greater EVE Community.
Additional Notes:
We would like to thank everyone who has deposited with us so far and especially to those that gave us ideas in our earlier thread. We are very pleased by the results from this month and invite players to join Dynasty Banking and discover the financial opportunities we offer.
All in all, this has been an excellent month for Dynasty Banking, with a large increase in payouts and deposits, as our detailed financial notes below will show.
Detailed Notes:
Net Asset Value Prior to September: 33,032,397,314.84
Total Deposits Prior to September: 28,244,107,245.63
Standard Account Total Prior to September: 1,519,745,815.66
Standard Account Deposits: 20,482,339,838.69
Standard Account Withdrawals: 19,697,921,879.08
Standard Account Interest: 89,496,982.04
Standard Account Total Change: 322,229,014.30
Standard Account Total: 1,841,974,829.96
Limited Account Total Prior to September: 10,371,683,731.44
Limited Account Deposits: 12,558,478,538.00
Limited Account Withdrawals: 2,436,874,258.75
Limited Account Interest: 875,090,822.97
Limited Account Total Change: 11,627,832,670.81
Limited Account Total: 21,999,516,402.25
Two Month CD Prior to September: 720,801,102.85
Two Month CD Deposits: 250,424,846.06
Two Month CD Matured: 598,045,005.99
Two Month CD Liability Increase: 72,331,250.8
Two Month CD Terminated: 100,000,000.00
Two Month CD Change: 204,640,639.29
Two Month CD Total: 925,441,742.14
Three Month CD Prior to September: 2,832,269,660.52
Three Month CD Deposits: 805,000,000.00
Three Month CD Matured: 2,091,929,691.38
Three Month CD Liability Increase: 161,906,332.05
Three Month CD Terminated: 300,000,500.00
Three Month CD Change: (1,425,023,859.33)
Three Month CD Total: 1,407,245,801.19
Four Month CD Prior to September: 12,799,606,935.16
Four Month CD Deposits: 6,780,442,837.02
Four Month CD Matured: 0.00
Four Month CD Liability Increase: 2,630,185,418.71
Four Month CD Terminated: 1,440,963,660.15
Four Month CD Change: 7,969,664,595.58
Four Month CD Total: 20,769,271,530.74
Change in Total Deposits: 15,754,236,087.01
Current Total Deposits: 43,998,343,332.64
Total Amount Loaned Prior to September: 450,000,000.00
Total Amount Loaned During September: 0.00
Total Interest Earned During September: 60,750,000.00
Total Amount Currently Loaned: 450,000,000.00
Number of Active Loans: 1
Total Amount in Wallet: 14,440,585,767.72
Total Amount in Reserves: 17,000,000,000.00 (% of Withdrawable Deposits, % of Total Liability)
Total Value in Escrow: 8,350,000,000.00 (Only Significant Orders Rounded Down to nearest 1,000,000.00)
Total Value in Non-Liquid Holdings: 6,500,000,000.00 (Book Value Rounded Down to Nearest 1,000,000.00)
Total Value in Stocks/Securities: 7,588,371,284.00
Total Received Dividends: 65,275,000.00
Current NAV: 53,878,957,051.72
Change in NAV: 20,846,559,736.88
Salaries Paid: 20,000,000.00
Profit: 5,092,323,649.87
Paid to Directors: 1,527,697,095.00
Final NAV: 52,351,259,956.72
Notes on Terms:
NAV = Net Asset Value (Value of Dynasty Banking)
Non-Liquid Holdings = Inventory resulting from defaulted loans or long term market investments
Book Value = Value paid for inventory
CD Liability Increase = The value increase of a CD due to daily compounded interest
CD Terminated = The value of a prematurely terminated CD
Salaries Paid: Refer to salaries paid to employees (Directors have no salary)
Paid to Directors: The percent profit distributed to the Directors (30%).
Notes on Calculations:
Standard Deposits also includes Transfers From Limited Accounts and all completed CD Values in addition to basic deposits.
Limited Deposits include Transfers from Standard Accounts.
Standard and Limited Withdrawals also include Transfers between accounts and creation of CDs in addition to basic withdrawals.
The value of a terminated CD (CD Terminated) is the result from total liability decrease not the actual isk received from the termination.
For the September report only the CD Liability Increase includes all previous months.