Our Investment Portfolio Reporting service provides record-keeping for all your investments, including structured notes, pass-through pools, and collateralized mortgage obligations (CMOs). You’ll have concise and accurate monthly accruals for interest, amortization, and accretion. A flexible general ledger interface option can be used to create entries for accruals, payments, and transactions.

How we make it easy…

Investment reporting doesn’t get easier than this! Once you’re up and running, you just send us a copy of your confirmations as you buy and sell investments in your portfolio. We update your investment portfolio and generate your reports. Each month you receive income accruals and appraisals on your investments. You also receive other important information to help you prudently manage your investments.

Each client is assigned an experienced customer service representative who assists in reconciling your portfolio to the general ledger and is available to answer your questions on the reports. FinSer’s service includes flexible cut-off dates and quick turnaround of the reports.

Key Features

• Monthly Reporting
  • Entries for interest accruals and amortization/accretion
  • Principal and interest payment verification reports
  • Reports organized by investment type and ASC 320 (FASB 115) category
  • General ledger reconciliation reports
  • Portfolio Summary and Maturity Distribution reports
  • Cash flow and budget projection reports
  • Regulatory reporting for banks and credit unions
  • Fair market values
• Quarterly Shock Test
  • -400 to +500 basis point shock
  • Summary reports show the effect of rate changes on an entire portfolio
  • Reports by investment type and individual security
  • Quarterly Interest Rate and Bond Market Recap (commentary)
• Year-to-Date Reports
  • Quarterly recap of year-to-date purchases, sales, calls, and maturities
  • Year-to-date amortization, accretion, and interest accrued
  • Roll forward reporting (summary, investment type, and security)
  • Contractual Maturity Schedule
  • Unrealized Gain/Loss Summary
• Data Interfaces
  • Data file with over 175 fields per cusip
  • Optional General Ledger interface for accruals, payments, transactions

     August 31, 2025      

    The minutes of the July 29-30 Federal Open Market Committee (FOMC) meeting generally pointed to both sides of the Fed’s dual mandate, emphasizing upside risks to inflation and downside risks to employment. The minutes also showed divisions emerging among officials as Vice Chair for Supervision Michelle Bowman and Governor Christopher Waller dissented against the decision to hold policy rates steady in favor of cutting rates. The minutes showed, “ A majority of participants judged the upside risk to inflation as the greater of these two risks, while several participants viewed the two risks as roughly balanced, and a couple of participants considered downside risk to employment the more salient risk.” The meeting was held just before the release of a weak July employment report.

     While the U.S. economy had demonstrated resilience earlier in the year, recent data and surveys have provided signs of a material slowdown in economic activity. The tepid July employment report and significant downward revisions to the May and June figures were “typical of turning points in the economy,” according to Federal Reserve Governor Lisa Cook. The three-month average of payroll growth was 150,000, coming into the report, and incorporating the revisions, the average dropped to 35,000. The Institute for Supply Management (ISM) Purchasing Managers Indexes (PMIs) for both the manufacturing and service sectors signaled a loss of momentum. Gauges for business activity, new orders, and employment moved lower during July. Taken together, the releases suggest recession risk may have re-emerged.

   Inflation remains sticky, even as the transmission of tariff hikes to consumer prices has been slow in coming. The inflationary impulse had been delayed by the front-running of inventories ahead of the implementation of tariffs. As preemptive inventories dwindle and more firms pass through their tariff-related costs, the inflation figures are likely to increase going forward, and a big jump in the Producer Price Index (PPI) for July may be heralding larger increases in the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) price index ahead.

     In a pivotal speech at the 2025 Kansas City Fed economic symposium in Jackson Hole, Wyoming, on August 22nd, Fed Chairman Powell seemingly lowered the bar on the central bank to resume easing of interest rates. He acknowledged that cracks in the labor market could threaten the economic expansion, suggesting it might be time to consider cutting rates. He noted “that downside risks to employment are rising and if those risks materialize, they can do so quickly in the form of sharply higher layoffs and rising unemployment.” He added that “the shifting balance of risks may warrant adjusting the policy stance, but also said that “monetary policy is not on a preset course.”

     On inflation, Powell noted that core goods prices have firmed due to tariffs and “we expect those effects to accumulate over the coming months.” Survey and market based measures of inflation expectations remain anchored, he maintained, and it is a reasonable “base case” that tariffs will have a one-time impact on inflation. The financial markets perceived Powell’s tone as more dovish and quickly latched on to it as a signal that further policy easing is on the way. Other Fed members also seem to have more recently shifted in the direction of prioritizing the labor market over fighting inflation. All this suggests a 25 basis point rate cut at the September 16-17 FOMC meeting is looking more likely, and the financial markets are priced for a series of aggressive cuts to follow. A September cut is still not guaranteed, however, as it is likely to hinge on the August employment and another set of inflation reports to be released before the September Fed meeting.

     A cut at the September FOMC meeting may also hinge on who is serving on, and voting on, the FOMC at the time. Questions of whether new nominee Steve Miran will be confirmed in time for the September meeting remain, and Lisa Cook’s status may still be in limbo as legal proceedings play out. Recent comments might suggest both falling to the side of a September cut, but they may not be playing on the active roster at the time of the vote.

The minutes of the September 25-26 Federal Open Market Committee (FOMC) meeting reinforced the view of higher interest rate ahead as the economy continues to expand at a solid pace and inflation remains close to its 2 percent target. Economic fundamentals remain strong as evidenced by _____% annualized quarterly growth for the third quarter. While slower than the second quarter’s 4.5 percent growth rate, it is still above trend and of the Fed’s near-term plan to continue gradually lifting short-term rates. Additionally, according to the minutes, a number of participants believe that it will be necessary to raise rates above neutral temporarily to avoid overshooting inflation or contributing to financial imbalances.

Risks to the outlook were seen as roughly balanced. On the downside, trade developments, global divergence of growth prospects and stress in emerging markets were referenced in the minutes, but this was offset by high consumer and business confidence and the potential for a greater than anticipated impact from fiscal stimulus. Despite removing the word accommodative from the last policy statement the majority of FOMC members believe the federal funds rate is still below its neutral level. At 2 to 2.25 percent, the federal funds rates and money market instrument tied to the targeted rates barely or does not cover, depending on which price gauge one chooses, the annual inflation rate, meaning the real cost of money is still cheap, and accommodative.

There is an abundance of data that indicates the economy is on solid footing and will likely continue to expand in the final quarter of 2018 and the start of 2019. The August Job and Labor

Turnover Survey (JOLTS) showed job openings rose to a fresh record high. Industrial production momentum continues at its best pace with output increasing at a 5.2 percent rate, the best in nearly 8 years. The September unemployment rate has dropped to 3.7 percent, a level not seen since 1969. The Conference Board’s leading Economic Index marked its fourth consecutive monthly increase of at least 0.4 percent in September and its 28th straight month without a decline. Taken together, the odds of a recession in the hear-term appear remote.

If there is a canary in the coal mine, it is the housing sector. It is caught in the middle of some powerful headwinds. Recent data has been downbeat as rising mortgage rates and persistently rising home prices are eroding affordability. Existing home sales fell 3.4 percent in September, marking the sixth straight monthly decline. New home sales Housing starts in September declined a sharp 5.3 percent. While some of the weakness in both sales and starts can be chalked up to weather distortions builders still face constraints including available workers, high land prices and rising material prices.