Attached files

file filename
10-K - FORM 10-K - Federal Home Loan Bank of San Franciscod10k.htm
EX-3.2 - BYLAWS OF THE FEDERAL HOME LOAN BANK OF SAN FRANCISCO, AS AMENDED AND RESTATED - Federal Home Loan Bank of San Franciscodex32.htm
EX-32.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER - Federal Home Loan Bank of San Franciscodex321.htm
EX-31.4 - CERTIFICATION OF THE CONTROLLER - Federal Home Loan Bank of San Franciscodex314.htm
EX-32.3 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER - Federal Home Loan Bank of San Franciscodex323.htm
EX-31.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER - Federal Home Loan Bank of San Franciscodex311.htm
EX-99.1 - AUDIT COMMITTEE REPORT - Federal Home Loan Bank of San Franciscodex991.htm
EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - Federal Home Loan Bank of San Franciscodex121.htm
EX-32.2 - CERTIFICATION OF THE CHIEF OPERATING OFFICER - Federal Home Loan Bank of San Franciscodex322.htm
EX-32.4 - CERTIFICATION OF THE CONTROLLER - Federal Home Loan Bank of San Franciscodex324.htm
EX-31.2 - CERTIFICATION OF THE CHIEF OPERATING OFFICER - Federal Home Loan Bank of San Franciscodex312.htm
EX-10.4 - BOARD RESOLUTION FOR DIRECTORS' 2010 COMPENSATION AND EXPENSE POLICY - Federal Home Loan Bank of San Franciscodex104.htm
EX-10.7 - 2010 EXECUTIVE PERFORMANCE UNIT PLAN - Federal Home Loan Bank of San Franciscodex107.htm
EX-31.3 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER - Federal Home Loan Bank of San Franciscodex313.htm
EX-10.14 - 2010 AUDIT PERFORMANCE UNIT PLAN - Federal Home Loan Bank of San Franciscodex1014.htm
EX-10.17 - 2007 AUDIT PERFORMANCE UNIT PLAN - Federal Home Loan Bank of San Franciscodex1017.htm
EX-10.11 - 2010 PRESIDENT'S INCENTIVE PLAN - Federal Home Loan Bank of San Franciscodex1011.htm
EX-10.16 - 2008 AUDIT PERFORMANCE UNIT PLAN - Federal Home Loan Bank of San Franciscodex1016.htm
EX-10.1 - SUMMARY SHEET: TERMS OF EMPLOYMENT FOR NAMED EXECUTIVE OFFICERS - Federal Home Loan Bank of San Franciscodex101.htm

EXHIBIT 10.5

2010 Executive Incentive Plan

2010 Risk Management Goal [Segment Weight = 40%]

Qualitative assessment at yearend by Board of Directors.

Goal Measures

 

   

Enhance the framework for balancing the risks to the Bank as a cooperative, from individual member credit deterioration, with the mission of the Bank to support members’ housing finance objectives.

 

   

Enhance the Bank’s ability to prudently support weak and troubled members.

 

   

Enhance accounting and risk management processes and practices for the Bank’s portfolio of non-agency MBS to improve fair value measurement, credit risk and accounting write-down risk analysis, and funding and hedging risk analysis.

 

   

Improve the measurement and management of strategic liquidity risk to enhance the Bank’s ability to provide liquidity to members.

 

   

Maintain System leadership in accounting policy and System consistency projects.

 

   

Begin implementation of the new Front Office and Back Office trading, operations and accounting infrastructure to place the Bank in a better position to meet regulatory, risk management and competitive challenges.

2010 Franchise Enhancement Goal [Segment Weight = 40%]

Qualitative assessment at yearend by Board of Directors.

Goal Measures

 

   

Achieve targeted potential dividend spread. Enhance financial strategies that enable the Bank to effectively manage capital and maintain the appropriate balance between financial risk and financial return.

 

   

Innovate and pursue business and product development opportunities to enhance and promote the value of the franchise to members, prospects and constituents.

 

   

Develop strategies and implementation plans to address either significant shrinkage or significant growth in advances.

 

   

Develop and actively pursue strategies to counter the unintended consequences of Congressional and regulatory efforts that affect the FHLBanks’ funding and advances franchises.

 

   

Develop a strategy to resume repurchase of excess capital stock and payment of dividends.

2010 Community Investment Goal [Segment Weight = 20%]

Qualitative assessment at yearend by Board of Directors.

Goal Measures

 

   

Promote the use of the Bank’s CICA products.

 

   

Promote active participation in the Banks’ Affordable Housing Program and Set-Aside Programs.

 

   

Provide effective technical assistance and outreach for Affordable Housing Program and Set-Aside Programs and promote financial literacy, foreclosure prevention, and re-use of foreclosed homes for affordable housing.

2010 Senior Officer Goal Weights

 

     Senior Vice President     Executive Vice President  
     Corporate
Goal
Weights
    Goal Weight (includes
individual goals)
    Corporate
Goal
Weights
    Goal Weight (includes
individual goals)
 

Individual

   N/A      30   N/A      20

Risk Management

   40   28   40   32

Franchise Enhancement

   40   28   40   32

Community Investment

   20   14   20   16

Total

   100   100   100   100