Jack Heath III

Washington Trust Bank's (WTB) investment philosophy focuses on asset allocation, diversification and the balancing of risk and return. They use two independent research firms to supplement their internal analysis of individual companies and industries. The firm employs a screening process to narrow their stock selection to about 300 stocks. WTB analyzes stocks based on industry, growth, financial strength, management assessment, risk and valuation. They then narrow the universe of large-cap stocks to a list of 30 to 40 stocks. They assign a buy rating if the forecasted risk-adjusted return on a stock is greater than the forecasted return on the market. They assign a sell rating if a stock is fully valued, has deteriorating fundamentals, suffers unexplained price fluctuations or if a better investment opportunity is identified.WTB employs a top-down, value-driven approach to select fixed-income securities. Their analysis seeks to identify economic and market conditions that will affect fixed-income markets. They also seek to determine what segment of the fixed-income market represents the best value, based on their economic and yield curve analysis. WTC next identifies specific securities that represent the best value based on financial analysis, performance analysis and risk/reward analysis. The fixed-income markets are continuously monitored for quality and marketability of portfolio holdings.WTB manages the Large-Cap Core Equity and Core Fixed-Income portfolios with in-house portfolio managers and they employ outside fund managers to ensure best-of-class execution of all security classes.

W.T.B. Financial Corp. is a bank holding company, which engages in the business of financial services. Through its subsidiary, it provides a range of banking, fiduciary, asset management, mortgage banking, and other financial services to corporate and individual customers. The company was founded in 1902 and is headquartered in Spokane, WA.

North Idaho Home Health provides home healthcare services. It offers care transition, disease management, telehealth, behavioral health, internal clinical credentialing, and online care community services. The company is headquartered in Coeur D'Alene, ID.