TANGGUNGJAWABSOSIALPERUSAHAAN CORPORATESOCIALRESPONSIBILITYCSRContinues ACCOUNTINGSTANDARDANDNEWREGULATION Bebanbunga

Financial Report LAPORAN TAHUNAN 2012 PTBANKSULUT NOTESTOTHEFINANCIALSTATEMENTContinued ForTheYearsEndedDecember31,2012and2011 ExpressedinRupiah,UnlessOtherwisestated

38. RISKMANAGEMENT Continues

The Bank keeps its liquidity by maintaining sufficient amount of liquid assets to pay deposits from customers and maintaining the number of assetsdueineachperiodsufficiencytocovertheamountofliabilitiesdue. Liquid assets of Bank consists of placement with other banks and other financialinstitutions.CurrentAccount withBankIndonesiaandcash.If the Bankneedsliquidity,theBankcanimmediatelywithdrawitsfundreserves intheforms of demanddeposits fromBank Indonesia, sell SBI withsale purchase agreement or seek credits at inter-bank money market in Indonesia. Thebank’smainreservesconsist of theMinimumCompulsory DemandDepositsandCashatbranchesoffice. Currently, Bank Indonesia Regulation requires commercial banks in Indonesia to retain the MinimumCompulsory Demand Deposits on daily basis,intheformof non-interestdepositswithBankIndonesiaatleast5 ofthenon-banksthirdparties’liabilitiesinRupiah. Theliquiditycontrol isalwaysdonethroughbalancingfundresourcesand their applications to keep the risks under acceptable limits and provides contribution in the formof proper profits, managed by Treasury Division andAssetLiabilityCommitteeTeam. OperationalRisk Operational risks management is performed by continuosly improving or adjusting the systems and procedures, sustainable development of informationtechnologies tomeet customers’ needs andexpectations. To meet this requirement, it must be supported by high quality and integrity humanresourcesthroughlimitsauthorizationsettingprograms, education andtraining,bothinternallyandexternallyandsustainablyandappliedthe customerknowingprinciplessoastomanagetheoperationalriskproperly. Marketrisk The market risks occurred from interest rate movement and foreign exchange rate in market from securities and bonds owned by Bank, therefore market rsik controlling only fromfund placement to other bank withconsideringinterestrateandtheofferedwell-beinglevelofBank.

39. CORPORATESOCIALRESPONSIBILITYCSR

In2012and2011,BankdistributedCorporateSosial ResponsibilityCSR amounting to 5 from net profit sharing, unaudited Corporate Sosial ResponsibilityCSR.Detailsof CorporateSosial ResponsibilityCSRare asfollows: Based on statements of Meeting DecisionDeed No. 178 datedJune 26, 2012, Notary of M.S.E Pangemanan S.H. in Manado, the shareholders approved that distribution of CSR funds are expensed in the year 2011 amounted to Rp 10,000,000,000.- which CSRutilization in proportion to eachshareholders. PTBANKSULUT CATATANATASLAPORANKEUANGANLanjutan UntukTahunyangBerakhirpada31Desember2012dan2011 DinyatakandalamRupiah,KecualidinyatakanLain

38. MANAJEMENRESIKOLanjutan

Bank menjaga likuiditas dengan mempertahankan jumlah aset likuid yang cukupuntukmembayarsimpananparanasabah, danmenjagaagar jumlah aset yangjatuhtempopadasetiapperiodedapatmenutupijumlahLiabilitas yangjatuhtempo. Aset likuidbankterutamaterdiri dari penempatanpadabank-banklaindan lembaga keuangan lainnya, giro pada Bank Indonesia dan kas. Apabila Bankmemerlukanlikuiditas, dengansegeraBankdapat menarikcadangan danadalamgiropadaBankIndonesiaataumencaripinjamandipasaruang antar bank di Indonesia. CadanganutamaBankterdiri dari cadanganGiro WajibMinimumdankasdikantor-kantorcabang. Saat ini peraturan Bank Indonesia mewajibkan bank-bank di Indonesia untuk menjaga Giro Wajib Minimum secara harian, dalam bentuk simpanantanpabungapadaBank Indonesiasekurang-kurangnyasebesar 5dariLiabilitaspihakketigabukanbankdalamRupiah. Pengendalian likuiditas senantiasa dilakukan dengan cara melakukan keseimbangan antara sumber-sumber dana dan pemanfaatannya, sehingga benar-benar masih dalam limit risiko yang dapat diterima dan memberikankontribusi berupaprofit yangwajar, yangpengelolaannyaoleh DivisiTreasurydantimAlcoAsset LiabilityComitee. ResikoOperasional Pengelolaan resiko operasional dilakukan dengan terus melakukan penyempurnaan atau penyesuaian sistem dan prosedur, pengembangan teknologi informasi secara kesinambungan dengan harapan dapat memenuhi kebutuhanatauharapannasabah. Untuk memenuhi kebutuhan ini harus didukung oleh sumber daya manusia yang berkualitas dan mempunyai integritasyangtinggimelalui programpenetapanlimitotorisasi, pendidikan dan pelatihan yang dilakukan baik inhouse training maupun eksternal dan berkesinambungan serta menetapkan prinsip pengenalan nasabahdenganharapanresikooperasionaldapatterkeloladenganbaik. ResikoPasar Resiko pasar merupakan risiko yang timbul dari pergerakan tingkat suku bunga maupun nilai tukar yang ada di pasar dari portofolio yang dimiliki olehBank, sehinggapengendalianresikopasar hanyamelalui mekanisme penempatandanapadabanklaindenganmempertimbangkantingkat suku bungadankesehatanbankyangmenawarkan.

39. TANGGUNGJAWABSOSIALPERUSAHAAN

Tahun 2012 dan 2011, Bank menyalurkan tanggungjawab sosial perusahaan atau Corporate Sosial Responsibility CSR sebesar 5dari pembagian laba bersih, tanggungjawab sosial perusahaan atau Corporate Sosial Responsibility CSR tidak diaudit. Rincian tanggungjawab sosial perusahaanadalahsebagaiberikut: Berdasarkan Akta Pernyataan Keputusan Rapat No. 178 tanggal 26 Juni 2012NotarisM.S.EPangemanan, S.H. di Manado, parapemegangsaham menyetujui bahwa pendistribusian dana CSR sudah dibiayakan dalam tahun buku 2011 masing-masing sebesar Rp 10.000.000.000,- pemanfaatanCSRsecaraproporsional kepadamasing-masingpemegang saham. 72 Financial Report ANNUAL REPORT 2012 PTBANKSULUT NOTESTOTHEFINANCIALSTATEMENTContinued ForTheYearsEndedDecember31,2012and2011 ExpressedinRupiah,UnlessOtherwisestated

39. CORPORATESOCIALRESPONSIBILITYCSRContinues

Basedonstatementof DecisionMeetingDeedNo. 19datedJune7, 2011 of Notary M.S.EPangemanan S.H. in Manado, the shareholders agreed that distributionof CSRfundsareexpensedintheyear 2010amountedto Rp 10,000,000,000.- which CSR utilization in proportion to each shareholder.

40. ACCOUNTINGSTANDARDANDNEWREGULATION

A new Financial Accounting Standard SAK are legally by Financial AccountingStandardBoard-TheIndonesianAccountant InstituteDSAK- IAI,effectivelyfortheperiodstartedinorafterJanuary1,2011,are: - PSAK No. 1 revised 2009 - Presentation of Financial Statement; replaced PSAK No. 1 revised 1998 Presentation of Financial Statement. - PSAKNo. 2revised2009 - Statement of CashFlows; this standard willreplacePSAKNo.2revised1994StatementofCashFlows. - PSAK No. 4 revised 2009 - Presentation of Cosolidated Financial Statement andSpecial Financial Statement; thisstandardwill Replace PSAKNo.4ConsolidatedStatement. - PSAK No. 5 revised 2009 - Operation Segment; this standard will ReplacePSAKNo.5revised2000SegmentReporting. - PSAK No. 7 revised 2010 - Related Parties; this standard will ReplacePSAKNo.7revised1994DisclosureofRelatedParties. - PSAKNo.12revised2009-apartofparticipationinJoinVenture. - PSAK No. 15 revised 2009 - Investments in Associates Entity; this standard will replace PSAK 15 1994 Accounting for Investments in Associate. - PSAK No. 19 revised 2010 - Intangible Assets; this standard will replacePSAK192000IntangibleAssets. - PSAKNo.23revised2010-Income; thisstandardwillreplacePSAK 231994Income. - PSAK No. 25 revised 2009 - Acounting Policies, Changes in AccountingEstimates andErrors; this standardwill replacePSAK 25 1994 Net Profit and Loss for Current Year, Basic Errors, and ChangesinAccountingPolicies. - PSAKNo. 48revised2009- Impairment of Assets; thisstandardwill replacePSAK481998ImpairmentofAssets. - PSAK No. 57 revised 2009 - Provisions, Liability, Contingent and Contingent Assets; this standard will replace PSAK 57 2000 EstimatedLiabilities,ContingentLiabilityandContingentAssets. - PSAKNo. 58revised2009 - NonCurrent AssetsownedtoSell and Stopped Operation; this standard will replace PSAK 58 2003 OperationinRetirement. - ISAKNo.7revisi2009-ConsolidatedEntityofSpecifiedPurpose. - ISAK No. 9 - Changes in the Activity Liability Full Operation, RestorationandSimilarLiabilities. PTBANKSULUT CATATANATASLAPORANKEUANGANLanjutan UntukTahunyangBerakhirpada31Desember2012dan2011 DinyatakandalamRupiah,KecualidinyatakanLain

39. TANGGUNGJAWABSOSIALPERUSAHAANLanjutan