---
title: Plansmith Blog | Roxanne Nikirk
---

[CALL TOLL-FREE 1-800-323-3281](https://www.plansmith.reachproductions.net/project/call-toll-free-1-800-323-3281/)

[![Plansmith](https://blog.plansmith.com/hs-fs/hubfs/Plansmith-Logo.png?width=764&height=135&name=Plansmith-Logo.png "Plansmith")](https://www4.plansmith.com)

- Solutions 
    - [Budgeting](https://www4.plansmith.com/budgeting/)
    - [ALM](https://www4.plansmith.com/alm) 
          - [ALM Advisory Services](https://www4.plansmith.com/alm/advisory-services/)
    - [CECL](https://www4.plansmith.com/cecl/)
    - [Strategy](https://www4.plansmith.com/strategy/) 
          - [Market Intelligence](https://www4.plansmith.com/market-intelligence/)
- Products 
    - [StrategyGPS](https://www4.plansmith.com/strategygps/)
    - [Compass](https://www4.plansmith.com/compass/)
    - [BankersGPS](https://www4.plansmith.com/bankersgps/)
- Resources 
    - [Blog](https://blog.plansmith.com/)
    - [Videos](https://plansmith.wistia.com/projects/7qemazkqii)
    - [Compass Tutorials](https://info.plansmith.com/compass-tutorials)
    - [Lunch N’ Learn](https://info.plansmith.com/lunch-n-learns)
    - [Webinars](https://www4.plansmith.com/webinars/)
    - [About](https://www4.plansmith.com/about/)
- [Schedule A Discovery Call](https://www4.plansmith.com/contact-us/)
- [CALL TOLL-FREE 1-800-323-3281](tel:8003233281)

# Plansmith Blog

## Roxanne Nikirk

### Recent Posts

## [Budget Reforecasting for Financial Institutions](https://blog.plansmith.com/budget-reforecasting-for-community-banks)

 Posted by [Roxanne Nikirk](https://blog.plansmith.com/author/roxanne-nikirk) on 10/17/17, 3:08 PM

- [Tweet](https://twitter.com/share)

[![Reforecasting.jpg](https://blog.plansmith.com/hubfs/Reforecasting.jpg)](https://blog.plansmith.com/budget-reforecasting-for-community-banks) 

Your budgets are finalized. Year end is over. Now what?

Our budgeting process gives us an idea of where we think we are headed in the next year. Many times, what we think will happen, is not what happens in reality. After all, if we all had a crystal ball at our disposal, you would not be reading this blog right now (I know I would not be writing it!).

[Read More](https://blog.plansmith.com/budget-reforecasting-for-community-banks)

[All posts](https://blog.plansmith.com/all)

### Subscribe Now!

### Posts by Tag

- [community bank planning (55)](https://blog.plansmith.com/topic/community-bank-planning)
- [community bank strategy (52)](https://blog.plansmith.com/topic/community-bank-strategy)
- [community bank (49)](https://blog.plansmith.com/topic/community-bank)
- [credit union planning (47)](https://blog.plansmith.com/topic/credit-union-planning)
- [community bank budget software (45)](https://blog.plansmith.com/topic/community-bank-budget-software)
- [budgeting (42)](https://blog.plansmith.com/topic/budgeting)
- [community bank budgeting (42)](https://blog.plansmith.com/topic/community-bank-budgeting)
- [interest rate risk (35)](https://blog.plansmith.com/topic/interest-rate-risk)
- [community bank interest rate risk (33)](https://blog.plansmith.com/topic/community-bank-interest-rate-risk)
- [asset liability management (30)](https://blog.plansmith.com/topic/asset-liability-management)
- [community bank budget (30)](https://blog.plansmith.com/topic/community-bank-budget)
- [strategic planning (28)](https://blog.plansmith.com/topic/strategic-planning)
- [interest rate risk management (27)](https://blog.plansmith.com/topic/interest-rate-risk-management)
- [community bank marketing strategy (26)](https://blog.plansmith.com/topic/community-bank-marketing-strategy)
- [fintech (26)](https://blog.plansmith.com/topic/fintech)
- [community bank ALCO (25)](https://blog.plansmith.com/topic/community-bank-alco)
- [social media for community banks (24)](https://blog.plansmith.com/topic/social-media-for-community-banks)
- [strategy (24)](https://blog.plansmith.com/topic/strategy)
- [strategic thinking (23)](https://blog.plansmith.com/topic/strategic-thinking)
- [IRR (22)](https://blog.plansmith.com/topic/irr)
- [bank strategy (21)](https://blog.plansmith.com/topic/bank-strategy)
- [community bank forecasting (20)](https://blog.plansmith.com/topic/community-bank-forecasting)
- [social media (20)](https://blog.plansmith.com/topic/social-media)
- [ALCO (19)](https://blog.plansmith.com/topic/alco)
- [strategic planning for banks (17)](https://blog.plansmith.com/topic/strategic-planning-for-banks)
- [ceo (16)](https://blog.plansmith.com/topic/ceo)
- [leadership (15)](https://blog.plansmith.com/topic/leadership)
- [Strategic Plan (12)](https://blog.plansmith.com/topic/strategic-plan)
- [bank strategic planning software (12)](https://blog.plansmith.com/topic/bank-strategic-planning-software)
- [community bank planning software (12)](https://blog.plansmith.com/topic/community-bank-planning-software)
- [CECL (11)](https://blog.plansmith.com/topic/cecl)
- [Customer Service (9)](https://blog.plansmith.com/topic/customer-service)
- [playbook (9)](https://blog.plansmith.com/topic/playbook)
- [alm (8)](https://blog.plansmith.com/topic/alm)
- [bank budget (8)](https://blog.plansmith.com/topic/bank-budget)
- [bank irr reporting (8)](https://blog.plansmith.com/topic/bank-irr-reporting)
- [liquidity (8)](https://blog.plansmith.com/topic/liquidity)
- [credit union interest rate risk (7)](https://blog.plansmith.com/topic/credit-union-interest-rate-risk)
- [crisis planning (7)](https://blog.plansmith.com/topic/crisis-planning)
- [forecasting (7)](https://blog.plansmith.com/topic/forecasting)
- [reforecasting (7)](https://blog.plansmith.com/topic/reforecasting)
- [budget playbook (6)](https://blog.plansmith.com/topic/budget-playbook)
- [compass (6)](https://blog.plansmith.com/topic/compass)
- [what-ifs (6)](https://blog.plansmith.com/topic/what-ifs)
- [Outsource IRR (5)](https://blog.plansmith.com/topic/outsource-irr)
- [banker education (5)](https://blog.plansmith.com/topic/banker-education)
- [surge deposits (5)](https://blog.plansmith.com/topic/surge-deposits)
- [bank mission vision core values (4)](https://blog.plansmith.com/topic/bank-mission-vision-core-values)
- [continuing education (4)](https://blog.plansmith.com/topic/continuing-education)
- [credit union budgeting (4)](https://blog.plansmith.com/topic/credit-union-budgeting)
- [millennials (4)](https://blog.plansmith.com/topic/millennials)
- [IRR Assumptions (3)](https://blog.plansmith.com/topic/irr-assumptions)
- [board of directors (3)](https://blog.plansmith.com/topic/board-of-directors)
- [board training (3)](https://blog.plansmith.com/topic/board-training)
- [branch budgeting (3)](https://blog.plansmith.com/topic/branch-budgeting)
- [decay rate (3)](https://blog.plansmith.com/topic/decay-rate)
- [millennial employees in banking (3)](https://blog.plansmith.com/topic/millennial-employees-in-banking)
- [rising rates (3)](https://blog.plansmith.com/topic/rising-rates)
- [AI (2)](https://blog.plansmith.com/topic/ai)
- [FDIC (2)](https://blog.plansmith.com/topic/fdic)
- [backtesting (2)](https://blog.plansmith.com/topic/backtesting)
- [bank brand marketing (2)](https://blog.plansmith.com/topic/bank-brand-marketing)
- [compliance (2)](https://blog.plansmith.com/topic/compliance)
- [cost center budgeting (2)](https://blog.plansmith.com/topic/cost-center-budgeting)
- [deposit study (2)](https://blog.plansmith.com/topic/deposit-study)
- [deposit trends (2)](https://blog.plansmith.com/topic/deposit-trends)
- [funds transfer pricing (2)](https://blog.plansmith.com/topic/funds-transfer-pricing)
- [market intelligence (2)](https://blog.plansmith.com/topic/market-intelligence)
- [millennials in banking (2)](https://blog.plansmith.com/topic/millennials-in-banking)
- [modern human resources strategy for banks (2)](https://blog.plansmith.com/topic/modern-human-resources-strategy-for-banks)
- [peer analysis (2)](https://blog.plansmith.com/topic/peer-analysis)
- [stress testing (2)](https://blog.plansmith.com/topic/stress-testing)
- [Insider (1)](https://blog.plansmith.com/topic/insider)
- [asset prepayments (1)](https://blog.plansmith.com/topic/asset-prepayments)
- [baby boomers (1)](https://blog.plansmith.com/topic/baby-boomers)
- [brand (1)](https://blog.plansmith.com/topic/brand)
- [client spotlight (1)](https://blog.plansmith.com/topic/client-spotlight)
- [contingency funding plan (1)](https://blog.plansmith.com/topic/contingency-funding-plan)
- [credit union strategic planning software (1)](https://blog.plansmith.com/topic/credit-union-strategic-planning-software)
- [employee human resources for banks (1)](https://blog.plansmith.com/topic/employee-human-resources-for-banks)
- [event (1)](https://blog.plansmith.com/topic/event)
- [financial institution succession planning (1)](https://blog.plansmith.com/topic/financial-institution-succession-planning)
- [funding (1)](https://blog.plansmith.com/topic/funding)
- [loan prepayments (1)](https://blog.plansmith.com/topic/loan-prepayments)
- [market analysis (1)](https://blog.plansmith.com/topic/market-analysis)
- [negative rates (1)](https://blog.plansmith.com/topic/negative-rates)
- [policy (1)](https://blog.plansmith.com/topic/policy)
- [ppp loans (1)](https://blog.plansmith.com/topic/ppp-loans)
- [profitability (1)](https://blog.plansmith.com/topic/profitability)
- [sensitivity testing (1)](https://blog.plansmith.com/topic/sensitivity-testing)
- [social video for banks (1)](https://blog.plansmith.com/topic/social-video-for-banks)
- [strategic action plan (1)](https://blog.plansmith.com/topic/strategic-action-plan)
- [trade show (1)](https://blog.plansmith.com/topic/trade-show)

See all

### Recent Posts

- Navigate 
    - [Home](https://www4.plansmith.com/)
    - [Budgeting](https://www4.plansmith.com/budgeting/)
    - [Asset Liability Management](https://www4.plansmith.com/alm/)
    - [CECL](https://www4.plansmith.com/cecl/)
    - [Strategy](https://www4.plansmith.com/strategy/)
    - [Market Intelligence](https://www4.plansmith.com/market-intelligence/)
    - [About](https://www4.plansmith.com/about/)
    - [Contact Us](https://www4.plansmith.com/contact-us/)
- Products 
    - [StrategyGPS](https://www4.plansmith.com/strategygps/)
    - [Compass](https://www4.plansmith.com/compass/)
    - [BankersGPS](https://www4.plansmith.com/bankersgps/)
- Resources 
    - [Blog](https://blog.plansmith.com)
    - [Videos](https://plansmith.wistia.com/projects/7qemazkqii)
    - [Compass Tutorials](https://info.plansmith.com/compass-tutorials)
    - [Lunch n' Learns](https://info.plansmith.com/lunch-n-learns)
    - [Webinars](https://www4.plansmith.com/webinars/)

#### Contact

1827 Walden Office Square, Ste. 350  
Schaumburg IL 60173

Toll Free: 1.800.323.3281  
Local: 1.847.359.4045  
Fax: 1.847.705.8200

info@plansmith.com

Copyright 2018 | Plansmith Corporation