Hi JCWilson:
Okay, I'm with you now. The bolts aren't being used as one would expect. I don't think you will find a "proper" way to design for bending stresses, because the bolt people do not expect you to use A325 bolts in this manner.
Where I'm from, our book isn't green, but here's the approach I'd use.
First, they don't like to publish the yield strength (Fy) of high-strength A325 bolts. I'm not sure why. Probably because they'd have to carry out extensive expensive testing to certify a particular yield strength. The tensile strength is about 100 ksi, but it depends, to small degree, on bolt diameter.
Yield should be .5 of 100 (50ksi). Allowable bending stress on a pin is .9Fy. So say 45 ksi.
If there is too much uncertainty in this for you, then use a grade of steel with a certified yield stress. Use die for threading.
Take note that you do not have full diameter wherever threads exist.
Merry Christmas and all the best,
Watermelon