Economic Outlook: Rapid Recovery
Chris Lowe, Chief Economist
8:20 to 9:20 Thursday, April 8
In a year marked by historic fiscal spending coupled with the promise of a post-COVID future, economic growth will boom this year. Join Chris for a discussion of what it all means for the Fed, inflation and interest rates.
Brandy Buckler, Partner and Julee Fox, Partner
9:20 to 10:20 a.m. Thursday, April 8
This session will highlight selected accounting and reporting updates specific to the banking industry. We will discuss, at a high level, certain upcoming accounting standards, reminders of changes at the asset thresholds of $500 million and $1 billion, as well as pandemic-related accounting issues and updates.
CECL in Review
Gabe Nachand, Partner
10:30 to 11:30 a.m. Thursday, April 8
This session will cover lessons learned from banks that have already adopted CECL, including some of the challenges brought by a turbulent year in 2020. The presentation will review general impacts of CECL at adoption and thoughts around successful reporting. In addition, discussion will address the challenges that have been seen with models, data, financial reporting controls, the ongoing monitoring of the process and engaging the proper employees to be a part of the process.
Operational Efficiency Self-Assessment
Trent Fleming Consulting
11:30 a.m. to 12:30 p.m. Thursday, April 8
Whether recognized or not, productivity — or the lack thereof — continues to impact bank operations. This session is designed to address key ways that managers can assess and improve the operations of their departments using techniques that industry experts apply when performing operational efficiency studies. Key areas to be addressed include staffing, technology utilization, planning efforts and measurement/reporting issues. Participants will leave with the tools to evaluate and improve productivity.
Balance Sheet Management Post Pandemic — Deploying Liquidity & Managing Risk
Dave Koch, Director, Advisory Services
8:20 to 9:20 Friday, April 9
The past year has seen bank liquidity levels expand at record pace. Entering 2020, bankers were faced with declining liquidity and strong loan demand. Then, COVID-19 expanded deposits rapidly and resulted in banks purchasing a record number of securities as CFOs grappled with the need for spreads in a low-rate environment. Many still remain in cash investments given the paltry returns in bonds. And although credit conditions remain uncertain, the truth is the best borrowers are looking to extend terms at the low rates, causing bankers to confront the decision of managing interest rate risk or lower yields from excess liquidity.
This session explores the impact of various loan/investment decisions in today’s expected and potential economic conditions. What level of duration extension is acceptable? How do we manage the uncertainty of the deposit influx? What are the risk/return trade-offs in extending duration now versus waiting for more “normal” times?
Regulator Panel Discussion
Assistant Regional Director
Assistant Vice President
Federal Reserve Bank of Kansas City
Federal Reserve Bank of St. Louis
Missouri Division of Finance
9:20 to 10:20 Friday, April 9
Representatives from federal and state banking regulatory agencies will share the latest developments on regulatory issues and discuss current trends in operations and technology regulation, including internal controls and contingency planning. Regulators also will address liquidity expectations and impacts of COVID relief. Participants will be given an opportunity to submit question.
Growth Strategies in Any Economic Environment
Sean Payant, Chief Strategy Officer
10:30 to 11:30 a.m. Friday, April 9
The old adage “If you’re not growing, you’re dying” continues to be applicable to community banks and our industry as a whole. As the race for core customer relationships, fee income and talent intensifies, it is imperative to have your financial institution positioned for growth if you want to not just survive but actually thrive. This session explores specific and actionable strategies to: grow core customers, increase fee income, develop your team and improve overall financial performance.
New Tax Changes Expected from The New Administration
11:30 a.m. to 12:30 p.m. Friday, April 9
For More Information
Contact the MBA Education Department at 573-636-8151 or email.