MBA Second Annual Bank Finance and Accounting Conference, May 3-5, 2017, Columbia

Conference Brochure • Register Online • Registration Form • Hotel Reservations • Sponsorship Opportunities

Sponsors

Bronze Sponsors
CliftonLarsonAllen
Commerce Bank
Graduate School of Banking
Moss Adams
Sixty West

Audience

The conference is specifically targeted for finance and accounting personnel. The purpose of the conference is to share tools, techniques, and to help finance professionals respond to the constant changes and challenges in the finance and accounting functions.

Agenda

Wednesday, May 3
1 p.m. Registration

2 p.m. 

CECL Implementation Experiences of Community Banks
Todd Sprang (Twitter • Linked In)
CliftonLarsonAllen
Facebook • Twitter • LinkedIn • YouTube

Many sessions have discussed implementation strategies and what your bank should be considering as you migrate from your current methodology to CECL but most discussions are theoretical and broad. In this session, Todd Sprang will summarize the experiences of community banks that have begun the implementation process, including the traps to avoid and the advice you should consider. 

4 p.m.  Break 
4:15 p.m. 

How to Choose and Use Threat Intelligence to Protect Your Network and Data and Comply with Regulations
Suzanne Magee (LinkedIn)
Bandura Systems
Facebook • Twitter • LinkedInYouTube

Banking information is considered a prime target of hackers and cybercriminals. This workshop will cover a brief history of network protection and provide an understanding of today’s complex threat vectors and attacks and the strategies to proactively counter the threat to prevent cyberattack and data leakage. The definition of threat intelligence will be discussed, including using devices in attendees’ own networks. Attendees will gain strategies for gathering or sourcing threat intelligence and aggregating, automating and effectively using them to counter the morphing and persistent threat against banking institutions. 

5:15 - 6 p.m.

Reception

   
Thursday, May 4
8 a.m.  Registration and Continental Breakfast

9 a.m.  Call to Order and Welcome

9:15 a.m. 

M&A: Status Quo or Grow?
Michael Richter and Adam Fiedor
GLC Advisors & Co. LLC

Many community banks are now facing the strategic dilemmas that are arriving with this new world of community banking: increasing interest rates (finally!), an incoming pro-business government and an evolving customer base. These factors profoundly effect the strategic decisions of community bankers, with many asking “What are my strategic options? Should we continue to grow? Should we acquire, merge or is it time to sell?” Framed by the current trends in community bank mergers and acquisitions, valuations and the “new normal” of bank pricing, Adam Fiedor and Michael Richter will share real client experiences demonstrating the many strategic alternatives available to community bank management teams and boards.

10:15 a.m.  Refreshment Break

10:30 a.m. 

Community Banking Update 
Ryan Harwell
Federal Reserve Bank of Kansas City
Twitter • LinkedIn • YouTubePinterest

Ryan Harwell will provide an update on banking conditions, risks and supervisory topics facing community banks.

11:30 a.m. to 12:20 p.m. Lunch

12:30 to 1:30 p.m.


Breakout Sesssions

Balance Sheet Management – Leaving Money on the Table!
Dennis Zimmerman
Commerce Bank – Capital Markets Group

Facebook • Twitter • LinkedIn 

With its second round of tightening in the final quarter of 2016, the Fed finally made good on their looming threat to further increase short-term rates. Although the Fed’s current dot plot matrix suggests they intend to take additional steps to normalize monetary policy, should we believe that the long awaited rising rate cycle has arrived? As a bond portfolio and IRR manager, the direction and timing of changes in interest rates will significantly affect both the balance sheet and income statement. Community banks are challenged to determine the appropriate balance between IRR management and current income. Balance sheets that are currently positioned for extreme “rates up” scenarios are most likely leaving “money on the table” as net interest margins continue to decline. Those attending will leave the session with an increased confidence for positioning their balance sheet in such an ambiguous economic and interest rate environment.

Profitability – Value vs. Net Income
Steven Martin (LinkedIn)
Sageworks Inc.

Twitter • LinkedIn

What is the fair value of your loans or your portfolio in aggregate? Which products when considering maturity, default, loss, prepayment, structure, and alternate investments are your most valuable product? Which officer, team or region is providing your enterprise with value, not just growth? Leveraging fair value practices for loan pricing offers a unique look into loan profitability; the results can change loan decisions for the betterment of the bottom line.

Current Accounting and Tax Issues Affecting Community Banks
Leslie Wilson (LinkedIn) and Brian Mall (LinkedIn)
BKD
Facebook • Twitter • LinkedIn • YouTube • Google+

Gain insights on the emerging accounting and tax issues facing community banks today. Leslie Wilson and Brian Mall will provide an overview of both new and proposed accounting standard changes most relevant to community banks in the current environment, as well as other projects currently being considered by FASB. They will review recent and proposed tax law changes currently being evaluated by the IRS under the new political landscape. Finally, they will explore the potential impact these new and proposed changes will have on community banks. Participants will gain a better understanding of the new and proposed rules and how the rules affect them and their institutions. Attendees also will learn planning strategies to help them better prepare for the changes and help reduce the effect of the changes, as well as identify strategies to take advantage of opportunities.

Customer Experience – Return to the Branch
Anthony Burnett (Twitter, LinkedIn)
Level 5

Facebook • Twitter • LinkedIn • Google+

Leveraging face-to-face relationships is at the heart of community banking. Today, more than 65 percent of sales occur in a branch environment. Therefore, creating a consumer experience that drives revenue is crucial to sustaining business. Furthermore, each branch solution should be tailored to the local demographics and community to provide opportunities to grow relationships that engrain the bank’s brand and culture with its customers. Anthony Burnett defines the business case for the branch and provides the five key steps to connecting with changing consumers and communities through the branch experience.

1:30 p.m. 

Refreshment Break 

1:45 p.m. 

Repeat Breakout Sessions

2:45 p.m.  Refreshment Break
3 p.m.

Managing Your Core Vendor Relationships
Trent Fleming
Trent Fleming Consulting
FacebookTwitter 

Your contract for services with your primary banking software provider defines a very important third-party relationship with your bank. Issues of exposure, liability, service levels and, yes, cost are all in play.  Many banks have signed contracts with dozens of pages, without a careful review. In some instances, the bank’s attorney has been asked to review and comment on the contract, but absent specific software expertise, such a review is cursory at best. Trent Fleming will guide chief financial officers, chief operating officers and others with responsibility for negotiating such contracts through a list of  key contract points that should be addressed. This session is not a legal review but an operational review of the implications of committing to selected aspects of the contract. Participants will gain insight into how to evaluate the contract terms and what areas to ask the bank’s attorney to look into in further detail. These skills can then be extended to other third-party contracts, further enhancing the benefits.   Today’s focus on reducing expenses and controlling costs makes this session especially timely.

4:30 to 5:45 p.m. Reception 
   
Friday, May 5
7 a.m. Buffet Breakfast
 
7:45 a.m. 

Peer Group Session/Roundtable Discussion

Share your challenges and best practices with your peers from banks of similar asset size in small groups. The purpose is to provide access to resources to help you manage the issues facing your bank.

8:45 a.m.  Refreshment Break 

9 a.m.  Breakout Sessions

What Does FinTech Mean for Community Banks?
Rick Levin
Polsinelli
Facebook • Twitter • LinkedIn

The development of financial technology presents new opportunities for incumbent banks to revolutionize the industry. FinTech firms are bringing innovative technologies to traditional banks that rely on numerous legacy systems and business processes that can be improved through the use of these new technologies. However, transformative technologies like blockchain come with a variety of legal and regulatory issues that must be navigated by banks to fully harness the potential of fintech.

Asset Liability Management, Interest Rate and Liquidity Risk
Matthew Davis and Bob Farrar
Crowe Horwath
Facebook • Twitter LinkedIn  • YouTube • Google+

The ALM internal audit and controls risk session will provide participants technical training for application during ALM audits. Matthew Davis and Bob Farrar highlight current trends financial institutions are facing with respect to interest rate risk and liquidity risk. Through the use of case studies, participants will be exposed to real world examples of risks and controls that they can apply when evaluating the ALM function.              

10 a.m. Refreshment Break 

10:15 a.m. 2017 – Year of the Rooster – Time to Wake Up?
Chris Kuehl (LinkedIn)
Armada Corporate Intelligence

Facebook • Twitter

It has been an interesting year thus far (remember the Chinese curse about that?). There has been the usual transition activity, but some profound economic shifts started last year and continue into 2017. What can we now expect with interest rate policy, inflation, the rate of GDP growth, trade and spending? Is any of this going to be swift?

11:30 a.m. Grand Prize Drawing and Adjournment

Registration Fees
The registration fees may be paid by check, credit card or invoiced to your bank. The fees include meals, receptions, breaks and conference materials.

$425 Member Fee

$850 Nonmember Fee

The cost of meals and entertainment included in the registration fee for this meeting is $100. This information is provided for your bank’s tax records, in keeping with the IRS 50 percent deductible provisions under Section 274(n) of the Internal Revenue Code.

Cancellations
Full refunds will be granted for cancellations received at the MBA office by Monday, April 24, 2017. After that date, an administrative fee of $30 per canceled registration will be retained. Cancellations will not be accepted after Thursday, April 27, 2017, and no refunds will be given. Substitutions are always permitted. Registrants are responsible for canceling their own hotel reservations.

Hotel Information and Room Reservations
Courtyard by Marriott • 3301 LeMone Industrial Blvd. • Columbia • 573-443-8000
The room rate is $104 per room per day, plus state and local tax and lodging tax for single or double occupancy. Rooms will be available at 3 p.m. the day of check-in. Checkout time is noon.

Room Reservations
1. Book your room online. In the "Special Rates" section, click "Group Code" and enter group code CFOCFOA for a king with sofa sleeper or enter group code CFOCFOB for a double queen.
2. Call 1-800-MARRIOTT and give the group code CFOCFOA for a king with sofa sleeper or group code CFOCFOB for a double queen.
3. Call the hotel at 573-443-8000 to book your reservation. 

Cancellations must be made 48 hours before the date of arrival, or one night’s room rate will be charged to the individual. All unreserved rooms in the block will be released for sale to the public April 12, 2017.

Dress Attire
Business or business casual is recommended for all sessions.

Disabilities or Dietary Restrictions
If you have any dietary restrictions or disabilities and need assistance, please contact the MBA Education Department at 573-636-8151.

Questions 
If you have questions about this conference, please contact the MBA Education Department at 573-636-8151.