This year’s conference continues the tradition as the trusted source of latest developments essential to the financial institutions industry. Join us for noteworthy information and conversations spanning three days.
With discussions on economic and regulatory developments, plus accounting and auditing, as well as the opportunity to network with policymakers and thought leaders, you’ll gain clear understanding and decisive next steps paramount for the year ahead.
This includes sessions from the conference: National Conference on Banks & Savings Institutions 2017
Welcome & Introductory Remarks & Economic Outlook (Sep 11, 2017 08:15 AM)
Rising Rates are Here Again: Time to Celebrate or Danger Ahead? (Sep 11, 2017 12:55 PM)
Performance & Outlook for Banks Nationwide (Sep 11, 2017 02:20 PM)
ERM Current Best Practices (Sep 11, 2017 04:05 PM)
Developing Fair Value Estimates (Sep 11, 2017 04:05 PM)
Tax Update for Financial Institutions (Sep 11, 2017 04:05 PM)
Leases - Textbook Series with a Focus on Implementation Issues (Sep 11, 2017 04:05 PM)
Ethics Update (Sep 12, 2017 07:30 AM)
Expected Loss Quantification: Factors That Will Move the Needle (Sep 12, 2017 07:30 AM)
Evaluating the Credit Mark in Mergers and Acquisitions and Capital Raise Scenarios (Sep 12, 2017 07:30 AM)
Changes to the Variable Interest Model (Sep 12, 2017 07:30 AM)
Interpretive Issues: FASB Credit Losses Standard (Sep 12, 2017 01:20 PM)
Cyber for Community Banks (Sep 12, 2017 03:05 PM)
Hedging Project (Sep 12, 2017 03:05 PM)
Accounting and Economic Basics of Shared-based Payment Arrangements (Sep 12, 2017 03:05 PM)
Community Banks Hot Topics (Sep 12, 2017 04:30 PM)
Ask The Experts Panel - Large Banks (Sep 12, 2017 04:30 PM)
Update on AICPA Board Projects (Sep 13, 2017 07:30 AM)
Bridging the GAAP: How to Implement the New Lease Accounting Standard (Sep 13, 2017 07:30 AM)
Closing Remarks & Legislative/Regulatory Update in the New Administration (Sep 13, 2017 08:30 AM)
Housing and Economic Update (Sep 13, 2017 09:55 AM)
CECL Observations from Early Implementation Efforts (Sep 13, 2017 11:40 AM)
CECL For Community Banks (Sep 13, 2017 01:55 PM)
Technology in Banking (Sep 13, 2017 01:55 PM)
Revenue Recognition (Sep 13, 2017 03:20 PM)
ICFR (Including Evaluating Material Weaknesses) (Sep 13, 2017 03:20 PM)
Tackling CECL with a Holistic Approach - So Much More than Models and Calculations (Sep 13, 2017 07:30 AM)
Economic Forecast for 2017: A Roadmap for Businesses in the Trump Era. One of the most-trusted names in financial reporting, Dr. Rossell breaks down America’s current financial future as well as our place within the global economy. Looking at how we got here (including an overview of post-Recession global growth), what businesses can expect from a Trump administration, and what priorities organizations need to focus on in both the short and long-term, Dr. Rossell provides an essential roadmap for executives and consumers alike. She covers a range of essential topics including: Fed rate hikes, the renegotiation of trade deals, shifts in global currency, and government regulations.Speaker(s):
Bankers are euphoric now that interest rates have risen after the extraordinary turmoil following the financial crisis and a protracted period of the lowest rates in their lifetimes. This “surprise” jump in rates arose post-election in anticipation of higher economic growth, ramped up infrastructure spending, higher inflation, lower taxes and less regulatory burden for bankers…all positive for bank earnings if all goes as planned. Some wild cards to consider: To what degree will rates rise and over what time period? More importantly, what about the slope of the curve? A rising rate scenario accompanied by a flatter yield curve will wreak havoc for many banks, while others will thrive. What have we learned from previous rate cycles, and what strategies should we consider and avoid this time around? The world is simply a great Shakespearean play, repeated over and over again, and the only things that really ever change are the actors on the stages. A well-informed and focused ALCO has far better odds of balancing current earnings needs with the challenges of the new rate cycle. Many institutions will hit the “panic” button at precisely the wrong time and take action they will likely regret down the roadSpeaker(s):
This session will discuss the performance of the Banking Industry for private and public Banks and share our outlook for the next several quarters utilizing real time trends and analysis. We will provide information on bank operating trends from the latest quarterly disclosures and an overview of credit quality.Speaker(s):
Enterprise Risk Management (ERM) protects the health of your financial institution so you can achieve your business goals. In order to be successful, your strategic plan needs to align with the risks your organization takes on. In this presentation, we will discuss how to use your risk assessment results to uncover a holistic view of your organization’s “risk DNA,” align your risk management monitoring activities and costs with highest risk threats, and ensure your key risk indicators are appropriate to support your strategic plans.Speaker(s):
ASC 820 provides a framework for developing fair value measurements and disclosures for financial reporting, including acceptable valuation techniques, inputs, and requirements for financial statement disclosures related to the valuation of financial instruments. This session will provide participants with an overview of ASC 820, a discussion of the application of ASC 820 to residential mortgage loans, and a discussion of current trends in the residential mortgage loan market.Speaker(s):
This session will provide attendees with an overview of federal tax developments impacting the financial services industry and will be presented in terms that the non-tax-professional can understand. Topics to be discussed include an overview of proposed tax legislation and related planning strategies, a discussion of the financial statement impact of proposed tax legislation and an overview of miscellaneous tax developments (including an update on captive insurance arrangements).Speaker(s):
The leasing standard first becomes effective in 2019. Unlike many standards, this one impacts the financial services industry as both a provider of leases and as a lessee of buildings and equipment.. We will discuss the changes to the accounting for leases and the practical considerations and challenges of implementing ASU 2016-02, “Leases” (ASC Topic 842).Speaker(s):
This session will provide attendees with an update on recent changes to the Code of Professional Conduct and also refresher on other ethical topics that the hotline staff are frequently asked about. In addition to understanding changes to your ethical responsibilities an emphasis will be made on understanding responsibilities related to records when selling, transferring, discontinuing or acquiring a practice.Speaker(s):
This session will cover:
1. Foundational elements: properly accounting for credit risk characteristics, including:
a. Importance of accounting for risk differentiation and rank ordering for pass-rated loans
b. Common flaws of risk rating systems
c. Potential financial impact on the ALLL
2. We will also discussed methodology matters, such as
a. Quantifying impact of methodology choices on CECL allowance balance at different points in the economic cycle, volatility
b. Length of reasonable & supportable (R&S) period
c. Scenario choice (1 or multiple) Criteria for methodology selection
d. Data availability and applicability
e. Portfolio composition
f. Firm size / complexity
The overall credit mark is typically the number one deal point in M&A – understanding the nuances of what moves the needle in a fair value assessment of the loan portfolio is critical to negotiating a fair deal.
During this session, we will discuss:
1) How should a bank determine the credit mark of a target, particularly given low historical charge-offs?
2) What are ways that the diligence process over the loan book/credit mark can add value post-acquisition?
3) What does a potential seller need to do to look at its own credit mark the same way an acquirer would? What data is critical to this analysis?
4) How do the concepts of CECL apply – both today and upon adoption?