http://www.smslp.com Events RSS Feed en Sheshunoff Consulting + Solutions Copyright Sheshunoff Consulting + Solutions. All rights reserved. 2012-02-02T22:20:27+00:00 http://www.smslp.com/events/community-bank-activity/ http://www.smslp.com/events/community-bank-activity/#When:2012-02-08 Presenter: John Adams Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD Despite uncertainty relating to regulatory reform, loan growth, asset quality, non-interest income, economic conditions, and governmental fiscal policy, whole-bank and thrift M&A deal volume turned up in the December of 2011 to 16, bringing the total volume for 2011 to 153. Pricing in the fourth quarter, however, was a bit below prior periods but almost half involved stock (compared to about 20% involving stock in the first three quarters of the year). Taking what most sellers viewed as a devalued security resulted in lower pricing ratios at announcement, but many sellers were probably optimistic about the appreciation potential of the new shares they held. More sellers and buyers are realizing the importance of joining forces to create a larger pool of resources, motivated by the performance gap between larger institutions and community banks. These are just a sampling of topics we will discuss during this webinar to make sense of the changing community banking landscape and understand the trends moving forward. Join our M&A expert, John Adams to learn more about: Financial performance of banks in various asset size groupings Asset quality trends, impact of recent regulatory changes, an update on bank failures Recent merger and acquisition data Common deal structures that facilitate premium pricing Primary factors influencing bank transaction activity, prices What to expect going forward in 2012 BIO: John Adams John Adams is a Director of M&A with Sheshunoff & Co. Investment Banking. John is focused on merger and acquisition advisory services and has also worked with many of the firm’s shareholder valuation clients. His background includes buy-side and sell-side engagements, merger negotiation and structuring, financial analysis and industry research. Prior to joining Sheshunoff eight years ago, John spent four years with Lehman Brothers working in the Financial Institutions Group in New York. John has over ten years of experience in financial services, valuing financial institutions and advising clients in the mergers & acquisitions process, involving both public and private institutions, as well as equity and debt underwriting. John regularly presents economic and M&A updates at Sheshunoff conferences and has taught at the Wisconsin Graduate School of Banking. Early in his career, he worked for a year in Asia on a project to restructure the banking sector after the Asian currency crisis of 1997. John obtained his Masters degree in mathematics from the University of North Texas and also holds a bachelor of business administration degree in finance from the University of Texas at Austin. John is a registered representative with FINRA and holds the Series 62 and 63 licenses. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: http://www.nasba.org. Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-08 http://www.smslp.com/events/fha-condominium-loan-guidelines-an-essential-update/ http://www.smslp.com/events/fha-condominium-loan-guidelines-an-essential-update/#When:2012-02-09 Speaker: Stephen Marcus, Esq. Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD Most attorneys haven’t spent a lot of time poring over the underwriting requirements for FHA loans and until recently, they didn’t have to, because the FHA represented a minute sliver of the home mortgage market. But as conventional mortgage financing has shrunk in the wake of the financial meltdown, more lenders have been originating FHA loans and more home buyers have been relying on them. With the FHA accounting for as much as 30 percent of home mortgages originated or refinanced last year, an understanding of the FHA’s underwriting requirements is now essential for attorneys who represent anyone – financial institutions, buyers, sellers, or investors – on any aspect of a residential real estate transaction. There is much to know about those requirements. The FHA has revised its standards extensively in the past two years and is talking about additional changes this year. Nowhere have the underwriting changes been more sweeping and more unsettling than in the requirements for condominium loans – the focus of this timely and important webinar. Stephen Marcus, a nationally recognized expert in condominium law, will explain the new standards community associations must meet, and the information lenders must document to make condominium loans eligible for FHA financing. WHAT YOU’LL LEARN Stephen’s comprehensive presentation will cover: How the new FHA underwriting standards have evolved The improvements they’ve made The challenges they have created What lenders originating FHA loans must know about community associations: Leasing restrictions Insurance requirements Deed restrictions Special assessments Pending litigation Affidavits and certifications ― why they are problematic for lenders and community associations Prospects for more changes in 2012 BIO: Stephen Marcus, Esq. Stephen Marcus is a founding partner of Marcus, Errico, Emmer & Brooks in Massachusetts, known for its expertise in condominium law. He represents community associations, developers and lenders in a wide-ranging practice that includes: Reviewing, drafting and amending condominium documents; negotiating the terms of condominium association loans; and advising community association boards on rules enforcement, association insurance and other condominium governance issues. Recognized locally and nationally for his contributions to the field of condominium and community association law, Stephen serves on the Board of Governors of the Community Association Institute’s (CAI’s) College of Community Association Lawyers, composed of the outstanding condominium law practitioners in the country. He has also served as chairman of CAI’s Public Policy Commitee, as a member of CAI’s National Law Seminar Faculty, and is a former president of the New England Chapter of CAI. A popular lecturer and a frequent contributor to industry publications, Stephen is consulted frequently on issues affecting condominiums and community associations. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-09 http://www.smslp.com/events/a-sound-hmda-submission-through-a-focus-on-the-five-ws/ http://www.smslp.com/events/a-sound-hmda-submission-through-a-focus-on-the-five-ws/#When:2012-02-14 Presenter: Kenneth Agle Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD HMDA's new boss, the Consumer Financial Protection Bureau (CFPB), is certainly sure to use this already powerful tool like never before in the upcoming years. Yet, even as it stands, HMDA is one of the most powerful analytical tools that requires attention to detail as well as an appreciation of what the data can mean for your institution. This webinar focuses on the detail behind a sound HMDA submission through a focus on the five Ws. From there, we'll focus on the "How" to use your data to develop insight into what the regulatory agencies are reviewing. While tools abound for conducting analysis, understanding those tools is all too frequently lacking. This webinar's goal is to understand those tools in context of CRA and Fair Lending/Redlining. This webinar will: Walk you through the What of HMDA in reviewing the elements of the HMDA-LAR and completion and submission of the LAR Give you an understanding of the common misunderstandings and mistakes of HMDA and HMDA reporting Provide attendees with insight into the FAQs of HMDA and making sense of the responses Show you the Why of HMDA and how data can be surprisingly useful for internal analysis. And more! BIOS: Kenneth Agle As President/CEO of Counter Risk Group, Mr. Agle brings over 20 years of banking experience covering numerous facets of banking operations. Mr. Agle specializes in strategic regulatory response and in developing and implementing both proactive and reactive tools and systems to preempt and resolve issues affecting today’s financial institution. Prior to launching his own consulting firm, Mr. Agle had been a bank examiner with the FDIC. As a commissioned examiner, Mr. Agle was principally involved in numerous examinations, including Safety and Soundness, Compliance, BSA, IT and Trust. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-14 http://www.smslp.com/events/remote-deposit-capture-examination/ http://www.smslp.com/events/remote-deposit-capture-examination/#When:2012-02-15 Presenter: Anne J. Cheatham and J. Scott Gupton Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD Are you prepared for your examiners to review your Remote Deposit Capture program? When the FFIEC issued "Risk Management of Remote Deposit Capture", your institution became subject to a review of this area by your regulators. Now, the recently issued FFIEC IT Examination Guidance gives the examiners the areas to focus on, includes exam procedures for Remote Deposit Capture, and further emphasizes the need to be prepared for a complete review of your Remote Deposit Capture process at your next examination. Are you ready? Have you developed and implemented appropriate policies and procedures to mitigate risk? Have you documented information to demonstrate to your regulators that your institution has taken all appropriate measures to manage the process and mitigate risk? During this webinar, you'll learn what procedures and documentation are recommended to ensure your institution demonstrates compliance with the FFIEC's guidance on Remote Deposit Capture. We will provide an overview of: Risk Assessment Risk Mitigation Measuring and monitoring risk Documentation of the following: Policy Internal Procedures Risk Assessment Contracts and evidence of legal review Client Underwriting Annual Review of Clients Client Activity Monitoring and Analysis Exception Resolution Annual training information Client File Contents Annual Employee Training Annual Client Training Audit Procedures and Results Business Continuity Plan Management and Board Oversight BIOS: Anne J. Cheatham Anne J. Cheatham has had a varied career in the banking industry. During her career, she served for over 20 years as a member of senior management in three de novo banks, each of which she helped form. She served for 3 years as a member of a bank’s Board of Directors. Anne has had responsibility for many financial and administrative areas including regulatory reporting, accounting, auditing, retail deposit and delivery services, compliance, asset liability management, bank investments, bank operations, and information technology. Ms. Cheatham is currently an independent bank consultant working with banks in the areas listed above. She has authored or co-authored more than 10 publications for AlexInformation and has been a frequent speaker in the banking industry having conducted training programs for bankers nationwide on behalf of, AlexInformation, Jack Henry National Users Group, Tennessee Bankers Association, BAI as well as Sheshunoff Consulting + Solutions. J. Scott Gupton J. Scott Gupton is Chief Operating Officer and Executive Vice President of Sumner Bank and Trust, Gallatin, TN. Gupton serves as a senior executive officer whose responsibilities include overseeing bank operations, accounting, financial reporting, facilities, information technology, compliance, vendor management and auditing functions. This is the second de novo bank for which he has been involved. Prior to joining Sumner Bank and Trust, Scott's diverse banking experience included operations management, relationship management and lending as well as some of his current responsibilities, at a state wide commercial bank, a large national bank and a midsized community bank. He is a graduate of the University of TN at Knoxville with a BS in Business Administration and Marketing. He is also a graduate of The Southeastern School of Banking at the Owen Graduate School of Management at Vanderbilt University. Scott has spoken to industry groups on remote capture, merchant capture and branch capture strategies, risk assessment and risk management. He has co-authored 2 publications, has spoken at financial industry conferences and has served as an expert witness on financial industry matters. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-15 http://www.smslp.com/events/sharpen-the-sar-investigation-component/ http://www.smslp.com/events/sharpen-the-sar-investigation-component/#When:2012-02-22 Presenter: Kenneth Agle Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD To file or not to file Suspicious Activity Reports (SARs): That’s the dilemma for financial institutions trying to comply with the Bank Secrecy Act. Spotting unusual transactions is easy; anti-money laundering software spits these out by the hundreds. The challenge is to determine which of these “unusual” transactions are also “suspicious” and should be reported to law enforcement officials. Making these essential distinctions requires robust, well-designed, highly effective investigations. Join Ken Agle for a fast-paced, in-depth discussion of the strategies you can use to strengthen your investigations and maximize the effectiveness of your BSA/AML compliance program. Ken will explain: How to create a risk-based, Customer Identification Program that will enable investigators to focus on the highest risk alerts. How to use a risk-weighted matrix to guide your SAR investigations (a sample matrix will be included in the seminar materials). How to allocate investigation resources based on the risk levels of customers and activities. How to use the most effective investigation techniques to produce quality investigation reports. How to write a persuasive narrative supporting a SAR/No-SAR conclusion. How to apply the principals in the classic “Art of War” to your bank’s BSA program. BIOS: Kenneth Angle As President/CEO of Counter Risk Group, Mr. Agle brings over 20 years of banking experience covering numerous facets of banking operations. Mr. Agle specializes in strategic regulatory response and in developing and implementing both proactive and reactive tools and systems to preempt and resolve issues affecting today’s financial institution. Prior to launching his own consulting firm, Mr. Agle had been a bank examiner with the FDIC. As a commissioned examiner, Mr. Agle was principally involved in numerous examinations, including Safety and Soundness, Compliance, BSA, IT and Trust. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-22 http://www.smslp.com/events/update-on-managing-helocs-consumer-laws/ http://www.smslp.com/events/update-on-managing-helocs-consumer-laws/#When:2012-02-23 Presenter: Jonathan Jerison Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD Is your institution facing a deteriorating Home Equity Line of Credit portfolio? Are you sure you are in compliance with the complex laws and regulations surrounding HELOCs? Some institutions are already facing class action lawsuits from claims that they didn't follow the rules. Make sure you know how to protect your institution in this volatile environment and steer clear of litigation and regulatory sanctions. Join this “can’t miss” session with noted attorney Jonathan D. Jerison, and learn how to navigate safely through the legal and regulatory maze of managing HELOCs. This webinar will answer critical questions such as: When should you reduce or suspend lines of credit to actively manage your home-equity portfolios? What are the courts saying about managing your HELOCs and whether you can still rely on the Regulation Z safe harbor when a decline in value wipes out half of your equity cushion? Do you need to do a new appraisal? Can you use automated value models or broker price opinions? Can you use area-wide statistics? How can you prove you reasonably believe that the consumer will default? Can you use FICO scores by themselves? Does it help to have an appeals process? How do other laws such as Fair Lending, Fair Credit Reporting Act, Equal Credit Opportunity Act Adverse Action and Unfair and Deceptive Acts or Practices (UDAP) considerations impact how you manage HELOCs? How do FDIC and OTS Guidance make it both easier and harder to manage HELOCs? What is your institution’s exposure to litigation such as class action suits and actual damages in individual actions—and what can you do to minimize it? BIOS: Jonathan Jerison Jonathan Jerison provides regulatory, legislative and transactional advice to mortgage lenders, servicers, and insurers, as well as other lenders, and defends mortgage and consumer finance companies in government enforcement actions. Mr. Jerison counsels bank and non-bank financial institutions and their affiliates in complying with federal and state consumer protection laws and regulations, including providing general regulatory advice, providing advice on fair lending issues, reviewing consumer disclosures, drafting legislative or regulatory language advocacy papers, and amicus briefs, and advising on a wide variety of consumer finance issues, including privacy, the Fair Credit Reporting Act, the Home Mortgage Disclosure Act, the Truth in Lending Act, fair lending, telemarketing, and electronic commerce matters. Mr. Jerison was Managing Editor of the Industrial Relations Law Journal at the University of California School of Law. His prior experience includes 14 years as a staff attorney and senior staff attorney in the Divisions of Financial Practices, Policy and Evaluation, and Enforcement at the Federal Trade Commission, where he was responsible for enforcement, interpretation, and rulemaking involving the federal consumer credit laws and the Federal Trade Commission Act. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-23 http://www.smslp.com/events/utilizing-your-board/ http://www.smslp.com/events/utilizing-your-board/#When:2012-02-27 Presenter(s): Geri Forehand Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD You no doubt have heard repeatedly that the FDIC and other banking agencies expect greater transparency and accountability from senior management and the board. But how do you accomplish this with the board you have? And given that the industry is at a critical point with 888 FDIC-insured problem institutions, 997 banks operating under formal or cease and desist orders, and 367 failed banks since 2008, you’ll want to take action soon and reevaluate board roles and responsibilities. Join this session to learn how to effectively use your board to help you in strategic planning, developing relationships with important shareholders, and correcting oversight and management deficiencies. The session covers: The state of the industry Board responsibilities Committee structure Director compensation trends Director succession Click here to read more on the subject. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: http://www.nasba.org. Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-27 http://www.smslp.com/events/testing-your-disaster-recovery/ http://www.smslp.com/events/testing-your-disaster-recovery/#When:2012-02-28 Presenter(s): Steve Caroll Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD You know that sinking feeling you get when the examiners ask for your test results? Why suffer through that when you can be better prepared? Failure to perform adequate testing is among the most common regulatory and audit findings by examiners looking at an institution’s business continuity planning (BCP) program. Join industry expert Steve Carroll to learn how to design an effective disaster recovery testing program for all information system components to ensure you have a program that works and one that passes muster with the regulatory examiners. He will take you through the process of: Assigning criticality and target timeframes Using test control groups Selecting an appropriate testing methodology Writing Test Scripts Documenting results Pandemic Flu Testing Tips BIO: Steve Carroll Steve Carroll is a Senior Consultant with Sheshunoff Consulting + Solutions’ Risk Management Practice. With more than 25 years’ experience as a community bank executive, Steve has worked in a variety of capacities in financial institutions, including consultant and bank CEO. Since 1996, Steve has worked as a lead consultant on more than 100 financial institution consulting engagements across the country. His areas of expertise include business continuity planning, risk management, strategic business planning, and strategic technology planning. Steve has developed software applications to assist financial institutions in improving their risk management positions, including a Business Continuity Planning system that utilizes a Microsoft Access relational database and an Internet-based plan hosting and collaboration platform called DRPHost.com PLUS. In addition, Steve has developed Risk Management and Vendor/Contract Management Access applications as well. Steve has completed Institute of Financial Education courses at the University of Texas at Austin, the University of Georgia, and the University of Connecticut. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-28 http://www.smslp.com/events/privacy-for-your-eyes-only/ http://www.smslp.com/events/privacy-for-your-eyes-only/#When:2012-02-29 Speaker: Kenneth Agle Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD It’s no secret that financial privacy is a major concern ― a priority for financial institutions that collect and store reams of sensitive information about their customers/members, and a perpetual hot button for legislators and regulators, who have created stacks of laws and regulations governing how financial information is collected and restricting how it can be used and shared. The privacy requirements of the Gramm-Leach-Bliley Act (GLBA) are probably the best known, but they are by no means the only privacy rules with which financial institutions must comply. In the financial privacy minefield, it’s not the requirements you know but the ones you don’t know, or don’t fully understand, that pose the greatest compliance risks. This webinar will help you spot those potential regulatory tripwires before you stumble over them. Kenneth Agle, an expert in Regulatory Compliance, will: Identify the various laws and regulations designed to protect the financial privacy of consumers. Explain why these regulations exist, what they require, and what employees need to understand in order to ensure compliance. Discuss GLBA’s financial privacy provisions in depth. The devil is in the details ― and the definitions. Describe the varied disclosures financial institutions must provide to inform customers/members about their privacy rights. Explain the six essential steps privacy officers should take to ensure effective compliance with the privacy rules and reduce security risks for their financial institutions. Join us for an open-ended discussion that will answer your questions about the financial privacy requirements and provide a strong foundation for your institution’s compliance program. BIO: Kenneth Agle As President/CEO of Counter Risk Group, Mr. Agle brings over 20 years of banking experience covering numerous facets of banking operations. Mr. Agle specializes in strategic regulatory response and in developing and implementing both proactive and reactive tools and systems to preempt and resolve issues affecting today’s financial institution. Prior to launching his own consulting firm, Mr. Agle had been a bank examiner with the FDIC. As a commissioned examiner, Mr. Agle was principally involved in numerous examinations, including Safety and Soundness, Compliance, BSA, IT and Trust. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-02-29 http://www.smslp.com/events/est-alll-how-to-do-it/ http://www.smslp.com/events/est-alll-how-to-do-it/#When:2012-03-03 Presenter(s): Mark Uhler Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD “Estimating ALLL: How to Do It” is an advanced version of “Regulatory Expectations for Your ALLL Estimate,” which gave you an overview of the requirements under Financial Accounting Standard Board (FASB) and bank regulations and provided the foundation for this current session. You will hear again why managing the amount is critical to bank earnings, bank capital and job security for the CEO and other bank executive but in this session we go deeper into the details. You will learn how to estimate the allowance for loan and lease losses (ALLL) and to document your methodology to satisfy the requirements of the Financial Institutions Examination Council (FFIEC) Policy Statements and FASB 5 and 114. This webinar will give you the tools you need to arrive at the appropriate level of allowance and documentation for your best estimate of probable loss, including: Valuing the portion of the reserve allocated to impaired loans - (FASB 114) Documentation Acceptable valuation methods Common Deductions including Discounts and Holding Costs Valuing the reserve allocated to the general risk portion - (FASB 5) Stratification of loan portfolio What historical loss time frame is appropriate to use? Risk Characteristics and Stratification of the Loan Portfolio Environmental Factors Using a detailed Matrix Other Best Practices Testing for Directional Consistency Unrealistic Adjustments BIO: Mark Uhler Mark joined Sheshunoff Consulting + Solutions' Risk Management Division after a 36 year banking career as a consultant, regulator, and banker with specialties in loan reviews, reserve for loan loss reserve analysis, and problem loan work out administration. Mark served as President and Chief Executive Officer of troubled banks in Kansas, Missouri, Oklahoma and Texas where he was responsible for successfully restoring the banks to a safe and sound condition. Mark began his career as a national bank examiner for the Office of the Comptroller of the Currency in the Kansas City, Missouri in 1973. Mark authored the “Guide to Developing a Written Lending Policy” for the American Bankers Association and participated in designing the “Business Banker” certification for the Institute of Certified Bankers. Mark graduated from the Stonier Graduate School of Banking at Rutgers University in 1984 and received a Bachelor of Science, Business Administration degree from Pittsburg State University majoring in accounting and economics in 1977. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-03-03 http://www.smslp.com/events/are-you-ready-for-the-new-sas-70-standards-/ http://www.smslp.com/events/are-you-ready-for-the-new-sas-70-standards-/#When:2012-03-06 Presenter(s): Deanna Wachsmuth, CISA & Dan McOsker, CPA, CBA Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD The SAS 70 is being replaced by new standards for service provider audits and for those who use these audits in assessing the controls of a service provider (vendor). How will the change affect your vendor management program? How will it affect you as a user of the report? Do you have to change contract terms? These are some of the questions that will be answered in this webinar. We will give you a complete overview of the SAS 70 report – as it exists today and what it will be after the changes. Join us for answers to these questions: What do these changes mean for the servicer's auditor and what do they mean for you as the user of the final report? Which of your vendors should provide you with a SAS 70 report? What do you do if a vendor doesn't provide a SAS 70? What are the alternatives? How often should you expect to receive an updated SAS 70 and how much does it cost? Do you need to include this requirement in your vendor contract terms and conditions? What does it mean if your provider says they are PCI compliant and therefore don't plan to become "SAS 70 compliant"? Do you know how to document your review of the current SAS 70 report? How will that review change with the new standards? Can you distinguish between a Type I and Type II report and understand the impact on your vendor due diligence review process? Does a SAS 70 tell the whole story? How do you know if these reports satisfy the requirement to monitor your vendors for information security and disaster recovery purposes? How is a SAS 70 used to support a financial statement audit? How can a SAS 70 be used to support GLBA and SOX compliance for your institution? BIO: Deanna Wachsmuth, CISA Ms. Wachsmuth has over 25 years experience in a variety of management positions. Prior to joining Sheshunoff in 1999, she was an executive officer of a multi-state federal savings bank owned by Sun Life of Canada, U.S. She was directly responsible for all technology-related areas, including IT, Loan Operations, Deposit Servicing and the Bank’s Customer Service Call Center. She was also responsible for Retail Sales Programs, Marketing and Strategic Planning. She has extensive experience in ERM, risk assessment, vendor management, GLBA compliance, FDICIA and SOX 404 documentation and testing, systems conversions, merger and acquisition consolidation, project management, reengineering, sales, customer service, and business development. As a bank executive, she was also integrally involved in asset-liability management, regulatory compliance and internal control systems. Her past experience included computer software and hardware sales and training. Currently she manages over 30 professionals in all areas of Risk Management including regulatory compliance, internal audit, loan review, and information technology. She is a summa cum laude graduate of Colby-Sawyer College and her educational background also includes Wellesley College and the Stonier Graduate School of Banking. She is a Certified Information Systems Auditor (CISA), a Certified Risk Professional, and has a B.A. degree in Psychology. She also holds the GIAC General Security certification (GSEC). She is a member of ISACA New England, The Risk Management Association, and the Institute of Internal Auditors. BIO: Dan McOsker, CPA, CBA Mr. McOsker is currently an Engagement Manager for Sheshunoff’s Risk Management Services’ New England Division. He is responsible for managing fully outsourced internal audit engagements for community bank clients ranging from $75MM in assets to over $2.5 Billion. Prior to joining Sheshunoff, Dan had over 25 years experience in Public Accounting and Bank Internal Audit. As an Audit Manager with an international accounting firm, he specialized in providing audit and management advisory services to state government, financial institutions, and health care industry clients. As Director of Internal Audit for a $2.5 billion financial services company, he directed all aspects of the audit program for the company’s four banks, a full service Trust Department, a full service mortgage department and a consumer indirect lending department. In addition to accounting and audit experiences, he has led various projects such as, strategic planning and execution, process improvement systems, and revenue enhancement and expense containment. Mr. McOsker holds a B.S. Degree in Accounting. He is a Certified Public Accountant, a Certified Bank Auditor, a Member of The American Institute of Certified Public Accountants and the Institute of Internal Auditors. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: http://www.nasba.org. Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-03-06 http://www.smslp.com/events/analyzing-cash-flows1/ http://www.smslp.com/events/analyzing-cash-flows1/#When:2012-03-15 Presenter(s): Mark Uhler Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD Cash may be king in some worlds, but in the world of commercial credit, cash flow is critical. It is the single most accurate indicator of a business borrower’s ability to repay a loan – and an analysis regulators want to see in your loan files. Loan officers who misinterpret cash flows, or fail to consider them, risk originating a troubled loan or rejecting a solid one. But analyzing cash flow isn’t just a matter of reading financial statements. It requires aggregating financial information from a variety of personal and business records and then reading between the lines to understand what the numbers are telling you — and what they aren’t telling you ― about a borrower’s current financial condition and future repayment prospects. In this pre-recorded Webinar, commercial lending specialist Mark Uhler covers the fundamentals of cash flow analysis, explaining how to calculate cash flow and, equally important, how to use that information to improve credit decisions. The Webinar will explain how to identify both the red flags and the hidden strengths in a borrower’s financial statements; how to “follow the money” through a company’s business cycles; how to extract cash flow information from corporate tax returns; and how to recognize the difference between cash flows produced generically by operations, and those produced artificially by accounting procedures; Webinar topics will include: Key questions to ask about: Capital gains and losses IRA distributions Pensions and annuities Tax refunds Officer compensation Tax return analysis “Stress testing” the cash flow projections Best practices for calculating cash flows Common mistakes – and how to avoid them. BIO: Mark Uhler Mark joined Sheshunoff Consulting + Solutions' Risk Management Division after a 36 year banking career as a consultant, regulator, and banker with specialties in loan reviews, reserve for loan loss reserve analysis, and problem loan work out administration. Mark served as President and Chief Executive Officer of troubled banks in Kansas, Missouri, Oklahoma and Texas where he was responsible for successfully restoring the banks to a safe and sound condition. Mark began his career as a national bank examiner for the Office of the Comptroller of the Currency in the Kansas City, Missouri in 1973. Mark authored the “Guide to Developing a Written Lending Policy” for the American Bankers Association and participated in designing the “Business Banker” certification for the Institute of Certified Bankers. Mark graduated from the Stonier Graduate School of Banking at Rutgers University in 1984 and received a Bachelor of Science, Business Administration degree from Pittsburg State University majoring in accounting and economics in 1977. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-03-15 http://www.smslp.com/events/mitigating-information-security-risks/ http://www.smslp.com/events/mitigating-information-security-risks/#When:2012-03-15 Presenter(s): Tom Stripling Duration: 1 hour Pricing: $299 - Live, Download or CD $249 - (for Affiliation Members) $349 - Live + Download or Live + CD Community banks are increasingly vulnerable to information security risk – whether from external hacking, inadequate internal security, or risk resulting from personnel carelessness or maliciousness. No matter how secure you believe your bank to be, any external connection to another network, service provider, or the Internet can make your bank a potential target. This session reviews strategies to mitigate information security risk so that bankers can compare their current security practices with industry best practices to assess potential vulnerabilities. Topics to be discussed include: How to identify vulnerabilities Vulnerability scanning Expert penetration testing What strategies are available to prevent attack Risk evaluation Prioritization of remediation efforts Implementation of countermeasures Why network visibility, incident response, and attack forensics are important. Identification and detection of security events Creating an incident response plan Responding to and identifying the cause of an incident BIO: Tom Stripling Tom Stripling formerly Director of Security Services for Sheshunoff Consulting + Solutions is a seasoned application security expert with an extensive background in application development, penetration testing, code review, and information security best practices. Tom has spoken at numerous regional and national events, including the RSA and OWASP security conferences. His experience is supplemented by the Certified Information Systems Security Professional (CISSP) and Certified Information Systems Auditor (CISA) certifications. Tom holds a Bachelor of Science in Computer Science from Stanford University and an MBA with Distinction from the University of Kansas. He is a member and active participant in local chapters of ISSA, OWASP, and InfraGard. Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: http://www.nasba.org. Delivery Method: Group Internet-based • CPE Credits: 1 • Program Level: Overview • Prerequisites: None • Advance Preparation: None Webinars 2012-03-15