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Member:

INSIDE •CBA GO Club!

• 2016 Conventions - Orlando & Bermuda!

• 2016 Education Preview

• Salute to CBA Associate Members

financial services the speed of lifeSM

04 : 47 : 00 PMI keep forgetting to pay my credit card bill.

04 : 49 : 00 PMI paid my credit card bill.

Think it. Do it. Money movement at the point of thought.

fiserv.com /speed

© 2015 Fiserv, Inc. or its affiliates. All rights reserved.

Winter 2016 | Georgia Communit ies F i rst | 1

Rob Braswell President & [email protected]

Steven RigdonDirector of Legislative & Regulatory Affairs [email protected]

Lindsay Greene Vice President Marketing & Member Services [email protected]

Tony Moore Graphic Design [email protected]

Brittany LockeMarketing & Member Services [email protected]

Peake Wilson Vice President Corporate Events & Leadership Division CBA Corporate Secretary [email protected]

Teresa Day Administrative & Corporate Events [email protected]

Jodi Swilley Director of Education & Professional Development [email protected]

Donna Coutant Education Coordinator [email protected]

Connie Shepard Education Associate [email protected]

Tammy Maass CFO [email protected]

Nick Wilborn Accounting/IT [email protected]

GEORGIACommunitiesFIRST F E A T U R E S

WINTER 2016

page 14 | Educational Opportunities

CBA STAFF

S T A Y C O N N E C T E D

I N S I D E

page 12 | Annual Meeting & Trade Show

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General Counsel Corner: Pledged Deposit Accounts: And you thought the UCC had you covered!

A Digital Danger

Chicken or Pig?

CBA Day at the Capitol

Thank You Associate Members

Guest Article: TRID Implementation

Leadership Division Convention & Mini-Trade Show

Educational Opportunities

Spring Luncheons and Golf Tournaments

Community Bankers Association of Georgia1900 The Exchange, Suite 600, Atlanta, GA 30339

(770) 541-4490 or (800) 648-8215 • Fax (770) 541-4496www.cbaofga.com • [email protected]

page 10 | Leadership Division Convention & Mini-Trade Show

page 5 | CBA Day at the Capitol

Women In Banking Seminar

Annual Meeting & Trade Show

Scan with your smartphone to view our website.

Guest Article: Loan Loss Levels Drop

Guest Article: The Future Compliance Officer

Guest Article: With rates on the rise, how good is your offense?

2 | www.cbaofga.com |Winter 2016

• Attend the April 25th – 27th ICBA Washington Policy Summit with the CBA contingency. We will have a ½-day of interactive meetings with federal regulatory leaders and two days of individual meetings with Georgia’s two Senators and 14 Representatives. Our message really resonates when a member of Congress hears the challenges first-hand from a banker in their respective district.

Lastly, we have made it easier than ever for you to transition from being “involved” to being fully “committed” via introduction of CBA’s GO Club. Just ensure your bank is represented at all five of the following 2016 offerings and your bank automatically becomes a member of the CBA GO Club and earns a complimentary registration for the 48th Annual Meeting & Trade Show, July 20-24, 2016 in Bermuda!

• CBA Day at the Capitol – Wednesday, February 17th, Atlanta

• Women in Banking Seminar - Thursday, March 10th, Macon

• 8th Annual CBA Bank Directors’ & Executive Management Conference – Wednesday, March 23rd, The Cobb Energy Performing Arts Centre, Atlanta or 7th Annual CBA Georgia Bank Directors College – Monday, August 22nd, The Ritz-Carlton Lodge, Reynolds Plantation, Greensboro Attendees can pre-register to qualify.

• A Spring Regional Luncheon (Hoschton, Macon or Albany)

• 38th Annual Leadership Division Convention & Mini-Trade Show - Wednesday - Sunday, June 22nd – 26th, Disney's Contemporary Resort, Orlando, FL or three Community Bank Leadership Academy offerings (March, August or October 2016). Attendees can pre-register for August and October programs to qualify.

Please know the CBA of GA remains committed to serving you and your bank’s needs. We look forward to working with you to make a substantial and positive impact in 2016!

Best regards and Happy New Year!

Chicken or Pig?Whenever I hear the term “commitment,” I naturally think about the old riddle about the chicken and the pig.

Question: In a bacon-and-egg breakfast, what's the difference between the chicken and the pig?Answer: The chicken is involved, but the pig is committed!

As we start 2016, I think it is important to ask ourselves if we are truly committed to preserving and enhancing community banking, or are we just involved? I was extremely pleased at October’s CBA Board of Directors Planning Session with the enthusiasm in which our board members committed themselves to being impactful in making a positive difference in our industry and the communities we serve.

In fact, many of you may have already been contacted by a CBA board member inviting you to attend an event they felt warranted your consideration. Our directors are planning to reach out to you at least quarterly to ensure you are aware of the opportunities to have your voices heard by state and federal legislators and regulators, listen to insightful information on topical issues, and receive top-flight education.

Slowly but surely, the pendulum is starting to swing back in our direction as Congress begins to see and hear the devastating impact that regulatory burden is having on community banks – the economic engines of Main Street America. It is critical that we continue to press this point and get regulatory relief legislation passed. Just as you eat an apple one bite at a time, that will be the same method in which we receive regulatory relief; however, the aggregate impact can be substantial and powerful.

To keep this pendulum swinging in our direction, I encourage you to be committed and:

• Write your congressmen or take a few minutes to sign a petition regarding key legislative issues that come up throughout the year.

• Attend CBA’s Day at the Capitol on February 17th and let our State Senators and Representatives know of the positive impact your bank has on the community, the challenges it is facing, and the impact of any proposed state legislation on your institution. This is also a GO Club event!

F R O M T H E P R E S I D E N T ' S D E S K

R o b B r a s w e l l P r e s i d e n t & C E O

C o m m u n i t y B a n k e r s A s s o c i a t i o n o f G e o r g i a

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Yet despite their troubling characteristics, these lenders are proliferating like digital dandelions. Because of all of their real dangers, ICBA is sounding a warning bell, and we may ask community bankers to help us in the future. In comment letters and industry forums, we have encouraged Treasury and other public officials to study the products, businesses practices and risks of these lenders. We are asking them to consider whatever regulations are necessary to protect consumers and our overall economy. Moreover, as an alternative to these lenders, we are also asking Treasury officials to work with ICBA to ease the considerable regulatory burdens of community banks that are discouraging their truly productive, responsible lending.

Technology and innovation should bring progress and solve problems, not spread new dangers or harm. We still feel the recent pain brought by activities trumpeted as financial progress that soon became financial scourges. For our still-recovering citizens, economy and country, ICBA emphatically says never again.

F I N E R P O I N T S

C a m F i n e P r e s i d e n t & C E O

I n d e p e n d e n t C o m m u n i t y B a n k e r s o f A m e r i c a

A Digital Danger Every industry and marketplace is facing some measure of paradigm-shaking digital disruption these days. Among the newest financial industry disruptors are online marketplace lenders, the deceptively benign name for potentially predatory nonbank lending platforms proliferating on the Internet. Many of these technology-based lenders are digitally slicked-up credit providers of least and last resort. None offer a glimmer of relationship banking whatsoever.

For several reasons, ICBA is concerned about the risks these emerging credit providers could be spreading. Their risky, virtually unregulated and rapidly expanding lending is troubling—for borrowers, for our economy, for our financial system.

Scions of Silicon Valley and Wall Street, online marketplace lenders are a creation of today’s teeming petri dish of so-called FinTech technology innovation. These nonbank firms rely on powerful Big Data software engines to mine the Internet for information that feeds black-box algorithms to justify their high-cost loans and nearly instantaneous credit approvals. Speed is their novelty and allure. For many consumers, the credit they offer is too easily obtained—and too easily misunderstood.

Often targeting the most unsophisticated and desperate borrowers, online marketplace lenders offer caveat emptor credit that is unbridled by any mainstream regulatory oversight or constraints. Some solely serve consumers. Others cater exclusively to small businesses. Some specialize in payday, purchase-finance, education or merchant cash-advance financing. Virtually all are driven by Wall Street and hedge fund investors impatiently seeking the biggest, most immediate investment returns. A borrower’s ability to understand or repay these loans is the least motivation for these companies.

Moreover, the inherent risks online marketplace lenders carry have an ominously familiar pattern. Higher defaults are hardwired into their assumptions. Their computer-generated lending typically involves little to no underwriting. No collateral is involved. The creatively disparate data these companies rely on have never before supported widespread credit decisions. Their obscure lending practices are untested by any reasonable measure of time or economic stress. And mirroring activities during the financial crisis, some marketplace lenders are aggressively offloading their loans into securitized investment vehicles on Wall Street.

Related Reading

Read last month’s Fine Points column “Wild, Wild Tech”

about FinTech firms, at www.independentbanker.org.


ServisFirst Correspondent Banking Our name is our mission statement.

Member FDIC Equal Housing Lender

205.949.0302 www.ser

www.servisfirstbank.com | Member FDIC | Equal Housing Lender

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Bill Street

Rodney E. Rushing Executive Vice [email protected]

Henry Abbott Senior Vice [email protected]

J. David Jordan Vice [email protected]

Karen GrahnVice PresidentManager, Credit Card [email protected]

Rik LaneSenior Vice President - GA, [email protected]

Bill DackoSenior Vice President- [email protected]

Steve Shelton Senior Vice President - TN, [email protected]

OUR NAME IS OUR MISSION

Senior Vice President - AL, MS, [email protected]


G e o r g i a | N o r t h C a r o l i n a | O h i o | S o u t h C a r o l i n a | Te n n e s s e e | V i r g i n i a | e l l i o t t d a v i s . c o m

With a 360° perspective, our financial services team is with you every step of the way.

More than 125 banks in the Southeast depend on Elliott Davis Decosimo for personal attention, industry experience and services, including external and internal audit, SEC reporting, M&A consulting, taxation and compliance. Our financial services practice is more than 100 professionals strong, with a 60-year reputation for helping banks operate stronger, wiser, better. Let us help you move forward.

CBA’s 2016 Day at the Capitol - February 17, 2016Mark Wednesday, February 17th on your calendar! At CBA’s Day at the Capitol, we’ll host an engaging and informative legislative briefing followed immediately by a cocktail and hors d’oeuvres reception to which legislators have been invited. The event is taking place at the Sloppy Floyd Building (across the corner from the Capitol) from 3:30 – 6:00 pm. In the Empire room beginning at 3:30, hear from CBA executives and general counsel Dan Brannan, Partner, James-Bates-Brannan-Groover, LLP (exclusive Day at the Capitol sponsor) regarding key legislation of interest to the community banking industry. Georgia Department of Banking & Finance Commissioner Kevin Hagler will also join us and provide industry insights. The networking reception will take place immediately following (beginning at approximately 4:30) in the same room. We look forward to seeing you and your colleagues there, so please mark your calendar! Registration is $45 for the first person from your bank/company and $35 for each additional person from your bank/company. To learn more and to register, visit www.cbaofga.com/day-at-the-capitol.html.

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JBThanks to Exclusive Sponsor


CornerG E N E R A L C O U N S E LWinter 2015

PRESENTED BY GEORGIA’S LAW FIRM:

legal news and

updates for cba members

OFFICESMACON + ATLANTA

cbahotline@ jamesbatesllp.com

“General Counsel Corner,” a recurring column featuring legal news and information of interest to CBA members, is brought to you by James-Bates-Brannan-Groover-LLP. Visit us at GeorgiasLawFirm.com

Have a topic you would like to see

covered in “General Counsel Corner?”

Email us at generalcounselcorner@ jamesbatesllp.com

Pledged Deposit Accounts: And you thought the UCC had you covered!by J. William Boone and Doroteya N. Wozniak

Doroteya N. Wozniakassociate (404) 997-6031

[email protected]

J. William Boonepartner (404) 844-2766

[email protected]

Lenders are often faced with distressed borrowers who eventually decide their best course of action is to take the cleansing plunge into bankruptcy. In an effort to confirm its perfection and value of collateral, the lender more often than not initiates a belated review of the borrower’s file. The unfortunate part is that many lenders do not realize their security interests are unperfected until the bankruptcy trustee or creditors’ committee challenges the perfected status of their claim at which point it is too late to cure any deficiencies in the perfection. The common pitfall is that sometimes lenders rely solely on financing statements to perfect their security interests in deposit accounts held by other financial institutions.

Generally, Bankruptcy Courts look to state law to determine if a lender’s lien in a deposit account has been properly perfected. Under Georgia law, a security interest in a bank account housed at the lender’s institution is perfected automatically by virtue of the lender being in control of the account; however, a security interest in a bank account housed by another institution must be perfected through the execution of a deposit account control agreement (“DACA”). In re Palisades at W. Paces Imaging Ctr., LLC, 501 B.R. 896, 911 (Bankr. N.D. Ga. 2013) (noting that “perfection in a deposit account can only be made by a deposit control agreement executed in accordance with O.C.G.A. §§ 11–9–104, 11–9–314”). The term “control” is a legal term of art and does not necessarily mean the secured party actually has such control or that it decides what payments the borrower can make from the account. Furthermore, a security interest in a deposit account is “perfected by control” under O.C.G.A. § 11-9-104 only while the secured party remains in control. Thus, the filing of a standard UCC financing statement will not be enough to perfect the lender’s interest in a deposit account held by another institution.

As a result, the lender must be ever on alert to any indication the borrower may be syphoning off funds from the deposit accounts held by the lender to accounts held by a different financial institution resulting in the loss of “control” over the deposits. One way to reduce the risk of losing its perfection is for a lender to include in its credit agreements a requirement that the borrower maintains all of its deposit accounts within the lender’s financial institution and a failure to do so will constitute a default, thus triggering lender setoff rights under the credit agreement. Also, sometimes, even if a DACA is executed as part of the closing process, borrowers may restructure the deposit account and/or open other accounts which may be outside the scope of the DACA. To prevent such scenarios, the DACA must be routinely monitored to ensure that all intended deposit accounts are in fact covered. Lenders should also keep in mind that because any actions taken to correct deficiencies in perfection are subject to a possible challenge as an avoidable preference if the bankruptcy case is filed within ninety (90) days of such actions, the need of identifying deficiencies well in advance becomes that much more paramount. As such, a prudent lender should not wait until after a bankruptcy case is imminent or filed before the lender reviews the borrower’s file, but should ask counsel to undertake a due diligence review of the borrower’s file at the very first indication of possible borrower distress. This preventative maintenance exercise will more than pay for itself down the road and the lender will be very thankful it took this advance action.


CornerG E N E R A L C O U N S E LWinter 2015

PRESENTED BY GEORGIA’S LAW FIRM:

legal news and

updates for cba members

OFFICESMACON + ATLANTA

cbahotline@ jamesbatesllp.com

“General Counsel Corner,” a recurring column featuring legal news and information of interest to CBA members, is brought to you by James-Bates-Brannan-Groover-LLP. Visit us at GeorgiasLawFirm.com

Have a topic you would like to see

covered in “General Counsel Corner?”

Email us at generalcounselcorner@ jamesbatesllp.com

Pledged Deposit Accounts: And you thought the UCC had you covered!by J. William Boone and Doroteya N. Wozniak

Doroteya N. Wozniakassociate (404) 997-6031

[email protected]

J. William Boonepartner (404) 844-2766

[email protected]

Lenders are often faced with distressed borrowers who eventually decide their best course of action is to take the cleansing plunge into bankruptcy. In an effort to confirm its perfection and value of collateral, the lender more often than not initiates a belated review of the borrower’s file. The unfortunate part is that many lenders do not realize their security interests are unperfected until the bankruptcy trustee or creditors’ committee challenges the perfected status of their claim at which point it is too late to cure any deficiencies in the perfection. The common pitfall is that sometimes lenders rely solely on financing statements to perfect their security interests in deposit accounts held by other financial institutions.

Generally, Bankruptcy Courts look to state law to determine if a lender’s lien in a deposit account has been properly perfected. Under Georgia law, a security interest in a bank account housed at the lender’s institution is perfected automatically by virtue of the lender being in control of the account; however, a security interest in a bank account housed by another institution must be perfected through the execution of a deposit account control agreement (“DACA”). In re Palisades at W. Paces Imaging Ctr., LLC, 501 B.R. 896, 911 (Bankr. N.D. Ga. 2013) (noting that “perfection in a deposit account can only be made by a deposit control agreement executed in accordance with O.C.G.A. §§ 11–9–104, 11–9–314”). The term “control” is a legal term of art and does not necessarily mean the secured party actually has such control or that it decides what payments the borrower can make from the account. Furthermore, a security interest in a deposit account is “perfected by control” under O.C.G.A. § 11-9-104 only while the secured party remains in control. Thus, the filing of a standard UCC financing statement will not be enough to perfect the lender’s interest in a deposit account held by another institution.

As a result, the lender must be ever on alert to any indication the borrower may be syphoning off funds from the deposit accounts held by the lender to accounts held by a different financial institution resulting in the loss of “control” over the deposits. One way to reduce the risk of losing its perfection is for a lender to include in its credit agreements a requirement that the borrower maintains all of its deposit accounts within the lender’s financial institution and a failure to do so will constitute a default, thus triggering lender setoff rights under the credit agreement. Also, sometimes, even if a DACA is executed as part of the closing process, borrowers may restructure the deposit account and/or open other accounts which may be outside the scope of the DACA. To prevent such scenarios, the DACA must be routinely monitored to ensure that all intended deposit accounts are in fact covered. Lenders should also keep in mind that because any actions taken to correct deficiencies in perfection are subject to a possible challenge as an avoidable preference if the bankruptcy case is filed within ninety (90) days of such actions, the need of identifying deficiencies well in advance becomes that much more paramount. As such, a prudent lender should not wait until after a bankruptcy case is imminent or filed before the lender reviews the borrower’s file, but should ask counsel to undertake a due diligence review of the borrower’s file at the very first indication of possible borrower distress. This preventative maintenance exercise will more than pay for itself down the road and the lender will be very thankful it took this advance action.

2016 Legislative Session Underway!

JB2016 Legislative Updates sponsored by

The 2016 Session of the Georgia General Assembly opened on Jan-uary 11th and CBA is your source for all state legislation impacting the community banking industry.

Each Friday during the session, CBA provides members with a Legislative Update on bills being tracked regarding banking laws. Contact CBA Director of Legislative & Regulatory Affairs Steven Rigdon with any concerns or questions about an issue you would like to see addressed. You can reach Steven at [email protected] or (770) 541-4490.

Sponsored by

The goal of the Banker Regulatory Forum is to establish and maintain a dialogue with state and federal regula-tors/agencies regarding their policies, procedures and objectives. It also serves as a clearing house for CBA member concerns. Attendance at the meeting is free for CBA Members and lunch is included.

Thursday, February 4 – Idle Hour Country Club, MaconThursday, May 5 – CBA Headquarters, Atlanta

Thursday, August 4 – Idle Hour Country Club, MaconThursday, November 3 – CBA Headquarters, Atlanta

2016 Banker Regulatory Forum Dates

CBA’s Memorial Scholarship Applications Now Available!On behalf of the Community Bankers Association of Georgia (CBA), we are proud to announce the 2016 Julian & Jan Hester Memorial Scholarship and the J. Steven Walraven Scholarship! The Hester Scholarship is open to Georgia high school seniors who will be entering a Georgia college, university or technical school (two year program or more) in the 2016 fall semester. The scholarship is named after the late Jan Hester, daugh-ter of Lalia and the late Julian Hester, long-time CEO of the CBA. The

four winning recipients will be awarded a $1,000 scholarship.

The Walraven Scholarship is awarded in the amount of $500 to a bank employee who desires to continue their education while working full-time at a CBA member bank. The scholarship is named after the late J. Steven Walraven, an active community banker who exemplified pro-fessionalism and community involvement. To compete, employees must write a short essay on how community banking has impacted their life and how it will enable them to give back to their community. These scholarships are a tremendous opportunity for CBA to promote independently-owned community banking and for banks to put the community into com-munity banking. Please visit www.cbaofga.com to download the applications, and encourage students and full-time employee students to apply!

Applications should be returned to your bank no later than Friday, April 8, 2016. All completed applications should be submitted to CBA no later than Friday, April 15, 2016. Only complete applications will be accepted. A panel of independent judges will review the applications and winners will be announced in May 2016.

For more information on either of these scholarships, contact Tony Moore at CBA by [email protected] or (770)-541-4490. CBA’s Leadership Division proudly assists with the scholar-ship initiative.

2016MEMORIAL

SCHOLARSHIP

FUND

2015 Scholarship Winners


Macon Hoschton Albany

7th Annual SPRING REGIONAL LUNCHEON MEETINGS

& PAC/PR GOLF TOURNAMENTS

March & April 2016

JBSpring Regional Luncheon Sponsor

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Survey participants received a free copy!$250 for CBA Members $350 for Non CBA Members

Contact Lindsay Greene at (770) 541-0376 or [email protected] for more info.

Have you ordered your copy of the 2015 Georgia Community Bank Salary Survey?

2016 Spring Regional Luncheon Meetings & PAC/PR Golf Tournaments Scheduled!These meetings are a fantastic way to learn about current legislative issues, industry trends and various hot topics. There will be ample time for networking and making new connections as well as catching up with friends. We’re excited to announce pre-sentations from:Bob Koncerak, President, Cold River Land, Alpharetta - “Avoiding Collateral Damage – Things We Have Learned”More information on the second speaker coming soon.New in 2016, we’re adding a bit of comic relief to the agenda. You don’t want to miss hearing recently retired Georgia community banker and long-time friend of CBA, Neil Joiner, recount some of his hilarious tales from his life and career – “I’m Coming Clean – Neil Joiner Tells All!” And, don’t forget to sign up for the PAC/PR golf tournaments, too! The CBA main-tains the only state PAC working exclusively for Georgia’s community banks.Monday, March 28, Idle Hour Country Club, Macon – With Golf & DinnerWednesday, April 13, Reunion Golf & Country Club, Hoschton – With Golf & DinnerWednesday, April 20, Doublegate Country Club, Albany – With Golf & DinnerRegistration is open! Be on the lookout for more information to arrive at your of-fice in the next few weeks. For golf tournament sponsorship opportunities, contact Lindsay Greene at 770-541-0376. For general information, contact Peake Wilson at 770-541-0379.


2016 Semiannual PAC/PR Clay Shoot Helping Georgia Community Banks Stay on Target!

The Spring Clay Shoot is scheduled for Thursday, March 24, 2016, at Wynfield Planta-tion in Albany. Come out and join your colleagues and peers for a fun spring day of clay shooting and networking – all for a great cause! Proceeds benefit CBA’s PAC & PR Funds and, as you know, the CBA of Georgia maintains the only state PAC working exclusively for Georgia’s community banks. Now more than ever, it is imperative we have a strong voice at the State Capitol. Your participation, whether you shoot or sponsor, will help the community banking industry continue to thrive in our state.

“The banking industry continues to deal with challenges on issues that will have a profound effect on how we do business as community banks in the future. The Community Bankers Association of Georgia’s Political Action Committee (CBA PAC) is a vital tool for educating members of the Georgia Legislature about the issues and concerns of the state’s community banking industry. The PAC/PR funds help CBA educate policymakers, promote our advocacy efforts and support those members of the Georgia Legislature who know the impor-tance of maintaining a robust and healthy financial industry.” - Jason D. Rooks, Vice President-Commercial Lending, Flint Community Bank, Albany; CBA Leadership Division 1st Vice Chairman

Community Bank Leadership Academy 2016 Sessions Have Been Scheduled!

Quarter 1 Wednesday, March 16, Idle Hour Country Club, Macon Will feature Philip Smith - Gerrish McCreary Smith P.C. and Stephen Nikitas - Harland Clarke

Quarter 2 38th Annual Leadership Division Convention & Mini-Trade Show (see page 10 for more information)

Quarter 3 Wednesday, August 17, Idle Hour Country Club, Macon Will feature Dianne Barton, Performance Solutions and

Patrick Dix, SHAZAM

Quarter 4 Wednesday, October 19, Idle Hour Country Club, Macon More information coming soon.

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BENEFITS OF PARTICIPATION IN CBLA• Gain knowledge to enhance your leadership skills and strategic thinking to prepare you for

your next leadership role• Learn from local and national industry instructors, coaches, mentors and peers• Stay abreast of industry hot topics• Network with other community bank leaders• Receive CPE/CLE Credits upon request• Understand the importance of succession planning, and• Much more!

Registration Fees (all packages include lunch and cash prizes):

$135 per shooter (morning or afternoon flight)$500 per team of four at registration (morning or afternoon flight)

Overall Highest Scoring Team will be awarded $400; Second Highest Scoring Team will be awarded $200. We encourage you to invite your clients and po-tential clients to join in the fun and register a team of four.

Registration is now open. Register today!

Premier Sponsor 12-Gauge Sponsor

Thanks to our Sponsors!!

Sponsorships Available!Contact Lindsay Greene at [email protected]

for sponsorship information.


CBA's Leadership Division will be in Orlando Wednesday - Sun-day, June 22 - 26, 2016 at Disney's Contemporary Resort. The convention will include the popular Mini-Trade Show, dynamic speakers, Disney character appearances, family banquet and much more!

Mark Your Calendar for CBA's 2016 Conventions!

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38th Annual Leadership Division Convention & Mini-Trade Show

Saturday KeynoteCOACH BILL CURRY, former NFL and NCAA Football Coach and former ESPN Sports Analyst

Bill Curry has spent his entire adult life as a leader and communicator. His NFL career included two Super Bowl titles and a stint as the President of the NFL Players Association. Bill served as head football coach for Georgia Tech (’80-’86), the University of Alabama (’87-’89), and the University of Kentucky (’90-’96). In 1989, Bill was recognized as the nation’s top coach with the Bobby Dodd National Coach of the Year Award. From 1997 to 2008, Bill came into millions of homes each football Saturday as an analyst for ESPN. In Sep-tember 2006, the American Football Coaches Associa-tion announced Bill as the recipient of the 2007 Amos Alonzo Stagg Award in honor of his outstanding service toward the advancement of the best interests of foot-ball.

In June 2008, Bill was selected to be the inaugural head coach of Georgia State University’s new football pro-gram. Bill’s book – “Ten Men You Meet in the Huddle” – was released in August 2008 by ESPN Books and was praised by author Pat Conroy as “the best book about the NFL” that he ever read.

In March 2013, Bill joined former player Pete Well-born and communications expert Jeff Battcher to form Curry, Wellborn & Battcher, LLC, a company offering leadership and success training and sports-related cri-sis communications services.

EmceeDAVID PETERSON, Chief Strategic Officer, i7strategies, Hahira Once again, we are pleased to have David join us and emcee our Convention. A dy-namic and engaging presenter, David has

led dozens of strategic planning sessions and workshops for both banks and service providers. He has been a fea-tured keynote speaker for numerous associations, bank-ing schools and industry trade groups, including ICBA, NACHA, BAI, FDIC and the Federal Reserve Bank as well as numerous state and regional electronic payments organizations across the country. He has also emcee'd numerous conferences for organizations such as Gold-leaf Technologies, GACHA, and Q2. His extemporaneous style creates an environment where the program moves smoothly with a relaxed, fun atmosphere.

Friday KeynoteMICHAEL BROOME is a poignant and hu-morous speaker focusing on attitude, ser-vice, teamwork and leadership. Since 1979 he has addressed over 3,000 audiences throughout the world. His passion is to

inspire people to maximize their potential, be servant/leaders, and achieve a life balance. Through the years Michael has been guided by the words of a mentor who advised, “If your philosophy of success doesn’t work in your life, don’t export it.” Most audiences sense wheth-er the speaker walks the talk. Michael only advocates principles that he believes and practices. Even his staff will testify that he genuinely practices what he preach-es… most of the time. Though he advocates optimism, Michael does not believe everything is always “GREAT!” Life can be difficult. He acknowledges problems, chal-lenges his audiences, and offers realistic strategies. He says, “Attitude is not everything. Attitude and compe-tence is everything.” He emphasizes the need for tenac-ity and continued learning, especially during economic

trials. To those willing to trudge the extra mile, history shouts, “This too shall pass!”

In his book, Be a Liver of Life, Not a Gallbladder, he sums up his philosophy, “Wealth has certainly created more happiness than poverty, but the greatest success is when our life overflows with things that money can-not buy.”


© Copyright 2015. CBIZ, Inc. NYSE Listed: CBZ. All rights reserved.

Todd Gordon770.858.4801

[email protected]

Kris St. Martin763.549.2267

[email protected]

Wishing you and your employees good health

& success in 2016!GROUP HEALTH & WELFARE

HEALTH CARE REFORM

BANK INSURANCE SERVICES

PRICING:First Attendee: $495*Exhibitor: $1195* (includes Mini-Trade Show and all Convention Functions)Each Additional Attendee from same Bank/Company: $425* Spouse: $75Children 17 and under are FREE!Adult Children 18+, Family Member & Guest: $100 each**PAC/PR Run: $20 in advance; $25 onsite

*Non CBA Members, add $200 to each registration.**This fee applies to children 18 and over and additional family members/guests joining you for any function; any representative employed by your bank/company will be billed as an Additional Attendee and not as a Guest.

Disney Theme Park Information & Tickets:For CBA-specific Disney offers and information, visit http://www.mydisneymeet-ings.com/communitybankers16 For Theme Park Ticket information, visit http://disneyurl.com/cba16

Disney's Contemporary Resort Info: For single/double occupancy - $250 per night. There is a $25 per person, per night fee for additional occupants (18+). All rates are taxable. The deadline to receive the discounted rate is Monday, May 23, 2016. For reservations, contact Group Reserva-tions at (407) 939-4686 and mention “CBA Annual Leadership Division Convention” to receive the group rate.

Agenda at a GlanceWednesday Afternoon & EveningConvention RegistrationLeadership Division Board of Directors Meeting & Dinner (by Invitation Only)Thursday Afternoon & EveningConvention RegistrationExhibitor Set-UpOpening Reception Chairman’s Family Buffet DinnerFamily-Friendly Entertainment

Leadership Division Convention

Friday Morning 5k & Fun Run – ON A NEW DAYExhibitor Set-UpHot Breakfast Buffet with Exhibitors General SessionMini-Trade Show & Networking BreakFriday Keynote Address – Michael BroomeFriday AfternoonAfternoon & Evening Free

Saturday Morning Continental Breakfast with Hot ItemGeneral Session7-Minute SpotlightSaturday Keynote Address – Coach Bill CurryConvention Adjourn – Afternoon & Evening Free SundayDepartures


48th Annual Meeting & Trade Show

EmceeKEVIN MOLAND, Director of Product Man-agement for the Enterprise Payment Solu-tions division of Jack Henry and AssociatesAt Jack Henry, Kevin brings to bear three de-cades of experience designing online and mo-

bile financial solutions. Since joining the financial software industry in the early 1990’s, Kevin has been a key player in the digital services revolution, providing product direction and design oversight for some of the nation’s premier on-line banking and commercial payments vendors. Kevin is also a featured speaker at conferences, seminars and user group meetings, where he provides educational content and motivational messages. Kevin’s informal style, engag-ing wit and keen story-telling skills make him a fabulous choice for this year’s Annual Meeting Emcee.

TWO NEW BONUS FEATURESIn addition to the traditional networking fun, general ses-sions covering timely topics and inspirational keynote ad-dresses, we are thrilled to offer two new bonus features in 2016!

On Friday morning, we’ll host a Bankers’ Peer Group Meeting moderated by Dianne Barton, Founder & President, Performance Solutions, Kennesaw. Dianne has taught many schools and seminars for CBA and other associations and brings with her a wealth of industry

knowledge and experience. Performance Solutions is a training and consulting company that specializes in pro-viding solutions to the key challenges facing community banks today in attracting and servicing their customers. Before starting Performance Solutions in 1983, Dianne held senior positions with Bank South Corporation, the In-ternal Revenue Service, and the John H. Harland Compa-ny, where she introduced the highly acclaimed Officer Call Program. Her expertise in customer service, leadership and sales and service culture development is recognized as leading edge by both national banks and community banks.

Join CBA and your peers at the 48th Annual Meeting & Trade Show July 20 - 24, 2016 at the Fairmont Southampton. Bermuda is the At-lantic's most charming island and just a short flight from Georgia. The Fairmont Southamp-ton is perched on Bermuda's stunning south shore with miles of pink sand beaches. Don't forget - a passport is required.

On Saturday morning, CBA will host a Bank Director Break-Out Session moderated by Philip Smith, President, Gerrish McCreary Smith Consultants and Attorneys, Mem-phis, TN. Philip has taught and/or facilitated numerous Bank Director sessions for CBA

and we are thrilled to have him join us for this first-ever Bank Director Break-Out Session.

Philip is the President and a member of the Board of Di-rectors of the Memphis-based law firm of Gerrish Mc-Creary Smith, PC, and its affiliated bank consulting firm, Gerrish McCreary Smith Consultants, LLC. His legal and consulting practice places special emphasis on bank mergers and acquisitions, financial analysis, acquisition and ownership planning for boards of directors, strate-gic planning for boards of directors, regulatory matters, bank holding company formations and use, securities law concerns, new bank formations, S-corporations, going private transactions, trust preferred securities and other matters of importance to banks. Philip is the author of a monthly electronic newsletter, The Chairman’s Forum Newsletter, which discusses key topics impacting finan-cial institutions. He is a Summa Cum Laude graduate of the Barret School of Banking where he has been a mem-ber of the faculty. He has also served as a member of the faculty of the Pacific Coast Banking School, the Colorado Graduate School of Banking, the Southwestern Graduate School of Banking and the Wisconsin Graduate School of Banking. Philip will also be a general session presenter at this Convention.


48th Annual Meeting & Trade Show

PRICING:First Attendee: $795*Exhibitor: $1195* (includes Trade Show and all Convention Functions)Each Additional Attendee from same Bank/Company: $695*Spouse: $200Children 17 and under attending Thursday Night and Saturday Night: $75 eachAdult Children 18+, Family Member & Guest attending Thursday Night and Saturday Night: $150 each**

Flight information for Bermuda will be available soon, be on the lookout! And, don't forget to update your passport!

Fairmont Southampton Resort Info:For single/double occupancy - $309 per night for a standard room; other rates are available for various room types - please call CBA for more information. There is an additional fee for third and fourth occupants 19 years of age and older. Maximum occupancy is four (4) persons per room. *All reservations are subject to a mandatory resort levy of $12 per person, per night and a mandatory per person, per night gratuity (varies by room type)*. All rates are tax-able. The deadline to receive this discounted rate is Sunday, June 19, 2016. For reservations, contact the Global Reservations Center at (800) 441-1414 and mention "Community Bankers Association of Georgia" to receive the group rate. (*Resort levy and gratuity may be higher based on the room type you reserve, and both are subject to change without notice.)The preliminary brochure has been mailed, but more information is on its way! We are working to put together the most relevant topics and finest speakers for the benefit of all our members - more comprehensive brochures will be mailed out when event details are finalized. If you are interested in exhibiting or sponsoring, please contact Lindsay Greene – [email protected] or (770) 541-0376. For all other inquiries, please contact Peake Wilson – [email protected] or (770) 541-0379. We can't wait to see you!*Non CBA Members, add $200 to each registration.**This fee covers only the two evening meal functions noted. Children, family members and guests attending any other function of the convention will be billed as an Additional Attendee.

Agenda at a GlanceWednesday Afternoon & EveningConvention RegistrationBoard of Directors Meeting & Dinner (by Invitation Only)

Thursday Afternoon & EveningConvention RegistrationExhibitor Set-UpOpening Reception & Dine-Around

Friday Continental Breakfast with Hot Item General SessionBankers’ Peer Group Meeting7-Minute SpotlightFriday Keynote Address Golf TournamentAfternoon & Evening Free

Saturday Hot Breakfast BuffetBank Directors’ Break-Out SessionGeneral SessionSpouse Program7-Minute SpotlightSaturday Keynote Address Afternoon Free Chairman’s Reception & DinnerEntertainment

SundayDepartures

With a wide variety of creative opportunities to promote your company’s products and services, you are certain to reach your target audience in the most cost-effective way. Customize your own advertising and sponsorship package for 2016. CBA has flexible options at a variety of price points.

Consider gaining exposure through education events, networking, as well as print and digital marketing.

Don’t miss out! For more information, call Lindsay Greene at (770) 541-0376 or email [email protected].

Target Your Audience!Make the connection with advertising and sponsorships from CBA!

14 | www.cbaofga.com |Winter 2016Note: Dates/Topics subject to change.

CBA is committed to superior customer service and has been a leader in webinar training for over a decade. Webinars are

designed for most positions in a community bank from the teller line to the board room. Speakers are industry experts with long-term, real-life, hands-on experience. Benefits of participating in a CBA webinar are:

• Easy to use, time effective, cost effective, convenient, interactive,

• Current topics delivered by experienced speakers,

• Continuing Professional Education Credits, • Take-Away-Toolkit (consists of an employee training log and

a quiz to measure staff learning), • Webinar series for Bank Directors, Compliance Professionals,

Risk Managers, Leaders, and much more!

Register today for a webinar training option that best meets your training needs! For the most current listing of webinars, visit www.cbaofga.com.

Affordable, Professional Training, When and Where You Choose!2016 CBA WEBINARS

JANUARY 20165 New Unauthorized ACH Rules: Impact on Return Rates & Fee Threshold

7 Record Retention & Destruction Rules: Electronic & Paper

12 Avoiding Compliance Violations in Advertising

13 Debt Collection Series: The Essentials of Collection Law

14 Cyber Series: Maximizing Cyber Security Soundness & Minimizing Incidents

20 IRA & HSA Update & Review 2016

21 Adjustable Rate Mortgage (ARM) Rule Changes Effective April 1

26 Demystifying Rules for TRID Tolerances

27 Completing the CTR Line-by-Line

28 Director Series: Managing Reports to the Board: Requirements, Timing, Delivery Options, Risks & Concerns*

FEBRUARY 2016 2 Denied Loan Requirements: Consumer, Commercial & Real Estate

3 Dealing with ACH Tax Refunds: Exceptions, Posting & Liabilities

FEBRUARY 20164 HR Series: Managing & Administering Employee Compensation & Benefit Programs

9 Medallion & Signature Guarantee Rules & Risks

10 Special Edition: Handling Debit Card Chargebacks

11 New Compliance Officer Boot Camp

17 HVCRE Appraisal Review: Issues & Case Studies

18 Audit Compliance Series: Overseeing Bank Performance: The Role of Audit

23 Determining Cash Flow from Personal Tax Returns Part 1: Schedules A,B,C & D

24 Call Report Series: 2016 Call Report Update & Revisions

25 Understanding Personal Account Ownership & FDIC Rules

MARCH 2016 1 Telephone Consumer Protection Act: What You Need to Know About the New Requirements

2 How to Complete & File UCC-1 Financing Statements

3 Required Compliance for Commercial Loans Secured by Real Estate

MARCH 20168 Director Series: What Directors Should Know About CECL, ALLL & New Credit Impairment Standards

9 Post EMV Card Liability Shift: Managing & Mitigating Card-Not-Present Fraud

10 SBA Lending Update: Regulations, Trends & Overview of SBA One

14 Audit Compliance Series: Auditing for TRID Compliance

15 Quarterly Emerging Leader Series: Developing Executive Presence Skills: Presentations, Poise & Professionalism

16 Determining Cash Flow from Personal Tax Returns Part 2: Schedules E & F

17 Flood Insurance Compliance Update & FAQ's

22 Cyber Series: Outsourcing Tech Services: Regulations, Examiner Expectations & Actions for Vendor Management

24 Developing Your Same-Day ACH Game Plan

29 Debt Collection Series: Your Customer Has Filed Bankruptcy. Now What?

MARCH 201630 Hot Topics in Social Media Strategies: Techniques & Trends for Community Banks

APRIL 20165 Managing IRA Beneficiary Designations & Distributions

6 Completing the SAR Line-by-Line

7 Audit Compliance Series: Auditing Basel lll & the New Capital Planning Guidelines

12 The Top 10 Credit Risk Considerations in Agricultural Lending

13 ACH Rules Update 2016

14 Your Depositor Has Died: Actions to Take, Mistakes to Avoid

19 Special Edition: New Federal Regulations Targeting Student Accounts, Including Debit & Prepaid Cards: Effective July 1, 2016

20 HR Series: Managing Absenteeism & Leaves of Absence

21 Effective Management of Credit Report Disputes

26 Call Report Series: Examining Bank Assets, Liabilities & Income in Call Report Preparation

APRIL 201628 Regulator Expectations for Risk Assessment: Policies, Procedures & Steps in Obtaining Board Approval

MAY 20163 Loan Participation Due Diligence: Practices, Documentation, Servicing & Risks

5 Conducting the Annual Physical Security Review

10 Quarterly Emerging Leader Series: Effective Branch Administration Monitoring

11 Fee Income Strategies 2016: Challenges, Issues & a Look Ahead

12 Regulator Issues for the Credit Analyst

17 Director Series: Strategies for Remaining Independent: Alternatives to Selling*

18 Managing the Force- Placed Insurance Process

19 Wire Transfer Compliance, Including International Remittances

24 Audit Compliance Series: Developing Quality & Efficiency in Your IT Audit


MAY 201625 Debt Collection Series: Real Estate Loan Workouts, Deeds in Lieu, Short Sales, Foreclosures, Deficiency Judgements & Receiverships

26 Understanding & Managing the CFPB Complaint Process

JUNE 20162 Business Accounts: Who is Authorized to Open, Close, Transact? 7 Health Savings Accounts: Basics, Rules, Reporting, Tax Consequences & Health Care Reform Considerations

8 Cyber Series: FFIEC Cyber Security Risk Assessments: Recent Findings & Recommended Actions

9 Commercial Appraisal Review: Income & Sales Comparison Approach 14 ACH Rules for Deceased Accountholders & Federal Government Payments

16 Loan Servicing Risks, Controls & Common Pitfalls

21 HR Series: Compliance & Legal Issues in Employee Screening Pre & Post Hire

22 Regulator Guidance of HVCRE: Issues, FAQs & Clarification of Basel lll Standards

23 Call Report Series: Preparing Call Report Basic Lending Schedules: Coding, Classifications & Loan Loss Allowance

28 Skills & Tools for Improving Teller Performance

30 Understanding FCRA Permissible Purposes in Obtaining Credit Reports

JULY 20166 Attracting & Retaining Key Management

7 Treasury Services: New Delivery & Service Models for Cash Management

JULY 201612 Privacy Notice Compliance: Content & Delivery

13 Bank Financial Accounting Essentials

14 Director Series: Board Oversight & Responsibility for ACH Risk*

19 Analyzing & Managing Escrow Accounts for Overages, Deficiencies & Delinquencies

20 Countdown to Same-Day ACH: Deadline September 23, 2016

21 Debt Collection Series: Advanced Collection Concepts, Compliance & Risks

26 Understanding Letters of Credit: Rules Responsibilities & Liabilities

27 Risks & Precautions for Endorsements & Other Negotiable Instruments

28 Commercial Credit Grading: Methodology, Risk & Examiner Issues AUGUST 2016 2 Quarterly Emerging Leader Series: Establishing New Product & Service Controls

3 15 Errors to Avoid When Conducting Internal Investigations

4 E-Mail Risks, Rules, Records & Regulations

9 Legally Handling ATM & Debit Card Claims Under Regulation E

11 HR Series: Performance Management: Developing Future Leaders

16 Essential Compliance Regulations for the Frontline

17 Call Report Series: Understanding Call Report Regulatory Capital: Standards, Ratios, Risk Weighting 18 The Application Process for the New Mortgage Lender: Mortgage Application 1003 Line-by-Line

AUGUST 201623 Audit Compliance Series: Auditing for BSA Compliance

25 Complying with Final Military Lending Act Rules Changes Effective October 3, 2016

30 IRA Conversions & Recharacterizations: Understanding Requirements & Avoiding Errors

31 Protecting the SBA Guaranty Start to Finish SEPTEMBER 2016 1 Consumer Loan Documentation

7 Debt Collection Series: Best Practices for Garnishments & Levies: Getting It Right!

8 Essential Compliance Requirements for Lenders 13 Cyber Series: Mobile Remote Deposit Strategies: Technology, Deployment Models & Risks

14 Navigating Compliance Issues for Promotions, Bonuses, Contests & Sweepstakes

15 Writing Effective Credit Memos & Loan Narratives

20 ACH for the Frontline

21 MSB Due Diligence & Monitoring for Community Banks

22 Director Series: Director & Officer Liability: Rules, Risks & Trends*

27 Maximizing LinkedIn to Build a "Social Selling" Culture

28 Handling Dormant Accounts, Unclaimed Property & Escheatment

29 Clarifying Signature Card Confusion for Personal & Business Accounts: Compliance, Account Titling & Ownership

OCTOBER 20164 Avoiding the Top 10 Legal & Compliance Mistakes in the E-Statement Process

6 Essential Compliance Regulations for Deposit Operations

12 Call Report Series: Complying with Complex Call Report Lending Schedule Preparation

13 Indirect Lending: Rules, Rewards, Risks

18 HR Series: Essential HR Recordkeeping from Hiring to Firing

19 Liquidity Funding Concerns in a Rising Interest Rate Market

20 Understanding Title Insurance Policies, Commitments & ALTA Endorsements

26 Opening Trust Accounts: Documentation, Signatories & FDIC Insurance Coverage

27 Debt Collection Series: Maximizing Recoveries on Charged-Off Loans

NOVEMBER 20162 Cyber Series: Customer Authentication & Validation: The New Normal in Risk Mitigation

3 Notary Essentials & Legalities for Community Banks

8 Audit Compliance Series: Developing a Risk-Based Compliance Audit Process for Deposits

9 Quarterly Emerging Leader Series: FFIEC Reporting & Guidance for CRA Compliance 15 Director Series: What the Board Needs to Know to Manage IT* 16 Appraisal & Evaluation Guidance on Collateral Valuation: Lender & Board Perspectives

17 Recognizing & Responding to Elder Fraud: What every Staff Member Should Know

NOVEMBER 201622 Handling ACH Exceptions & Returns: Unauthorized, Revoked, or Stop Payment?

29 Annual Robbery Training for All Staff: Meeting Your Bank Protection Act Requirements

30 Top 10 IRA Issues: Compliance, Reporting, Death & Distributions

DECEMBER 20161 The CFPB's Four D's of Fair Lending: Deceptive Marketing Debt Traps, Dead Ends & Discrimination 6 HR Series: Rewarding & Retaining the Best Employees

7 Call Report Series: Improving the Call Reporting Process: Documentation, Efficiency, Accuracy, Common Errors & FAQs 8 Powers-of-Attorney In-Depth: Good Faith, Fraud & Fiduciary Capacity

13 Cyber Series: Meeting Federal Requirements for Tech-Based Marketing: Websites, Social Media, Robo Calls & More

14 Loan Review: Consumer, Commercial & Real Estate

15 Branch Transformation: Strategies for Moving from Transaction Centers to Customer Engagement Centers

20 The Growing Scope of Vendor Management: Business Continuity, Cyber Security, Contract Negotiation & More

21 Essential Compliance Training for the Board & Senior Management

* Director Series webinars are scheduled from 10:00-11:30 AM Central Time.

To learn more or to register, visit www.cbaofga.com or contact Jodi Swilley at [email protected] or 770-541-4492.


CLASSROOM 8th Annual CBA Bank Directors’ & Executive Management ConferenceWednesday, March 23, 2016The Cobb Energy Performing Arts Centre, Atlanta

48th Annual Meeting & Trade ShowWednesday-Sunday, July 20-24, 2016Fairmont Southampton Resort, Bermuda

7th Annual CBA Georgia Bank Directors’ CollegeMonday, August 22, 2016The Ritz-Carlton Lodge, Reynolds Plantation, Greensboro

2016 CBA Bank Director Training Opportunities

WEBINAR SERIES FOR BANK DIRECTORS (Attend the Live webinar or purchase the web link. Purchase all six webinars and get one free!)

Date Topic 1/28 “Managing Reports to the Board: Requirements, Timing, Delivery Options, Risks & Concerns”3/8 “What Directors Should Know About CECL, ALLL & New Credit Impairment Standards” 5/17 “Strategies for Remaining Independent: Alternatives to Selling”7/14 "Board Oversight & Responsibility for ACH Risk”9/22 “Director & Officer Liability: Rules, Risks & Trends”11/15 “What the Board Needs to Know to Manage Information Technology”

To learn more about these programs, visit www.cbaofga.com or contact the CBA.

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As we begin to put more distance between our organizations and the past financial crisis, it is time that we all face and deal with reality. That means appropriately planning for where we are now and where we are going to be in the future, looking at past mistakes and improving upon those in the future, dealing with the current acquisition market whether we want to sell our organization or remain independent, and dealing with a host of other new risk-oriented facts. In this year's 8th Annual Bank Directors' and Executive Management Conference, national and local industry experts will touch on those and related issues and provide critically important information for officers, directors and other members of senior management. In today's environment, more than ever, a well-trained bank board and management team is one way to ensure a bank's success. The CBA and Gerrish McCreary Smith have been leaders in bank director and executive management training for decades. We invite you to make plans now to join us on March 23rd. This one-of-a-kind event will provide you with proven strategies and ideas for you to consider as you plan for 2016 and beyond. Plus, you will have an opportunity to network with other bank directors from community banks located all across Georgia.The Community Bankers Association of Georgia (CBA) is pleased to partner once again with Philip Smith, President, Gerrish McCreary Smith, PC, and its affiliated bank consulting firm, Gerrish McCreary Smith Consultants, LLC, Memphis, TN, to offer the 8th Annual Bank Directors' & Execu-tive Management Conference designed specifically for Georgia Community Bank Directors and Executive Management. To learn more and to register visit www.cbaofga.com or contact the CBA. We look forward to seeing you on March 23rd in Atlanta. TOPICS TO BE COVERED• “Facing Old Realities: What We Should Have Done” • “Risk Management & the Committee Process - What Directors

Need to Know”• “Regulatory Update: "A Conversation with Commissioner Hagler”

• “Utilizing Data for Compliant Real Estate Evaluations While Growing Your Loan Portfolio”

• “Community Bank Independence: A How-To Guide”• “Facing New Realities: Dealing With the M&A Market”• And, Much Much More!!

WHO SHOULD ATTEND Bank Directors, Presidents & CEOs, Chief Financial Officers, Chief Lending Officers, Hu-man Resource Officers, Risk Managers and Bank Counsel. Any member of the bank's executive management team and Board of Directors will benefit from this conference.

SCHEDULE 7:30 a.m. Registration/Continental Breakfast 8:00 a.m. Program 11:30 a.m. Lunch 12:30 p.m. Program 4:00 p.m. Adjourn (Dinner at Your Leisure)

TESTIMONIALS“The conference was “spot on” in addressing real issues faced by community banks in our present regulatory and compliance environment.” Sam Beall, Bank of Dudley

“Relevant and informative.”Angela Holguin, Holguin Consulting, Inc., Peachtree City

“Great overview of current issues affecting banks.”Ron Quinn, Peach State Bank & Trust, Gainesville

THANK YOU TO OUR SPONSORS!

Meet the Speakers:

Philip K. Smith PresidentGerrish McCreary Smith Consultants and AttorneysMemphis, TN

Karl Nelson CEO, KPN Consulting, Atlanta

Kevin Hagler Commissioner,Georgia Depart-ment of Banking and Finance, Atlanta

Jimmy SawyersCo-Founder,Sawyers & JacobsCollierville, TN

David Kemp President,Bankers Man-agement, Inc. McDonough

Jason PruittEnterprise Solu-tions Specialist,CRS Data, Woodstock

Greyson TuckAttorney, Gerrish McCreary Smith, PC, Attorneys and Gerrish McCreary Smith Consultants, LLC, Memphis, TN

Scenes from the 2015 Bank Directors’ & Executive Management Conference

SPONSORSHIPS STILL AVAILABLE!• Continental Breakfast: $700 (includes one registration)• Morning Break - $350 To become a sponsor, contact Lindsay Greene at the CBA.

Lunch Sponsor Afternoon BreakName Badges

“FACING REALITY”

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ATTENTION LENDERS: MAKE PLANS TODAY TO ATTEND CLASSES AND SCHOOLS DESIGNED SPECIFICALLY FOR

COMMUNITY BANK LENDERS!

Monday - Friday, February 29 - March 4, 2016Julian Hester Training Center at CBA Headquarters, Atlanta

Consumer Lending School

Inaugural Mortgage Lending School

Monday-Wednesday, March 29 - 31, 2016Julian Hester Training Center at CBA Headquarters, Atlanta

Commercial Real Estate (CRE) Appraisals:Reviewing & Interpreting

Wednesday, February 24, 2016 • The Brickyard Club, Macon

Tuesday, April 12, 2016Idle Hour Country Club, Macon

Home Mortgage Disclosures Act (HMDA)

CBA 2016 Compliance Program

. . . your next strategic move.

M E M B E R S H I P N O W O P E N !

Compliance Program I: Complying with Mortgage Integrated Disclosures

Held in Five Cities: 4/13– Macon; 4/14 - Savannah; 4/19 – Tifton;

4/20 –Duluth; 4/21 Rome

Plans are well underway for the 2016 CBA University lending training programs. These programs have been designed to train lenders on how to develop and enhance the skills necessary to successfully administer quality consumer, commer-cial and mortgage loans in today's community bank. Below are just a few of the lending training programs being offered February - April 2016. The CBA University also offers a variety of lending topics via the CBA Webinar Program. We invite you to make plans today to join us for one or all of these lending training opportunities. To learn more and to register, visit www.cbaofga.com or contact Jodi Swilley, CBA Director of Education & Professional Development at [email protected] or 770-541-4492.

January - April 2016 CBA Training Opportunities for Lenders

CPE Credits

Available

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Commercial Lending School

April 25 - 29, 2016 at CBA Headquarters, Atlanta


3rd annual

womenin bankingseminar

Thursday, March 10, 2016Idle Hour Country Club

Macon, GA

A Seminar Focused on Educating Women in Today’s Business World.

Cathy Adams Executive Vice President and Chief Operations Officer Federal Home Loan Bank of Atlanta

Topic: By the Numbers: Essential ResilienceCathy oversees Information Technology, Human Resources, Financial Operations Management,

Property Management and Staff Services functions for the Federal Home Loan Bank of Atlanta.She joined the bank in 1986, and she has held several high-level positions including Senior Vice President of Staff Services, Group Vice President of Human Resources and Administrative Services and Vice President and Director of Human Resources. Previously, she was a branch manager for Georgia Federal Bank and Training & Savings Operations Manager for United Federal Savings Bank. A native of Lyons, Ga., Cathy earned a Bachelor's degree in business administration from Tift College and a Master of Business Admin-istration from Georgia State University. She also holds certification as a Senior Professional in Human Resources and a Certified Com-pensation Practitioner.

Additional sponsorships are available! Contact Lindsay Greene (770) 541-0376 to learn more.

For general information, contact Peake Wilson (770) 541-0379.

Check out these photos from the 2015 Women in Banking event!

“Not only is this event educational and inspiring, it’s also a lot of fun! I thoroughly en-joy the networking and love making new friends who have similar interests and goals. I can’t wait to see what Cathy, Jodie and Gaye have in store for us!”

- Debra Weil, City President, Planters First Bank, Fitzgerald

2016 Agenda:9:30 - 10:00 am Registration/Continental Breakfast10:00 - 10:05 am Welcome10:05 - 10:55 am Cathy Adams10:55 - 11:10 am Break11:10 am - 12:00 pm Jodie Charlop12:00 - 1:00 pm Lunch1:00 - 2:00 pm Gaye Hanson2:00 pm Adjourn

Jodie Charlop Executive Coach & Founding Partner Exceleration Partners

Topic: Supporting A Gender-Rich Workplace - Critical Insights to Accelerate Women’s TalentsWith more than 25 years of experience in corpo-rate and professional service settings, along with

advanced study in psychology and human behavior, Jodie brings to her clients a unique understanding of communication, organization-al and system dynamics, human behavior, and business principles.Jodie’s real world business experience includes holding senior and executive level roles in professional services and technology firms, in both Atlanta and Silicon Valley. As founder of Potential Matters, Inc., Jodie built a thriving private coaching practice focused on helping professionals and emerging leaders build career resiliency and successfully evolve to positions of leadership. She launched a professional development and career strategy coaching program serving both 10+ year alumni and university stakeholders for the Emory University Alumni Association. She has served as faculty for the Emerging Leader Academy, University of Georgia, Terry College of Business, guest coach at the Goizueta Business School, Executive Education Program at Emory University and Georgia State Universi-ty, Robinson School of Business, and as guest lecturer at Kennesaw State University, Coles College of Business. Today, Jodie teams with her coaching and consulting partners at Exceleration Partners to deliver leadership programs that integrate best-practice tools and approaches to build strong leaders and teams. Jodie speaks regu-larly on topics of emotional intelligence, executive effectiveness, career strategy, leadership development and power and influence.

Pricing:CBA Members $95 per person

Non CBA Members $115 per person

Gaye HansonGreat MotivationsTopic: Ignite the Winner Within You!Gaye is a dynamic speaker who has a unique ability as a master storyteller to bring the audi-ence on a ride through the joys and challenges of life that they won’t soon forget. Audiences

have been brought to laughter then to tears and back to laughter again as she shares personal stories of tragedy and triumph. Gaye’s motto is “Ignite the winner within you!” She has been described as dynamite and a “firecracker.” Her energy and enthusiasm super-charge every audience.

Speaker Jodie Charlop

Thanks to our Sponsors!

Luncheon Sponsor Continental Breakfast


Do You Know What CBA’s Leadership Division Is?The purpose of the Community Bankers Association of Georgia's (CBA) Leadership Division (LD) is to promote the advancement of tomorrow's financial industry leaders and to encourage and foster additional relationships between the CBA and its member banks. Membership in the LD gives representatives an opportunity to expand personally and professionally through networking, educational opportunities, political activism and awareness and community service. To learn more, please visit www.cbaofga.com and click on Membership, then Leader-ship Division Membership. You will gain a better understanding of the Leadership Division, what its benefits are and what the group accomplishes year after year. We invite all Georgia community banks to designate a Leader-ship Division Representative and join in the fun and be a part of a tremendously active and meaningful society. Membership in the Leadership Division is complimentary for CBA member banks.“It is an honor and a pleasure to chair the LD this year,” stated Kyle Ray, Vice President, First Bank of Dalton. “We are a very active group dedicated to completing our initiatives and reaching our goals every year. I want to take this opportunity to remind ALL bankers across Georgia that it’s not just about the LD Board of Directors…it’s about ALL CBA Leadership Division Representatives and members…I want it to be clear that every banker throughout Georgia is invited to join and participate in all our activities.”The LD’s initiatives are PAC/PR fundraising, Children’s Healthcare fundraising, Julian & Jan Hester Memorial Scholarship participation and Leadership Division Membership.The goals for 2015-2016 are as follows:

Please contact Peake Wilson at CBA’s office to learn more: (770) 541-0379 / (800) 648-8215; [email protected].

Raise $25,000 (net) Contribute $40,000 (net) Receive at least one scholarship application from each bank.

100% MembershipPAC/PR

Benefiting

2016 Leadership Division Chair Kyle Ray

At Stokes Carmichael & Ernst LLP, we have been bringing “The Power of Legal Knowledge®” to the challenges faced by the financial community in the areas of credit and collections, banking litigation, fraudulent conveyance litigation, bankruptcy representation, defense of lawsuits, and loan workouts since we opened in 1972.

Our clients appreciate the “Real World Legal Solutions®” that we bring to the myriad legal matters facing banks today. We welcome the opportunity to put our experience to work for you. Please contact us to discuss how we can help you optimize recoveries for your bank.

Stokes Carmichael & Ernst LLPscelaw.com

404.352.1465 [email protected]

THE POWER OF LEGAL KNOWLEDGE®

Hobbies? Family? My wife, Laurie, and I have been married for 24 years and we have two sons. Kyle (19) is a sophomore at the University of Florida and Jake (17) is a junior in high school. We have a dog (Rio) and a cat (Telly).

I am a long time Jacksonville Jaguar season ticket holder and enjoy tailgating with friends and family. I enjoy attending my sons high school football games on Friday nights and attend as many Gator games as possible on Saturdays, so weekends go by pretty fast in the fall. I also enjoy boating, fishing, tennis and golf.

To learn more about Triad Financial Services, contact

Keith Stayer, Senior Vice President, at 800-522-2013, or [email protected]

or visit www.triadfs.com

CBA Endorsed Member Company SPOTLIGHT

Getting to Know Keith Stayer

R. Keith Stayer, Senior Vice President

Keith and his family.

What does Triad do?Triad Financial Services, Inc. is a specialty finance company serving the manufactured housing industry since 1959. Triad assists prime credit, well-qualified buyers with the purchase of new or pre-owned manufactured homes in 42 states. We currently have over $1.3 billion in outstanding loans held by over 125 lending partners. These partners are mostly banks.

How do you help Georgia’s Community Banks?Triad partners with banks to grow and diversify their loan portfolios. We underwrite, process, close and fund loans before selling the higher yielding asset to the bank. A portion of Triad’s proceeds are retained by the bank in cash reserves to protect the portfolio against losses or prepayments. Our turnkey business model allows banks to grow their loan portfolios with no additional FTE and minimal operational expense. Our loan portfolios are secure, diverse and highly profitable. Triad’s lending partners have loan portfolios ranging from $5 million to over $200 million.

Tell us about Triad's products.The majority of Triad’s Loans are secured by newly constructed, factory built homes. These homes are built in a controlled environment according to strict HUD Standards and delivered to a private home site or a community. A common misperception is these homes are low-quality “Trailers” when in reality, these well-qualified borrowers have purchased one of the most efficiently-built, cost-effective and affordable housing options in today’s market, which is why the loans perform exceptionally well.

Tell us about your background with Triad.I have been with Triad over 7 years and have introduced our innovative lending program to numerous Financial Institutions throughout the U.S. Prior to joining Triad, I was with Synovus Financial where I worked in the Mortgage Division and later joined Synovus Bank as a Private Banker. Before Synovus, I was with NetBank, Inc. where I held leadership positions in Loan Operations, Loan Originations and Sales Management. Prior to NetBank, I was with Merrill Lynch Credit Corporation (“MLCC”) where I was a VP in Product Management and also held Supervisory Roles in Mortgage Loan Operations.

Enjoying a Jacksonville Jaguars game with his family.


When Georgia’s community bankers are looking to do business, they look to CBA Associate Members first. All Associate Members are board-approved companies who offer top-notch products and services designed to help community banks succeed.What’s more, CBA Associate Members support the association with their sponsorships, advertising, informative articles, and participation in CBA programs. We salute this group of professionals and offer our sincere gratitude!

A.D.E. Builders, Inc.

Acquisition Management Group, LLC

Aldridge Pite, LLP

All Real Estate Services, LLC

AloStar Bank of Commerce

Alston & Bird LLP

Ascension Insurance Inc.

Atris Technology

Auburn University, School of Accountancy

Baker, Donelson, Bearman, Caldwell & Berkowitz, PCBalch & Bingham LLP

BancCard

Bankers Healthcare Group, Inc.

Bankers-Insight Group, LLC

Banks Street Partners

Barret School of Banking

BAT Associates, Inc.

BBVA Compass - Correspondent BankingBDS Technology, Inc.

Berman Fink Van Horn P.C.

Better Homes & Gardens Real Estate Metro Brokers

BFS Group

Blanchard Consulting Group

BranchServ

Bryan Cave, LLP

Cantor Fitzgerald

Capital Partners CDC

Carr, Riggs & Ingram, LLC

Cash Transactions, LLC

CBIS - Community Bank Insurance Solutions

CBSi/TransUnion

CenterState Bank

CFS, Inc.

Churchill Stateside Securities, LLC

CNA Financial Corporation

Cold River Land, LLC

Compensation Advisors

Consolidated Banking Services, Inc.

Consultants & Builders, Inc.

Credit & Comp. Financial Resources, Inc

Crowe Horwath LLP

CRS Data

CSRA Business Lending

Cummins-Allison Corporation

Dabbs, Hickman, Hill & Cannon, LLP

Darnel Quick Recovery Inc.

Delta Global Staffing

Deluxe

DeNyse Companies

Dodgen Security Consulting, LLC

Drew Eckl & Farnham, LLP

Dynamic Environmental Associates, Inc.

Elliott Davis DecosimoEvans, Simpson & Associates, Inc.

Federal Home Loan Bank of Atlanta

FEMAC Security Solutions

First National Bankers Bank

FirstBank Mortgage Partners

Fiserv

Thank You, Associate Members!


Fowler, Holley, Rambo & Stalvey, PC

FTN Financial

Genesys Technology Group

Georgia Department of Community Affairs

Georgia Development Authority

Georgia Southern Univ. - College of Bus. Admin.Gerrish McCreary Smith, PC

GFG Strategic Advisors

GlassRatner Advisory & Capital Group, LLC

High Cotton

Holguin Consulting, Inc.

Homeowners Mortgage Enterprises, Inc.

Howe Construction, Inc.

Howick, Westfall & Kaplan, LLP

Hudson Parrott Walker

Hutchins Clenney Rumsey Huckaby, P.C.

Independent Community Bankers of AmericaInfinity Network Solutions

Intercept Consulting Group

Invictus Consulting Group, LLC

Jack Henry & Associates, Inc.

James-Bates-Brannan-Groover, LLP

Jones Walker LLP

King Computer

Kistler Financial Insurance Group, Inc.

Lee & Mason Financial Services, Inc.

Lloyd Associates

Macey, Wilensky & Hennings, LLC

Marlin Financial & Leasing Corp.

Martin Snow, LLP

Mauldin & Jenkins

McCalla Raymer, LLC

McLain, Calhoun, McCullough, Clark & Co., P.C.McNair, McLemore, Middlebrooks & Co., LLP

Midwestern Securities Trading Company

Miller & Martin PLLC

Moody's Analytics Solutions, LLC

Morris, Manning & Martin, LLP

MST

National Bank Products, Inc.

Nelson, Mullins, Riley & Scarborough, LLP

Nichols, Cauley & Associates, LLC

NYMBUS

Oxford Center for Entrepreneurs

PaymentsFirst

Pentegra Retirement Services

Perfect Image Printing

Performance Solutions Inc.

Point to Point Environmental

Porter Keadle Moore, LLC

Primary Capital Mortgage, LLC

Prime Contractors, Inc.

Priority Payment Systems

Professional Bank Services, Inc.

Promontory Interfinancial Network

Quirk & Quirk, LLC

QwickRate

Renasant Bank Mortgage Lending

Richard C. Wayne & Associates, P.C.

Robley Rigdon, LLC

Safe Systems

Saltmarsh, Cleaveland & Gund

Sandler O'Neill & Partners, L.P.

Secured Retirement Strategies Group, LLC

Securian Casualty Company

Securitas Financial Services, Inc.

ServisFirst Bank

SHARENET ATM

SIO Law Group, LLC

Southern Financial Systems LLC

Southwest Financial Services, Ltd.

Speaker Connection

Spectrum Financial Network, Inc.

Spivey, Pope, Green & Greer, LLC

Sterne, Agee & LeachSteve H. Powell & Company

Stokes Carmichael & Ernst LLP

Strunk LLC

Sugar Creek Capital, LLC

Superior Financial Systems

Sutherland Asbill & Brennan

The Baker Group

The Bankers' Resource Group LLC

The James Paul Group

The Plateau Group, Inc.

Thompson, O'Brien, Kemp & Nasuti, PC

TJS Deemer Dana LLP

Total Bank Solutions, LLC

Triumph Mortgage

Troutman Sanders LLP

UMS Banking

USDA - Department of Rural Development

VeriStor Systems

Warren Averett, LLC

Weissman, Nowack, Curry & Wilco, P.C.

Williamsburg / American Express Travel

Womble Carlyle Sandridge & Rice, LLP

CBA Endorsed Member Company has logo displayed.

Wish you were here!

Simply ensure your bank is represented at all five of these 2016 offerings and your bank automatically becomes a member of the CBA GO Club and earns the complimentary registration.

1. CBA Day at the Capitol – Wednesday, February 17th, Atlanta

2. Women in Banking Seminar - Thursday, March 10th, Macon

3. 8th Annual CBA Bank Directors’ & Executive Management Conference – Wednesday, March 23rd, The Cobb Energy Performing Arts Centre, Atlanta or 7th Annual CBA Georgia Bank Direc-tors College – Monday, August 22nd, The Ritz-Car-ton Lodge, Reynolds Plantation, Greensboro

4. A Spring Regional Luncheon (Gainesville, Macon or Albany)

5. 38th Annual Leadership Division Convention & Mini-Trade Show - Wednesday - Sunday, June 22nd – 26th, Disney's Contemporary Resort, Orlando, FL or three Community Bank Leadership Academy offerings (March, August or October 2016). Attendees can pre-register for August and October programs to qualify.

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Fowler WilliamsPresidentCrescent Mortgage, A CBA Endorsed Member Company

1. Disclose fees correctly the first time. Sounds simple, right? Don’t use a templated fee structure on loans as each are quite unique. You have three days in which to issue a Loan Estimate after receipt of application from the borrowers. Use three days and check your math.

2. Make sure you and your settlement agent collaborate on exact fees for their services, taxes and due dates. If your set-tlement agent is unwilling or unable to give you accurate fees up front, find a different settlement agent.

3. Communicate with all parties early and often. Timing, de-livery, and receipt of these disclosures can start a negative chain reaction if you are not communicating and watching the clock.

4. Remember to originate mortgages. It is easy to spend your time winding through the intracacies of the rule, however, at the end of the day we shouldn’t let it stop us from serv-ing our customers and facilitating the American Dream of home ownership.

The TILA – RESPA Integrated Disclosure (TRID) rule has now been implemented for most closed-end residential mortgag-es. So, why is it that the industry is still facing challenges given that the rule was first published two years ago, and now has been in effect for several months?

For those, like the Director of the Consumer Financial Protec-tion Bureau (CFPB), who believe it was simply a change to combine a Good Faith Estimate and Truth in Lending Disclo-sure into a “Loan Estimate” and the HUD-1 Settlement State-ment and Final Truth in Lending Disclosure into the “Closing Disclosure”, they have been proven wrong.

TRID combines a vague myriad of timing, delivery, receipt, calculations, rounding, heck - even font size rules into an al-ready complex mortgage manufacturing process. Banks and Mortgage Bankers across the country are having multiple is-sues that are making the new TRID process cumbersome to all parties involved.

Systems: All mortgage loan origination systems (LOS) have had serious issues surrounding the rule. Most believe the cause is the lack of clear and concise guidance from the CFPB that leaves some parts of the rule up to interpretation. Many LOS providers were not ready by implementation. Many are still making changes to the software several months into the rule.

Loan Document Providers: Often these document providers work with multiple LOS systems, all with slightly different in-terpretations and have had challenges mapping correct infor-mation from the systems to the new disclosures.

Settlement Agents: Settlement Agents who waited until the day of closing, or HUD approval in the past to finalize their fig-ures are causing a nightmare for lenders and borrowers alike. As a national lender it is very obvious to us which settlement agents were prepared, and which will soon become dinosaurs if they don’t get on board.

While parts of the new rules are vague, incomplete and frus-trating, they are not insurmountable to banks making every ef-fort to comply. Here are a few quick tips that I believe will save originating institutions, and their borrowers, some headaches.

TRID Implementation

Ashli Matson, Account Executive-GACrescent Mortgage CompanyOffice 800-851-0263 Cell 770-714-5417 [email protected]


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Mid-sized banks, or those with assets between $10 billion and $100 billion, actually boosted their average ALLL in the third quarter by 1.1 percent, compared with the same period a year earlier. Mid-sized banks’ average ALLL is 22 percent lower than in the third quarter of 2011.

Community banks, or those with less than $10 billion in assets, lowered loan loss reserves by 0.1 percent, leaving the ALLL on av-erage about 12 percent lower than four years earlier.

U.S. banks also generated the highest average third-quarter earn-ings in several years, and they loaned more money to businesses, according to the data researched through Sageworks Bank Info.

The average U.S. bank earned nearly $20 million in net income in 2015 as of the third quarter, compared to about $17.6 million a year ago and $12.5 million as of the third quarter of 2011. “Each bank, on average, is seeing its strongest earnings since the reces-sion so far this year,” said Sageworks analyst James Noe.

McPeak added that it isn’t surprising that reserve levels and earn-ings have trended in opposite directions. Provisions for the ALLL reduce earnings; conversely, earnings are boosted when ALLL levels are lowered. “If a bank feels comfortable setting aside less for the loss reserve, it would lead to higher net income for that bank,” he said.

Third-quarter loan loss reserves dipped below levels from a year earlier as U.S. banks, on average, continued to slow the rate at which they reduced pools of money set aside to cover incurred credit losses.

The allowance for loan and lease losses, or ALLL, for the average U.S. bank in the third quarter was $18.9 million, or 0.5 percent below the $19.0 billion average a year earlier, according to data researched through Sageworks Bank Information. That’s a smaller drop than in recent years, but the current average ALLL is 29 per-cent lower than in the third quarter of 2011.

Tim McPeak, a director in the financial institutions division of Sageworks, said lower ALLL levels could reflect a variety of factors: “The reduction in allowance levels might reflect a confidence in the health of the U.S. economy on the part of U.S. banks,” he said in a data release. “When the economy is in good shape, there are generally less defaults on loan payments.”

This relationship between the economy and credit quality is also reflected in the average net charge offs for U.S. financial institu-tions, McPeak said. The average U.S. bank had $4.2 million in net charge offs as of the third quarter, or roughly a third of the aver-age charge offs as of the third quarter of 2011.

Loan loss reserve levels continue to drop

Aaron Lenhart

Senior Risk Management Consultant Sageworks, A CBA Endorsed Member Company


March 1-5, 2015

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Learn more at www.icba.org/convention2016

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Learn more at www.icba.org/convention2016Learn more at www.icba.org/convention2016Learn more at www.icba.org/convention2016Learn more at www.icba.org/convention2016Learn more at www.icba.org/convention2016Learn more at www.icba.org/convention2016Learn more at www.icba.org/convention2016Learn more at www.icba.org/convention2016Learn more at www.icba.org/convention2016

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WORKSHOPS EXPO NETWORKING GENERAL SESSIONS


An effective system simplifies compliance management and makes it much more efficient by standardizing the review, imple-mentation and enforcement of new regulations, updates and changes. It supports the entire regulatory lifecycle and helps an institution look for continual improvements.

Consider today’s typical compliance officer. More than 60 percent of his time is spent just analyzing regulations. A good compliance management system can cut that down to just 20 percent.

That leaves plenty of time for another necessary change—elevat-ing the job of the compliance officer from reactionary to proac-tive. While compliance officers are most likely to describe their job as one that requires research and knowledge, in reality it needs to be a job that relies on executive thinking and communication.

Instead of spending all their time understanding rules, compli-ance officers should be overseeing compliance management and assessing vulnerabilities. They should be working with depart-ments to understand their operational processes to ensure new requirements are effectively integrated. Instead of constantly reminding employees to think about compliance, they need to develop strategies to embed compliance into business processes.

Finally, the compliance officer’s role on the management team must evolve from administrative to leadership. It’s not enough for a compliance officer to update the CEO and board about regula-tory changes. Compliance is now a strategic function, and com-pliance officers must become trusted advisors to the board and CEO as they make decisions about the future of the organization.

That means a compliance officer must push past a traditionally black and white world to understand the subtleties of how com-pliance intersects with every element of the bank. From recog-nizing and overcoming regulatory vulnerabilities to creating a culture of compliance to demonstrating proven systems and processes for actively reducing regulatory burden, compliance officers must take the lead in offering ideas and strategies. This in-cludes cost control and resource use. They must be advocates for change who are able to identify and mitigate compliance-related roadblocks on the path to innovation.

With no end to the barrage of regulatory changes in sight, com-munity financial institutions need to rethink the role of their compliance officers to stay competitive—and compliant. Making the compliance officer a strategic partner can help lessen regula-tory burden and encourage innovation in the months and years ahead.

With a seat at the executive table and an active role to play in community bank leadership, it’s no secret that the compliance officer role is evolving. Heading into 2016 and beyond, the com-pliance officers who will bring their banks the most value will be strategic thinkers—those who go beyond policing compliance to actually advising the bank on how to embrace compliance to achieve a competitive advantage.

This transformation from police officer to strategic partner who enables innovation is centered on four fundamental areas: mind-set, focus, responsibilities and management.

Often compliance officers may be resistant to change because they feel it can open the institution up to risk. Focused on keep-ing the institution out of trouble, compliance officers sometimes shoot down new products and services because their current process is predictable. Some compliance officers look at regula-tory requirements as deadline-driven difficulties, which can be seen as obstacles, not opportunities.

But this mindset has its own danger: irrelevance in a changing business environment.

For an institution to be successful, a compliance officer’s mindset must be that of an agent of change. Working closely with the CEO, he must view change as an opportunity to improve the bank’s business as a whole. That means finding the best way to navigate regulatory challenges instead of saying no to new products or services. Rather than focus on requirements, it means concentrat-ing on objectives and business implications. It means strategizing how to minimize disruptions when integrating regulatory change into operations. It means keeping compliance simple to eliminate hurdles to doing business.

The idea of taking on such an influential role may be intimidating to compliance officers who are just barely managing to cope with the constant influx of regulations. They feel bogged down in a never-ending task list. That’s why they need to change their focus.

Many compliance officers make the mistake of directing their attention to piecemeal compliance with individual regulations. They rely on daily, weekly, monthly and annual checklists to try and stay on track. They concentrate on what needs to be done right now instead of looking ahead.

This approach simply isn’t sustainable in the current regulatory environment. That’s why compliance officers need to focus on compliance management as a whole, creating a system that will enable compliance with all regulations—both current and fu-ture—no matter the volume.

The Future Compliance Officer A CBA Endorsed Member Company

Submitted by:

30 | www.cbaofga.com | Winter 2016

The printed version is back! The 2016 Georgia Financial Directory is your complete resource within the Georgia financial industry and contains information on banks, holding companies, savings & loans, banking products and services, and more. Since all CBA members receive a free copy, advertising in the directory is a smart way to keep your company in front of our membership throughout the year.

CBA would like to ensure your bank or company’s info is up-to-date for the 2016 Georgia Financial Directory. Bankers will receive a form from the publisher in late January asking them to update information and CBA will be contacting all Associate Members to update information. Directories will be shipped in early June.

For more information, contact Lindsay Greene at (770) 541-0376.

Announcing Plans for the 2016 Georgia Financial Directory

Barret School of Banking Scholarship WinnerJonathon Guthrie

Jonathon Guthrie, Loan Officer at The Peoples Bank in Willacoochee, was named the recipient of the 2016 Barret Graduate School of Banking Scholarship.

CBA associate member Macey, Wilensky & Hennings, LLC, Atlanta, sponsored the scholarship for a Geor-gia community banker to attend the 2016 session of the Barret Graduate School of Banking as a first-year student. The scholarship includes tuition and hous-ing for the 44th Annual Graduate Session of the Paul W. Barret, Jr. School of Banking, May 22-27, 2016 at Christian Brothers University in Memphis, TN.

The Barret School of Banking is a non-profit indepen-dent school created by and governed by a Board of Regents, whose members are executives from banks and other firms involved with the financial services industry.

“Congratulations to Jonathon. As a regent of The Barret Graduate School of Banking, I’ve seen first-hand what a top-notch program it is,” said Rob Braswell, President & CEO of Community Bankers Association of Georgia. “The school has been in exis-tence for more than 40 years and offers a stringent banking curriculum. In addition, I am so appreciative of the support from Macey, Wilensky, & Hennings, LLC, for provid-ing such a wonderful opportunity for a deserving young banker.”

“We are delighted to offer this educational opportunity to Jonathon,” stated Todd Hennings, Managing Member of Macey, Wilensky and Hennings, LLC. “Our firm strongly supports continuing education as well as the relationships the banker makes while attending a graduate school of this caliber. The knowledge and connections gained from The Barret Graduate School of Banking will benefit Jonathon for years to come.”

Jonathon joined The Peoples Bank in 2014 as a teller and also worked in the bookkeeping department. He later worked as a Customer Ser-vice Representative and in the Information Technology area before becoming a loan officer. He holds a BS in Management Information Sys-tems from Valdosta State University. Jonathon is a graduate of CBA’s Consumer Lending School and is active with CBA’s Leadership Division.

The judging panel was composed of the past three immediate CBA Chairmen. To learn more about the Barret School of Banking, visit www.barret.ws. To learn more about Macey, Wilensky, & Hennings, LLC, visit http://maceywilensky.com.

Sponsored by


promotional rate, and qualifying accounts are paid the highest promotional rate only on balances up to a pre-determined cap. No other deposit product boasts this COF discount, which actually increases as market rates rise. This provides the opportunity for a more gradual in-crease compared to competitors’ product offerings, mak-ing high-yield reward checking your best defense.

Why is this important?

Now is the time to increase deposits as a continued hedge against rising rates, but more importantly, increase your percentage of less rate sensitive liabilities. Aggressively seeking consumers out in the current rate environment is your best defense against rising rates, and it is your best offense to building your institution’s value.

Moving forward without fear

High-yield reward checking accounts are desirable for banks and customers alike. In any rate cycle, these ac-counts generate more non-interest income than CDs or traditional checking accounts. Don’t let the threat of rising rates keep you from doing business — let reward checking be your powerful offense as you build your de-fense against rising rates.

To get the full story behind rising rates and how you can guard against risk, download the “Thriving in a Rising Rate Environment” white paper at kasasa.com/rising-rates.

With the first of what is anticipated to be several rate in-creases by the Fed, how are we to position our balance sheet to be defensive entering this next rate cycle?

It is said, “the best defense is a good offense.” By effec-tively keeping the ball on the other team's side of the field, you create scoring opportunities for your team and prevent your opponent from scoring, too. As you focus on your goals for 2016, how can you face rising rates with a good offense?

Changing times

With rates rising, ALCO Committees are shifting focus to prepare for interest rate risk. They’re finding, however, that risk management tools of the past can’t predict the future. With the recent cycles of mortgage refinancing, mortgage duration calculations can no longer be his-torically based. Rate-shock approaches focusing 1-2 years out can’t account for the long-term risk of margin com-pression in a gradual recovery. It’s time for banks to adopt a new solution.

The out-of-the box solution

In 2013, reward checking accounts generated a median 52 percent “cost of funds (COF) discount,” according to a study conducted by Kasasa® by BancVue®, using data from over 2.5 million reward checking account holders from nearly 750 community financial institutions across the U.S. The median promotional rate was 1.98 percent, while the median cost of funds was 0.94 percent, produc-ing this 52 percent COF discount.

You might notice the dramatic difference between true COF and the promotional rate. This occurs because not every account holder meets the qualifications for the

With rates on the rise, how good is your offense?

Jeremy Foster

Chief Financial Officer Kasasa by BancVue, A CBA Endorsed Member Company


See more at SNL.com/Budgets866.296.3743 | [email protected]

Take the pain out of the budgeting cycle with a top-down forecasting solution.

A streamlined approach to better budgeting

Create more accurate forecasts:• SNL Banker’s instrument-level forecasting gives you visibility into the existing portfolio vs. production needs, down to the specific product/rate

• You can automatically pull in up-to-date actuals from your core and GL as the basis for your forecast without manually re-keying data, then re-forecast as necessary on the fly

• Better insight into your portfolios helps you create precise production goals to keep your teams on track to meet budget

Shorten the budgeting cycle:• Allow multiple users throughout the organization to work concurrently within a forecast while seamlessly consolidating results

• Advanced security features help you protect your data by choosing which users can view/edit sensitive data

• Since budgets are completed earlier, your finance team will have time to evaluate multiple “what-if” scenarios and select the best possible budget outcome

BUDGETING SOLUTION


See more at SNL.com/Budgets866.296.3743 | [email protected]

Take the pain out of the budgeting cycle with a top-down forecasting solution.

A streamlined approach to better budgeting

Create more accurate forecasts:• SNL Banker’s instrument-level forecasting gives you visibility into the existing portfolio vs. production needs, down to the specific product/rate

• You can automatically pull in up-to-date actuals from your core and GL as the basis for your forecast without manually re-keying data, then re-forecast as necessary on the fly

• Better insight into your portfolios helps you create precise production goals to keep your teams on track to meet budget

Shorten the budgeting cycle:• Allow multiple users throughout the organization to work concurrently within a forecast while seamlessly consolidating results

• Advanced security features help you protect your data by choosing which users can view/edit sensitive data

• Since budgets are completed earlier, your finance team will have time to evaluate multiple “what-if” scenarios and select the best possible budget outcome

BUDGETING SOLUTION

ACG | Refurbished ATMs/Currency CountingPhil Winn | [email protected] | (770) 442-9800

ATM Response | ATM Service & Cash LogisticsJames Pack | [email protected] | (770) 744-1795

Bahr Consultants, Inc.| Insurance ReviewHank Bahr |[email protected] | (865) 694-6098

Banc Consulting Partners | Executive Benefits/BOLIBrian Miller | [email protected] | (770) 485-8559

BankersEdge | Online /DVD Training ProgramNora Ebersbach | [email protected] | (314) 542-6493

BankSmart | Bank Operations/Vendor ManagementJim Wilkson | [email protected] | (813) 774-8000

Bank Trends | Peer AnalysisMichael Stinson| [email protected]| (877) 717-6743

BASYS Processing | Merchant Services ProcessingBrady Hanna | [email protected] | (913) 660-6777

CBIZ Benefits & Insurance Services, Inc.| Employee Benefits & InsuranceTodd Gordon| [email protected] |(770)-858-4801

Computer Services, Inc. | Secure-Connect for Directors/EmployeesJohn Grimes| [email protected] | (888) 494-8449 ext. 17223

Continuity Control | Compliance Management SystemMarnie Keller | [email protected] | (866) 631-5556 ext. 309

Crescent Mortgage | Secondary Market Mortgage ServicesAshli Matson | [email protected] | (770) 714-5417

Dell SecureWorks| Managed Internet Security ProgramJamie Kirkland | [email protected] | (404) 486-4481

The Eversole Group, LLC | Marketing ProgramCraig Eversole | [email protected] | (601) 977-5225

Executive Insurance Agency, Inc. | VSI ProgramRandy Sower | [email protected] | (770) 474-2355

First Data | Internet Banking & Mobile BankingRodrigo Cazares | [email protected] | (512) 627-5343

WITH CBA'S ENDORSED MEMBER COMPANIES!Enhance your revenue. Improve your bottom line.

For more infomation on these providers or to learn about the endorsement process, contact Lindsay Greene at (770) 541-0376 or [email protected].

FIS | Free ATM Network | Credit/Debit Card ProgramJamie Moreland | [email protected] | (888) 323-0310

Harland Clarke | Check ProgramRyan Busenitz | [email protected] | (787) 923-3402

ICBA Securities | Investment ServicesJim Reber | [email protected] | (901) 762-5884 Investment Professionals, Inc. (IPI) | In-Bank Retail Investment Services Steven Ransdell| [email protected]| (501) 410-4445

Kasasa by BancVue| Branded Suite of Banking ProductsGrant Armistead |[email protected] | (704) 553-0700

PULSE | Debit Network ProgramMark Reda|[email protected] | (813) 854-2210

Sageworks | Cash Flow AnalysisBilly Burnet| [email protected] (919) 851-7474 ext. 619

SHAZAM | Debit Card/EFT ProcessingMark Fucci | [email protected] | (866) 644-9314

SNL Financial | Financial DataJake Bartlett| [email protected] | (434) 951-6915

Staples | Office Supply ProgramJanet Cook | [email protected] | (404) 664-4543

Travelers | Insurance/D & O/ Bond ProgramDiana Baker | [email protected] | (678) 317-7882

Triad Financial Services, Inc. | Consumer Loan ProgramKeith Stayer | [email protected] | (800) 522-2013

UPS | Overnight Delivery ProgramMonica Sterk | [email protected] | (800) 531-7917

William Mills Agency | Public Relations & MarketingWilliam Mills | [email protected]/(678) 781-7200

Promontory Interfinancial Network, LLC Bank Assetpoint/Insured Cash Sweep (ICS) Danny Capitel|[email protected] | (770) 630-6796 *Cooperative Marketing Alliance

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Since 1976, we’ve been providing community financial institutions with choice

and innovation to compete in the market. From debit cards to core processing

to marketing services and more, we deliver.

SHAZAM is a financial services company offering you choice and flexibility to use the products and services that meet YOUR needs.

MET

winter 2016 georgia communites first magazine

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