October 12, 2018   

Hurricane Michael Restoration and Relief Resources
Many GBA member bankers today have graciously taken time to check in with us about how their teams are doing in the wake of Hurricane Michael. There’s widespread property damage, and the full assessment is just underway. We’re not aware of any fatalities or serious injuries to bankers or their family members. Most banks across the southern two-thirds of the state were closed Wednesday and Thursday. Some have been able to re-open to provide critical financial support to customers and businesses working to recover, and all are committed to re-opening as soon as possible. We have a web page with links to official state and federal resources for bankers and consumers. See more details about FEMA resources and GBA information here...
Fed, CSBS Community Bank Survey Results
Lending, Tech and Cyber Insights from Georgia’s Banks

Small business lending is a competitive strength for Georgia’s community banks, and technology is more of an opportunity than a threat. Those are some of the thoughts Georgia bankers shared in responses to a survey in advance of the Sixth-Annual Community Banking Research and Policy Conference put on by the Federal Reserve System, CSBS and FDIC. The report provides a deep dive into national trends and has a one-page breakout for Georgia and all other states. Between 10 and 20 percent of Georgia banks provided responses.
Highlights of the Responses
Edwards Added to FDIC Advisory Committee on Community Banking
Georgia now has a prominent voice directly to FDIC on community-bank-related matters. United Bank CEO Jim Edwards has been appointed to the FDIC Advisory Committee on Community Banking. Edwards, a past GBA Chairman, past chair of the GBA Services, Inc., Board of Directors and incoming Vice Chairman of the American Bankers Association, joins seven new members to the 18-member committee. "This is just huge for Georgia to have a representative on the committee. With his life-long experience as a multi-generational hometown banker and his insight from being an association leader at the state and national levels, I can’t think of a better person for the FDIC to have selected," said Joe Brannen, GBA president and CEO. The FDIC Advisory Committee on Community Banking discusses and provides input to the FDIC on a wide variety of topics, including current examination policies and procedures, credit and lending practices, deposit insurance assessments, insurance coverage and regulatory compliance. Details here…
Last call!
Three Reasons to Attend Georgia BankPAC Golf Classic on Oct. 17

We're only a few days away from the 17th-annual Georgia BankPAC Golf Classic at The Club at River Forest in Forsyth supporting GBA's StatePAC. The two-person scramble tournament is Oct. 17, so don't delay in signing up. You won't want to miss this event if you:
  • Support GBA's Advocacy mission in backing business-friendly candidates who have the most direct impact on banks and companies in Georgia
  • Want to entertain customers and prospects or catch up with banking industry colleagues
  • Love a fun afternoon on the golf course
  • All of the above!
Registration is $175 per person; $275 per two-person team (a $75 discount!) or we have a special offer of a hole sponsorship plus a two-person team for $500 (a $100 discount!). The shotgun start is at 1 p.m., with a putting contest beforehand and a reception afterward. Serious golfers and weekend warriors alike are encouraged to come and show their support.
Register Here
Not a golfer but want to support the PAC? You can sponsor a hole for just $250! Click here for sponsorship opportunities and information. Contact GBA’s Kathy Friestad with questions, 404.420.2024.
Hagwood Strives for Connecting Customers in Times of Transition
Her bank has been in transition for a couple of years. The industry is in transition with customer preferences and technology. For some, all that could be unsettling, but for Oconee State Bank’s Deesha Hagwood, the situation is ripe for opportunity. "Innovation is happening at the speed of light, and there is never been a better time to find ways to connect our customers with solutions that create value for their life," she says. Hagwood is chair of the 2018-2019 GBA Marketing Committee. Read how she’s been encouraged in her work at the bank through a transition in management, her thoughts on supporting Georgia’s bank marketing officers and some key life lessons in this week’s member profile….
Related breaking news: Hagwood will host GBA’s next Marketing Peer Group meeting. We added a session just today with an expert who has worked with Chick-fil-A and the Atlanta Braves to engage employees and strengthen customer esperience. The meeting is Oct. 23 at Middle Georgia State University in Macon. Click here to register.
Atlanta Fed’s Bostic to Headline GBA Legislative & Economic Forum
We’re honored to announce that Federal Reserve Bank of Atlanta president Raphael Bostic will speak at the GBA Legislative / Economic Forum Jan. 16 that leads up to that evening’s Legislative Reception. Mark your calendars now for the event and look for registration details soon. Bostic has been in the news recently with some candid thoughts on whether the Federal Open Markets Committee should continue raising the federal funds rate. He voted for the most recent rate increase but has indicated he doesn’t intend to support another hike this year. He’s in favor of a neutral rate policy that is a balance between supporting or holding back growth. However, stronger growth than expected this year could require more rate increases next year, he said. "So much stronger, in fact, that the central question in my mind is whether the apparent strength in GDP and job growth is a signal that I have materially underestimated the underlying momentum of aggregate demand," he said. "If that's the case, the potential for overheating would require a higher path for rates than what I had been thinking." Read the article from GBA Strategic Partner S&P Global Market Intelligence here. With questions about the Legislative / Economic Form and Legislative Reception, contact Kathy Friestad, 404.420.2024.
Villa Christina
Financial Risk Management Conference - Nov. 7-8
Hotel and Early-bird Registration Deadlines Approaching

If you have not already made your travel plans for the GBA 2018 Financial Risk Management Conference Nov. 7-8 in Atlanta, don't hesitate. The hotel's deadline is Tuesday to receive GBA's discounted room rate of $205 per night at the Hyatt Regency Atlanta Perimeter at Villa Christina. This 1.5-day conference provides the latest news and economic updates along with expert analysis and insight, technical details and practical resources to help bankers who face daily financial risk management challenges. This year, attendees have the opportunity to attend two free pre-conference informational sessions prior to the official conference start time. And, for our certified professionals, GBA has obtained certification of the conference as a recognized provider of continuing professional education programs by NASBA. Here's how the program looks.
Register Here
The early registration fee is $395 through Oct. 24. Contact GBA’s Alison Moreau with questions, 404.420.2034.
2018 BankPAC Update
The 2018 BankPAC Campaign is beginning to close in on the goals set for the StatePAC and FedPAC. Have you participated in this important effort yet? Here are our easy-to-use forms for use in making contributions to the GBA StatePAC and GBA FedPAC and check out how your GBA Group is doing meeting its goals. Click here to see the bank CEOs, Associate Members and Bank Counsel Section members who contributed to the GBA StatePAC and FedPAC this week...With questions, please contact GBA’s Elizabeth Chandler at 404.420.2027.
Southeast Georgia Community Bank Symposium - Nov. 1
Southeastern Georgia community bankers should register now for the annual Southeast Georgia Community Bank Symposium Nov. 1 at the Nessmith-Lane Center, Georgia Southern University, Statesboro. GBA and Georgia Southern University have partnered to host this region-specific event for over a decade. Click here for a detailed agenda. 2018 program highlights include:Southeast Georgia Community Bank Symposium - Nov. 1
  • GSU student panel discussion on the next generation of community bankers
  • Economic outlook and opportunities with Don Cox and Michael Toma, Georgia Southern University
  • Strategic thinking with Allen Amason, Georgia Southern University
  • Conditions and trends in commercial real estate with Cal Evans, Synovus Bank
  • Big-picture banking industry snapshot with Joe Brannen, GBA president and CEO.
Registration is $159 per person. Click here to register online. With questions, please contact GBA's Jenna Lynn Warner at 404.420.2035.
Stovall and Rogers
Credit Conference - Dec. 13-14
Two Breakout Sessions Dive Deep at GBA 2018 Credit Conference

Any banker managing the daily credit challenges inside their institutions should join us Dec. 13-14 at the Waverly Hotel in Atlanta for the GBA 2018 Credit Conference. We will have two breakout sessions. Nathan Stovall, senior research analyst, S&P Global Market Intelligence, will provide a detailed look at the Georgia bank credit environment, loan portfolio performance and other targeted metrics. The S&P Global Market Intelligence team will run the numbers specifically for Georgia, and Stovall will lead a dissection of how those numbers compare to regional and national trends. Meanwhile Eve Rogers, partner, Crowe LLP, will lead a session on the new CECL rules going into effect in 2020 in the most dramatic accounting change the financial institutions industry in almost a decade. And topics including housing, the economy, leadership, economic development, talent recruitment and peer group discussions all have a place on the agenda. The early registration price is $395 through Nov. 29, and rooms are available in our GBA block at the Waverly Hotel for just $179 per night. Click here to see the conference brochure. Contact GBA’s Alison Moreau with questions, 404.420.2034.
Register Here
Basics of Asset-Based Lending Seminar, Nov. 14
On Nov. 14, GBA’s Basics of Asset-Based Lending seminar will provide participants with a basic understanding of asset-based lending (ABL) concepts, procedures, and documentation. Participants, through a group case study environment, will learn from Mike Allen, EVP, Senior Credit Officer, at State Bank & Trust Company in Atlanta about:
  • Basic balance sheet fundamentals
  • Sizing the loan
  • The importance of A/R and A/P agings
  • Inventory considerations
  • Basic documentation
  • Lien perfection and monitoring.
To register, click here. Registration is $225 per person through Nov. 7. With questions, please contact GBA's Jenna Lynn Warner, 404.420.2035.
Mark Your Calendars for 2019 Georgia Banking School and GBA Advanced Compliance School
It’s not too early to start planning for a successful new year in your banking career by enrolling in the Georgia Banking School or GBA Advanced Compliance School May 5-10, 2019, at the University of Georgia in Athens. Georgia Banking School is a three-year program. GBA Member tuition per year is $1,975. First Year applicants may enroll and pay by Feb. 15, 2019, and receive the early bird price of $1,845. Tuition includes: All instruction and school course materials; double occupancy accommodations for Sunday - Thursday nights at the UGA Hotel; daily breakfast and lunch; a welcome barbecue on Sunday, May 5; and daily breaks. Students may request a private room for a $385 surcharge. GBA Advanced Compliance School is a one-year program. The early tuition price is $2,020 (same inclusions as Banking School). Click here to apply for the Georgia Banking School, and click here to apply for the GBA Advanced Compliance School. If you have questions about either, please contact GBA’s Alison Moreau, 404.420.2034 or Jenna Lynn Warner, 404.420.2035.
GBA Strategic Partner FMS Helps Banks with Marketing, Branding, Social Media and More
Digital marketing channels such as email, social media, blogs, online display ads, search engine optimization, and search engine and mobile marketing are important for winning new business from today's bank customers. GBA Strategic Partner Financial Marketing Solutions, or simply FMS, is a group of strategists and creative thinkers who serve banks, and only banks. The bank brands and other projects that endeavor to create are unique, crafted with care, personal devotion and obvious passion. Creativity is critically important to them, but their work also has to be strategic or it’s just marketing fluff. FMS knows that a solid brand campaign will accomplish goals, impact the bottom line, affect positive change and be memorable recognizable no matter where your customers are. The GBA has been proud to endorse FMS as a GBA Strategic Partner since 2007. For more information, please contact Sean Hockenbery of FMS at 615.591.2073. Want to see what FMS has been up to on social media lately? Click the icons below.
GBA Strategic Partner Monarch Private Capital Announces Launch of Monarch Federal Historic Preservation Fund I
GBA Strategic Partner Monarch Private Capital (MPC) is pleased to announce the launch of the Monarch Federal Historic Preservation Fund I (Fund I) as a vehicle to promote investment in projects that generate federal historic tax credits in 2019 and 2020. Investors in Fund I will include financial institutions and corporations interested in stimulating economic growth, seeing returns over eight years and managing their effective tax rate. Financial Institution investors may receive additional benefits by working directly with the developers or project teams that need banking services--including, but not limited to: lending opportunities/construction loans, construction-to-perm loans or bridge loans on projects both inside and outside of Fund I. Fund I will be spread diversely among various real estate asset classes and plans to encompass multifamily, commercial, retail, mixed use, hospitality and special-purpose properties. The geographic footprint will comprise 13 states including Georgia, South Carolina, Tennessee. GBA members interested in learning more about Fund I or other MPC programs should contact Rick Chukas at 615.373.5155 or rchukas@monarchprivate.com.
New Federal Employment Compliance Update from GBA Strategic Partner ELC
During the first 18 months with the current White House administration, things were mostly quiet from an HR compliance regulation perspective--a welcome reprieve from the extensive changes we saw proposed over the past few prior years. However, we are hearing now, that folks are beginning to see some material developments which will likely impact the banking industry in 2019 and beyond. We sincerely appreciate the guidance and support of GBA Strategic Partner Employment Law Compliance, Steve Greene, managing member, for providing us with regular updates to share with our membership. See the most recent update we received this week covering FLSA Overtime Exemption tests, AAP verification, pay equity and more. With any questions, please contact Greene at sgreene@employlawcompliance.com or 866.801.6302 (toll free).
Fill a Job, Find a Job with the GBA Job Bank
The GBA Job Bank is among the most popular and valuable benefits we provide to member banks and bankers. The Positions Available and Bankers Available sections on our website consistently are among the most visited pages. Best of all, the service costs nothing for member banks and bankers. To make the process of posting a job or resume easier and to answer any questions you may have, we've developed this Q & A document as a resource. It outlines how to submit open positions and resumes, our deadlines and timelines for posting, and other helpful details. If you have any questions, please contact GBA's Katina Prokos at 404.420.2021.

GBA Community Connections

We want to share all the good work GBA member banks, bankers, Associate Members and Bank Counsel Section members do to support their communities. Share your Hometown Connections by sending a brief paragraph and any photos of activities you have to us and we'll publish them at our earliest opportunity. Send information to Katina Prokos and David Oliver. Here's our latest installment...
Newton Federal Bank
First Landmark Bank, a div. of National Bank of Commerce
South Georgia Banking Company
Donna Wade
Tony Mannino
James Banter
BankSouth's new location ribbon cutting

Read All About It: Send Us Your News

Please remember to include the Georgia Bankers Association on the list of recipients for announcements about promotions, new employees and special recognition your bank has received. We want to share your news with your colleagues across the state. Please forward your announcements and photos to GBA's David Oliver and Katina Prokos.