August 25, 2017      

Member Meetings Celebrate the People of Banking
Our first three member meetings celebrating GBA’s 125 years of service to the bankers of Georgia got underway this week. We had big crowds in Macon, Valdosta and Statesboro. The theme of the meetings is the people of Georgia who happen to be bankers, so, much of the gatherings focus on the stories of member bankers from each of our geographic regions. We owe a big thanks to the host committees, made up of current GBA committee and board members and past officers, who helped spread the word about the meetings to their peers. Next week we’ll be in Atlanta, Perry, Albany and Newnan, and we have meetings in early September in Gainesville, Rome and Athens. Click here for highlights of this week's meetings...

Macon

Valdosta

Statesboro

Georgia Banks Performing Well Through Mid-Year
Georgia’s 181 state-based banks earned $1.62 billion during the first half of 2017, an increase of 6.2 percent over the first half of last year. The FDIC released consolidated performance information this week, and the results showed consistent improvement in all major categories for our state’s banks. Total assets were up 2.8 percent, total loans were up 1.8 percent (slightly above the 1.7 percent national average), and deposits jumped by 2.6 percent. Net interest margin improved and noncurrent loans were down, with 94 percent of Georgia banks being profitable, compared to 92 percent a year before. "The consistent growth we see in Georgia bank performance is encouraging. The banks around the state are having good success helping family and business finances grow with the economy and that equates to good bank results. Banks are actively seeking new loan business and credit terms and rates are attractive, so it's a good time to borrow to invest in growth or a family need," said GBA President and CEO Joe Brannen in a statement to media. Nationally, bank earnings were up 10.7 percent, with much of the growth coming from increased net interest margin related to Federal Reserve rate increases, according to the FDIC...

Pause Button Pressed on Basel III Phase-In
Banking regulators Tuesday proposed a rule that would pause the move to the Basel III capital framework for banks that are not using the Basel advanced approaches. Regulators said they’re working to simplify the capital rules for the banks using non-advanced approaches, which mostly are community, midsize and even several regional banks. The proposed rule would pause the full transition to the Basel III treatment of mortgage servicing assets, certain deferred tax assets, investments in the capital of unconsolidated financial institutions and minority interests pending a new rulemaking addressing these topics. Comments on the proposed pause are due 30 days after the rule is published in the Federal Register. Read the rule here...

Blanchard

Recent Development in Laws Affecting Banks Back by Popular Demand at Bank Counsel Conference
No Bank Counsel Conference is complete without its annual Recent Development in Laws Affecting Banks session. Join Jerry Blanchard, partner, Bryan Cave, LLP, Atlanta, as he reviews these developments, including state and federal legislation, case law and regulatory changes, and how they affect your bank clients and the advice you should give them. The conference is Oct.1-3 at The Ritz-Carlton Lodge, Reynolds Plantation, Greensboro. A conference brochure, with full details will be available soon but you can register now. GBA has reserved a block of rooms at The Ritz at a reduced rate of $189 per night for single or double occupancy. Make reservations today by calling the hotel directly at 706.467.0600. Be sure to say you are with the GBA to receive this special rate. With questions, please contact GBA’s Susie McGehee at 404.420.2010.

Service Excellence Culture Session Coming up at President/CEO Conference
Explore the award-winning business practices of The Ritz-Carlton and discover how a service excellence culture results in engaged employees and customers. During this session, you’ll learn about differentiating your bank/firm from the competition, selecting and onboarding new employees, the three levels of customer engagement and much more. You can register here now.

Rooms Selling Out Quickly at The Ritz-Carlton Lodge, Reynolds Plantation!
Attention President/CEO, Bank Counsel and Bank Accountant Conference attendees! Rooms are selling out quickly at The Ritz-Carlton Lodge, Reynolds Plantation. If you have not already done so, you can make your reservations by calling the hotel directly at 706.467.0600. Be sure to say you are with the GBA to receive this special rate. With questions, contact GBA’s Susie McGehee at 404.420.2010. Make your reservations today!

Pry

Compliance Expert Carl Pry to Address Conference Attendees in September
Carl Pry, managing director, Treliant Risk Advisors, will give you all the information you need to finish up your HMDA 2018 preparations, focusing extensively on final steps you should be taking ahead of Jan. 1 as well as what to do with all that new data once you have it besides just send it to the CFPB. If you haven’t heard Pry speak, you are in for a treat. With multiple degrees under his belt, Pry is a seasoned executive with banking law, corporate finance, and regulatory compliance experience in Fortune 500 institutions, regional banks and industry consulting firms. advises clients on commercial compliance, fair lending, corporate treasury and risk management. He is a columnist for ABA Bank Compliance and ABA Bank Marketing magazines, and has taught around the country. Don’t miss the opportunity to learn from Pry - click here to reserve your spot at the GBA Compliance Conference today.

Low

Renowned Economist Chris Low to Headline Financial Risk Management Conference
Chris Low has more than 25 years' experience tracking U.S. and global economies, financial markets, central banks and fiscal policy, as well as six years' experience as a money manager - giving him a unique ability to distill economic events into information useful to investors. He has been recognized multiple times by Bloomberg as the most accurate forecaster of Treasury note yields. Chris has been quoted in Business Week, The Wall Street Journal, The New York Times, and many other publications around the world. He is a regular on Bloomberg TV, CNBC, and Fox Business Channel and is often heard on the BBC World Service radio and American Public Media's "Marketplace." Low will kick off this year’s conference, which will be Nov. 8-9 at the Atlanta Marriott Northwest Hotel. Click here to see the detailed agenda and to register online today for GBA Financial Risk Management Conference.

FHLBank Atlanta Election of Directors
The Federal Home Loan Bank of Atlanta is conducting an election to fill one public interest independent directorship on its board of directors for a four-year term that begins on Jan. 1, 2018. Eligible institutions throughout the Bank’s district will elect the public interest independent director. The Bank’s board of directors has nominated current Bank director Robert L. Strickland, Jr., executive director, Alabama Housing Finance Authority, Montgomery, AL, for re-election to the public interest independent directorship. Your institution’s vote is important, and the Bank encourages you to participate in the election. Only independent director nominees who receive at least 20 percent of the votes eligible to be cast will be elected. The deadline for the Bank to receive completed ballots is 5 p.m. EDT, Wednesday, Sept. 20, 2017.

Good Time to Review Employee Benefits for 2018
Now is the perfect time to review your employee benefits for the upcoming year, including a 401(k) plan review. Your retirement plan committee should be meeting regularly to review your plan to ensure you are offering a great product for your employees. Things to consider for 2018 include plan design changes, such as adding or increasing your employer match, safe harbor plan options to eliminate testing refunds, implementing automatic enrollment, providing more employee education regarding investments, and encouraging participation in the 401(k) plan. More about GBA Reitirement Services here...

Marketing Peer Group - Oct. 24
CRM, Marketing Hot Topics Top Agenda

GBA member bank and Associate Member marketing officers and any banker with marketing responsibilities will not want to miss the next Marketing Peer Group Meeting Oct. 24 at Idle Hour Country Club in Macon. Thanks to GBA’s Marketing Committee for planning a program with timely sessions on the tools and strategies that will keep your bank relevant in today’s environment. Kicking off the meeting will be Al Suosso, solutions specialist with Jack Henry & Associates, discussing customer relationship management (CRM) sales and service planning tools. We’ll wrap up the meeting with an extended roundtable discussion to share resources and experiences with your peers. Registration is $125 per person. Click here to register online. With questions, please contact GBA’s Alison Moreau at 404.420.2034.

2017 BankPAC Campaign Update
It’s been a great week for the 2017 BankPAC Campaign! If you haven’t yet contributed, here are your fundraising guides and contribution forms for easy use when your bank makes a contribution to the StatePAC and eligible employees and directors make personal contributions to the FedPAC. Eligibility and suggested contributions are included on the contribution forms. Take a look at the overall campaign progress here. With questions, please call Elizabeth Chandler at 404.420.2027. Many thanks to the CEOs of the following banks making a contribution to the GBA BankPAC this week...

Upcoming GBA-U Webinars
A GBA-U Webinar is a great way to quickly get the training you need without travel or time out of the bank. Webinars are live and allow time for questions and answers. The $265 registration price gives you access to one web site "seat," one telephone site license and all handout materials. If you can't attend the webinar, you may buy the audio CD, handout materials and a password to see the session online. With questions, please contact GBA's Katina Prokos at 404.420.2021. Here is a sample of upcoming offerings...

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 Bo Brannen at 404.420.2014.

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. Read all about the Community Connections our banks and members have below. Share your Community 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 Bo Brannen and David Oliver, or if your company would like to sponsor this content, let us know. Here's our latest installment...

Southern States Bank, Carrolton

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 Bogan Brannen