December 22, 2017   

Merry Christmas and Happy Holidays from GBA
From our GBA family to yours, we wish you a merry Christmas and happy holidays. At the top of our holiday wish list is for everyone to enjoy a festive, safe and memorable season with your families and other loved ones. Unless there is some critical breaking news, we won't be publishing an E-Bulletin next week, so look for our next edition during the first week of the New Year.
Tax Reform Clears Congress
We've compliled a quick summary of the major provisions of the tax reform package that passed the U.S. House and Senate this week. As of press time, it had yet to be signed by the President. There is a chance the President will wait until after Jan. 1 to sign the bill, which would shift the immediate accounting implications for earnings and capital to the next quarter, giving bankers more time to handle the impacts of, for example, devalued deferred tax assets. See our Tax Plan summary here...
Georgia Rep. David Scott Co-Sponsors Tailored Regulation, Capital Access Bills
The U.S. House this week passed a bill that replaces the arbitrary $50 billion asset threshold for systemically important status in the Dodd-Frank Act with a more tailored, nuanced set of systemic risk indicators. Georgia Rep. David Scott (D-GA13) was among the bipartisan group who co-sponsored the legislation (H.R. 3312), which was introduced by Rep. Blaine Luetkemeyer (R-Mo.). Under the bill, the Federal Reserve would review a financial institution’s size, interconnectedness, global activity and complexity to determine whether it should be subject to regulation as a systemically important financial institution. Earlier in the month Rep. Scott also co-sponsored the Community Bank Access to Capital Act of 2017 (H.R. 4562) that would exempt community banks with less than $50 billion in assets from Basel III rules and exempt community banks from certain Sarbanes-Oxley, Federal Reserve and SEC rules that limit capital. We appreciate Rep. Scott’s leadership and support for regulatory reform. With questions, contact Joe Brannen, 404.420.2026, or Elizabeth Chandler, 404.420.2027.
Summary of Rulemaking Schedule for 2018
The Office of Management and Budget’s Office of Information and Regulatory Affairs has published an updated schedule for rulemaking agendas of federal regulatory agencies. The posting emphasizes ongoing directive to reevaluate and eliminate burdensome regulations. Some of the expected actions in the coming year are...
Georgia House Committee Appointments Announced
Speaker David Ralston (R-Blue Ridge) released the list of committees for the upcoming session of the Georgia General Assembly. We work with most committees and obviously focus on the Banks and Banking Committee. We were pleased to see Chairman Greg Morris (R-Vidalia) reappointed chairman and Rep. Randy Nix (R-LaGrange) reappointed secretary. Rep. John Deffenbaugh (R-Lookout Mountain) will be the new committee vice chair. Two new members were appointed to the committee: Clay Cox (R-Lilburn) and Marc Morris (R-Cumming). Cox served on the committee when he was formerly in the legislature. Morris was recently elected to fill an unexpired term of another legislator. There will be 25 legislators on the committee, 19 are Republicans and six are Democrats. Here’s a full list...
Making Plans for the New Year? Be Sure to Include GBA Legislative Reception and Forum
On the agenda are chief economist Lindsey Piegza, Stifel Investment Services, Chicago, IL, with an economic update, John Ashford, chairman and CEO, The Ashford Group, Alexandria, VA with a national/state political update and Commissioner Kevin Hagler, Georgia Department of Banking and Finance, as well as key Georgia legislators, to bring you up to date on the latest issues the banking industry will face in the 2018 General Assembly session. The Legislative Reception will follow.  To register, click here. With questions, please call GBA’s Susie McGehee at 404.420.2010.
GBA Member Profile
Wilson Makes Mark in Banking, Pizza

Renasant Bank’s Jimmy Wilson likes to start his day early, knows firsthand the value of active advocacy for the industry and is known around Albany as a pretty good pizza chef. He’s also a member of the GBA Public Affairs Committee, and he encourages all members to get involved with GBA’s advocacy efforts and events, such as the upcoming Legislative/Economic Forum and Legislative Reception Jan. 10. Read more about this avid Georgia Bulldog fan who was president of Leadership GBA when it was called Young Bankers in 1997 in this week’s GBA Member Profile...
Burnette Named Business Leader of the Year
It’s always a treat to see a banker make the front page of a newspaper for a good-news story. Synovus’ Darron Burnette had that honor last week as he was named the Statesboro Business Leader of the year by the Statesboro-Bulloch Chamber of Commerce. Burnette was among the leaders of a group that created a revitalization plan for a section of Statesboro’s downtown. The Blue Mile plan for the city’s South Main Street was recently awarded $1 million in the America’s Best Communities competition. In making the award to Burnette, the past recipient of the Business Leader of the Year, Bruce Yawn, said, "His love for this community and his passionate desire to make it better by his service far exceeds his desire to make life easier for himself. …Our recipient today can squeeze 28 hours out of every 24-hour day." Read the full story here. Burnette is also chair of the Georgia Banking School Board of Directors.
Locate Training Tailored to Your Job
GBA has hundreds of programs each year with learning opportunities for any job at a bank. We try to make it easy for you to find the right program for your specific job by posting a number of topical calendars based on the most common categories of banker skills. Our topical calendars are: Asset/Liability; Conferences;Compliance; Front Line; Human Resources; Lending; Management; Marketing; Ops/Tech; Retail Banking; Security; Seminars; Trust. You can access the calendars in a couple ways. They’re always at the bottom of the right column on our weekly E-Bulletin and there’s a link from the GBA-U Education drop down menu on the GBA home page.
Analyzing Financial Statements - Jan. 30
Attention commercial lending officers, credit trainees and analysts! Attend GBA’s Analyzing Financial Statements seminar Jan. 30 at Idle Hour Country Club in Macon to learn the ins-and-outs of both personal tax returns and commercial financial statements. A faculty member of the Georgia Banking School with more than 35 years of industry experience, Mike Allen of State Bank & Trust Company will thoroughly cover these statements during this hands-on seminar designed for entry-level lenders. (Please bring a calculator!) Register by Jan. 22 for the early-bird price of $225 per person. Click here to register online...
Financial Crimes Risk Management
Symposium - Jan. 31
How to Stop Human Trafficking

Hear from Alia El-Sawi, Victim Assistance Specialist for Immigration and Customs Enforcement (ICE), Homeland Security Investigations, on the issues and opportunities to stop human trafficking at GBA’s new Financial Crimes Risk Management Symposium Jan. 31 at Middle Georgia State University in Macon. Learn how human trafficking, while not a new financial crime, has become a significant emerging risk and what tools financial institutions need to have in place to identify, detect and prevent this type of financial crime. Presented in partnership with Secura Risk Management, this symposium provides a forum for attendees to actively participate with speakers and peers in discussions on cybercrime, emerging threats and methods for fighting such crime. In addition to El-Sawi’s session on human trafficking, attendees will learn about...
IRA Basics Seminar - Feb. 7
Get answers to both your simple and complex IRA questions from one of the most respected IRA experts in the country at GBA’s next IRA Basics seminar Feb. 7 at Idle Hour Country Club in Macon. Patrice Konarik of Sunwest Training Corp. will provide the new IRA banker or supervisor with a complete understanding of all areas of the account as well as newly enacted regulations, including IRA terminology in a simple format, an explanation of IRA forms, qualifications, deadlines, contribution limits and more. Each participant will receive a completely updated 275-page IRA Training and Reference Manual. Register by Jan. 30 for the early-bird price of $225 per person. Click here to register online...
GBA 125 Look Back
GBA’s 85th Annual Convention in 1977

In this week’s look back at GBA history, we take a peek at the goings on during GBA’s 85th Annual Convention that was at Jekyll Island in 1977. The highest ranking banker in the Association at the time had the title of President, and that was John H. Davis of The Farmer’s Bank in Tifton. In his address he highlighted GBA successes during the year including milestone of graduating the 600th banker from the Georgia Banking School, the success of the GBA Insurance Trust and the Public Affairs Committee’s trip to Washington, D.C. Association Executive Vice President Frank Lindsay gave an address highlighting General Assembly advocacy supporting bills dealing with intangible property taxes, interest rates on loans secured by real estate, and a garnishment bill. He discussed at the national level the expansion of credit unions pushing to expand into mortgages and CDs. Attendees also were treated to an address by Georgia House Speaker Tom Murphy. More from the '77 convention here...
Bank Security Conference Agenda and Registration Coming Soon!
The GBA Security Committee is putting the finishing touches on the agenda for the 2018 Bank Security Conference, which will be April 12-13 at the King and Prince Hotel on St. Simons. Sessions will be geared to meet the needs of budding and seasoned bank Security professionals, and featured topics will include information on the new Bank Safe Training Program, a partnership of AARP, the Department of Human Services, and the GBA; the Safe Catch Program; new bank technologies and how they affect your job protecting your bank and your customers; human trafficking; victim advocacy; ID theft/check protection; and a two-hour session with essential information for Bank Security Officers. The early registration fee will be $350 per person, and the GBA room rate will be $219 (resort view/historical building); $234 (partial oceanview) and $249 (oceanfront).
Pay for Georgia Banking School or Compliance School Now to Get into Year-End Expenses
There’s still time before year end to submit your enrollment application for the 2018 sessions of Georgia Banking School and GBA Basic Compliance School pay for tuition from this year’s expenses. These two schools will run concurrently May 6-11 at the UGA Center for Continuing Education & Hotel in Athens. Enroll your student now and pay now. Or, you can enroll now and defer tuition payment until 2018. Save $130 on tuition through Feb. 9. For more information on Banking School, click here; for Compliance School, click here...
2017 BankPAC Campaign Update
There is still time to join your peers from around Georgia and make your contributions to the 2017 BankPAC Campaign. Contributing this week to the GBA StatePAC is Southern Bank & Trust, Clarkesville, Tony Collins, president & CEO, and contributing to the GBA FedPAC are eligible officers with Planters First Bank, Cordele, Heath Fountain, president & CEO. Thanks to all!
BankPAC Sporting Clays Event - Feb. 8th
Mark your calendars for our first BankPAC Sporting Clays Event, which will be at Old Hudson Plantation in Greensboro on Feb. 8, sponsored by Leadership GBA. You won’t want to miss this exciting new addition to our event lineup. You may register here and come help us make this a bang-up success! With questions, please call Susie McGehee at 404.420.2010.
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 website "seat," one telephone site license and all handout materials. If you can't attend the webinar, you may buy the CD of the recording, handout materials and/or 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...
GBA Staff at our holiday luncheon
Nita Fulghum (in red) was recenlty honored for 39 years of service to
Georgia banking
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