Manage Your Talent
Wisely, Build Bench Strength and Recruit the Best
powerful Talent Search in addition to Talent Review and Bench
Strength Analysis functionality, TQ Succession offers a
comprehensive succession planning solution.
Click here for an overview of the module
to learn more. TalentQuest's programs
were developed to provide GBA-member banks with selection,
measurement and development standards for key positions within a
community bank. TalentQuest is a GBA Strategic Partner.
GBA-Endorsed Vendor Risk Management Product Eliminates Stress
the market’s first automated, turnkey
vendor risk management solution. This cost-effective online
service enables banks of any size to identify, measure, monitor and
manage third-party risk based on FFIEC
guidelines and design criteria established by leading financial
services institutions. The system eliminates the stress,
expense and complexity financial institutions face when meeting
Click here to learn more...
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BANKSTAT Management Reporting and Analysis
Retirement, Pension and
Georgia Financial Directory
Thumbprint Signature Program
Priority Bills Await Governor’s Signature
Both of GBA’s priority bills have been passed by the Georgia General
are on the way to Governor Deal for signature. The "Fees are Not
by Rep. Richard Smith (R-Columbus) confirms and clarifies
that overdraft and other common bank fees should not be considered
interest. The bill passed the House unanimously and passed the
Senate with only
five negative votes.
GBA's other priority bill,
by Rep. Bruce Williamson (R-Monroe), is commonly referred to
as the "Patent Troll" bill. The bill adds bad-faith assertions of
patent infringement to the list of violations of the Georgia Fair
Business Practices Act. The bill passed the House with only
one negative vote
and passed the Senate with only
four negative votes.
Get all the details in our weekly
Reminder: Sub S Banks Urged to Comment
The Basel III
capital rules require a capital conservation buffer that could cause
a tax liability for Subchapter S bank shareholders. The conservation
buffer rule prevents banks from making distributions to shareholders
when capital falls below a certain level. Because federal tax
liability passes through a Sub S bank to individual shareholders,
this rule may cause Sub S shareholders to face a tax liability even
when they did not receive a distribution. Bankers at each of
Georgia’s 61 Sub S banks are encouraged to join GBA and ABA in
urging regulators to allow Sub S banks to make distributions equal
to the taxes due on the bank's undistributed income, which would
eliminate the disadvantage.
Link to resources and a sample letter...
Meeting Session Spotlight
Dr. Tim Koch to Address Community Banking From Crisis
economic and regulatory environment makes it an absolute necessity
that bank officers, directors and managers follow core strategies to
grow their banks while appropriately managing risks. Join Dr. Tim
Koch, Finance Department Chair, Moore School of Business,
University of South Carolina, Columbia, during one of the highlight sessions
GBA’s 2014 Annual Meeting June 15-18 at
Greenbrier in White Sulphur Springs, WV.
Get more details here...
GSE Reform Plan Announced
Banking Committee has come to an agreement on a significant
bipartisan plan for housing finance reform, said
Senate Banking Committee Chairman Tim
Johnson (D-S.D.) and Ranking Member Mike Crapo (R-Idaho)
this week. The bill, which is being drafted, would wind down Fannie
Mae and Freddie Mac and create a new Federal Mortgage Insurance
Corporation that would be funded by participating lender fees.
More about the GSE reform proposal...
Loan Limit Bill Introduced
bill introduced in the U.S. House would address the effects of lower
Federal Housing Administration loan limits that took effect Jan. 1.
the new limits are lower in 32
counties this year. The bill, H.R. 4208 by
Rep. Gary Miller (R-Calif.),
would address this by requiring FHA loan limit calculations to use a
Median Home Price at least as great as was used to calculate the
limit in 2013. It also would allow HUD to subdivide and adjust loan
limits for different real estate markets within the same county.
Get more details here...
Northwest Georgia Community Bank
Symposium – April 23
Northwest Georgia community bankers! The Georgia Bankers Association
along with Berry College Campbell School of Business will host its
Northwest Georgia Community Bank Symposium. This event will be
April 23 on the Berry College campus in Rome. The agenda will
feature industry experts who will focus on the many issues facing
the banking industry today.
Farm Banks Increased Loans in 2013
The 224 farm banks in the South region increased farm loans by 6.5
percent, $399 million, in 2013. Farm loans in the region were $6.6
billion in 2013, said the
ABA’s annual Farm Bank Performance Report. Agricultural
production loans increased 11.4 percent from a year ago, to $1.7
billion, while farmland loans rose by 4.8 percent to $4.8 billion.
Get more farm bank stats here...
Unemployment Down for Seventh Straight Month
Department of Labor
said late last week that Georgia’s unemployment rate dropped
to 7.3 percent in January. That’s down slightly from December but
down a full 1.3 percentage points from last January’s 8.3 percent.
January was the seventh consecutive month of declines in the
statewide unemployment rate.
GBA Senior Lending Officer Roundtables
round of GBA Senior Lending Officer meetings took place last week.
Group 1 met in Macon while groups 2 and 3 met in Atlanta.
The Senior Lending
Officer Roundtables were established in response to many requests
received from bankers across Georgia. The Roundtables are for Senior
Lenders as well as Chief Credit Officers and Credit Analysts and are
sponsored by the
GBA Credit Committee. Read what
participants are saying about the roundtables...
Seminars Next Week
Last Chance to Register
You can still sign up for these two
outstanding seminars next week.
Interest Rates to be Discussed at Southeast Georgia Bank
Symposium April 3
As uncertainty continues to persist
in the financial markets, one thing remains certain: interest rates
will eventually rise. When they do, how will you manage the interest
rate risk? Join Omar Esposito of the Federal Home Loan Bank
Atlanta in a discussion about how you can effectively manage
interest rate risk during GBA’s
Southeast Georgia Community Bank
3 at Forest Heights Country Club in Statesboro. More
GBA 2014 Bank Security Conference -
April 10-11, Savannah
The ‘New’ Bank Robbery: Electronic Fraud,
At GBA’s 2014 Bank Security Conference,
April 10-11 in Savannah, Kathy
Druckenmiller, Fraud Manager at
State Bank & Trust in Atlanta, will review fraud trends in
the banking industry. Find out more about the other
great sessions and
and Soundness Seminar Scheduled for May 1
Karl Nelson and Eric Nelson of KPN
Consulting will lead this new seminar. The sessions will
feature a panel of regulators comprised of representatives from the
Federal Reserve Bank, the OCC,
the FDIC, and the Georgia Department of Banking and Finance. The
panel will address each of the CAMELS issues. This seminar will be
held at the Georgian Club in Atlanta on
to find out more information. If you have any questions, please
Danielle Driggers at 404.420.2002.
Marketing Peer Group to Meet May 20
Join GBA member Marketing officers for a day of informational
sessions from a variety of experts and an extended peer exchange
session at the new GBA Marketing Peer Group meeting May 20,
hosted at First Landmark Bank in Marietta. The final agenda
is in development and expert presenters will be announced, but
topics will include coverage of new marketing channels, peer
exchange and business-to-business marketing ideas.
The meeting is from 10 a.m. to 3 p.m. This is one of two GBA
Marketing Peer Group meetings that the
GBA Marketing Committee
will organize in 2014. A second session with a similar agenda will
be held in the fall, most likely in Macon. Marketing professionals
can attend either or both. The price is
With questions or to get more information, please contact GBA’s
Reading Programs, Scholarships and
March-themed Fundraisers Take Center Stage for Georgia Banks
Click here to read about
latest good works by various GBA members. We want to share all that GBA
members do to support their communities.
Submit your community information to
Bo Brannen and
GBA Associate Members may
sponsor GBA's Community
Connections feature to support our member banks' activities in
Georgia communities. Contact
David Oliver at
404.420.2036 for information.
Read about all the Georgia Bankers making news this week...
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.
Career Paths for BankersTM
The 44 most-common bank job
descriptions, the skills and competencies you need to have those
jobs and links to training and development by job title.
Information Security Officer Seminar
Compliance Peer Group
Southeast Community Bank Symposium
Bank Security Conference
April 10 - 11
Deposit and Operations Compliance
Basic Lending Compliance, Two-day
April 16 - 17
Northwest Community Bank Symposium
Account Documentation and Compliance Seminar
Analyzing Financial Statements
Safety and Soundness Seminar
Georgia Banking School
May 4 - 9
Southern Operations & Technology School
May 4 - 9
Marketing Peer Group
2014 Annual Meeting
June 15 -18
White Sulphur Springs, WV
Full GBA-U Calendar