2021 CONFERENCE MATERIALS
Community Banks: Powering Through the Pandemic
SUNDAY, October 24, 2021
4:00 to 5:00pm – WSDEF Board Meeting – Salon 5
4:00 to 6:30pm – Registration – Paradise Terrace
6:00 to 8:00pm – Welcome Reception – outside on the Northern Garden
Enjoy an abundance of hors d’oeuvres and libations while reconnecting with friends under the Arizona sky. Background music features Spanish guitarists, the Sahnas Brothers.
Indoor backup – if necessary, to be posted on resort’s reader boards
MONDAY – October 25, 2021
7:00 to 8:30am – Breakfast with spouses/guests – outside on the Sonoran Terrace
7:30am to 3:15pm – Registration/Meeting Planner Station – Paradise Salon 3 Foyer
8:30am to 3:15pm – General Session – Paradise Salons 1, 2 & 3
8:30 to 8:45am – Opening Remarks and Housekeeping – Symposium Moderator
Jerry Walker, President and CEO, Independent Community Bankers Association of New Mexico, Aztec, NM.
8:45 to 10:15am – The US Economy Pre and Post November 2020
Dr. Stephen Happel, Professor Emeritus of Economics at the Arizona State University, W.P. Carey School of Business, Tempe, AZ
The presentation begins with an overview of the Trump administration’s economic performance relative to the Obama years. The Blue Chip Forecast from November 2020 for 2020 and 2021 are considered next, after which the economic actions taken by the Biden administration are highlighted. The Blue Chip Forecast from October 2021 for 2021 and 2022 are then reviewed in terms of their likely accuracy in light of current Federal Reserve policy, COVID outcomes, the banking environment, and key international issues. The presentation concludes with what may happen in the 2022 House and Senate elections and in the 2024 presidential election with time for Q&A.
10:15 to 10:30am – Break
10:30 to 11:30am – – What Lessons Have We Learned, and Will We Forget
David A. Linaburg, Executive Vice President and Chief Credit Officer, TIB The Independent BankersBank, N.A., Dallas, TX
The focus will be what we learned from the 2008 recession, actions we took after, and were we ready for another recession, this time caused by a virus, not an asset class. It will also focus on credit risk; are we being compensated for this risk and what competition is forcing us to do. We will also discuss the tough decisions that need to be made between retaining or losing a good customer because of competition. The discussion will also cover what reports management should be providing directors and reporting in a good economy and a recessionary economy. These should be very different so that intelligent decisions can be made.
11:30am to 1:00pm – Lunch with spouses/guests– outside on the Sonoran Terrace
1:00 to 2:00pm – Views from the Regulator during Uncertain Times
Tara Humston, Senior Vice President, Supervision and Risk Management, Federal Reserve Bank of Kansas City, Kansas City, MO
The COVID-19 pandemic brought on a great deal of uncertainty within the banking sector. Some topics covered in this session will include a discussion of certain actions taken by the Federal Reserve to support the economy and banking industry. In addition, we’ll discuss risks regulators are observing in the banking industry and what risk management strategies might bankers consider. Lastly, while banks have likely weathered much of the pandemic storm uncertainties remain, so what are the indicators to be watching during these challenging times and what may be driving the future of the financial landscape.
2:00 to 2:15pm – Break
2:15 to 3:15pm – Creating and Promoting an Environment Where Community Banks Flourish
Rebeca Romero Rainey, President & CEO, Independent Community Bankers of America, Washington, DC
Creating and Promoting an Environment Where Community Banks Flourish
In 2020 we saw Community Banks respond to meet the needs of their communities that once again demonstrated the resilience and long-term focus of the business model. This presentation will highlight how Community Banks across the country innovated, adapted, and responded to serve their customers during the pandemic and the response of the administration lawmakers and the agencies. Focus will be given to the lessons learned over the last year and the exciting and rewarding path forward for the industry.
Evening on your own
TUESDAY, OCTOBER 26, 2021
6:00 to 7:30am – Breakfast – outside on the Sonoran Terrace
7:30 to 11:30am – Meeting Planner Station – Paradise Salon 3 Foyer
7:30 to 11:30am – General Session – Paradise Salons 1, 2 & 3
7:30 to 8:45am – Outside Director Perspectives
Facilitator – Kristin S. Godfrey, Founder, Godfrey Law Group, LLC, Denver, CO
Dan Gust, Outside Director, RNB/Front Range State Bank, Longmont, CO – $230M
Tom Hutchinson, Chairman of the Board, Citizens Bank of Las Cruces, Las Cruces, NM – $900M
Rick Zarek, Outside Director, First State Bank, Gothenburg, NE – $850M
8:45 to 9:00am – Break
9:00 to 10:15am – Business & Economic Outlook
David M. Kohl, Ph.D., Professor Emeritus, Virginia Tech
The Covid-19 black swan landed like no other bird creating economic, financial, social, and emotional anxiety in its wake. This major disruptor created challenges for some but opportunities for others. What will be the future of global and domestic economics, trade, land values, customer behaviors, and everything in between? Come join us to discuss the four pillars of success for converting economic uncertainty and disruptions into business opportunities. A high business IQ will be one of the common denominators of success. What are the components of a high business and financial IQ that provide resiliency and agility to navigate accelerated change that has been created by the pandemic? Tune in to this informative session with Dr. Kohl to learn some action items that will position your business and management team to navigate the economic white waters of the decade of the 2020s. Join Dr. David Kohl, Virginia Tech Academic Hall of Famer for his views and perspectives that will impact producers, ag lenders, and agribusinesses.
10:15 to 10:30am – Break
10:30 to 11:30am– Closing Keynote– A.R.M.E.D.
Mary Kelly, Ph.D., CSP, Commander, US Navy (ret)
CEO, Productive Leaders
Spouses and Guests Welcome!
Mary will combine two of her keynote topics – Who Comes Next? – which is about succession and ARMED. How the right succession plan will attract top talent, develop leadership skills and guarantee success for the next decade and beyond. Get out of panic mode and into a culture of continuous leadership development.
- Attract the right customers and people to your organization
- Recruit/Retain the right talent to serve customers and create experiences
- Mentor/Manage current and emerging leaders to full potential
- Evolve forward-thinking leadership as the corporate culture
- Develop teams and talent for future success
*Agenda subject to change