“Strategies
for Attracting and Keeping the Best Board”
Dr. Douglas V. Austin, Chairman/CEO, Austin Financial Services,
Inc.
Presentation
Where can you find the best candidates
for your board and how can you convince them to join? What should you
tell them and should any information remain confidential until after
they join? How much should they be paid, and how do you retain them on
the board? This
session discusses modern techniques and sound programs for recruiting
bank and thrift directors. At the same time, it provides suggestions for
informing them of all the risks and liabilities inherent in the job as a
director and how to keep them on the
board, including evaluating their
capabilities as a director.
"Directors and Credit Risk Management"
Garry Barnes, Regional Vice President, Valley Independent Bank
Presentation | Handout
Credit Risk Management may well be the single
most important activity of the board. This function is dynamic, fluid
and high-risk, requiring a strong working knowledge of credit
underwriting principles. This brief primer will introduce the
participant to M.O.S.T., a concept specially designed to assist board
members create actionable solutions, develop greater understanding of
essential and significant credit issues, recognize risk mitigates, make
sound lending decisions, further building a solid credit culture and
contributing to the bank’s greater productivity and profitability. Our
proactive approach to the subject will result in a more effective use of
the director’s time in loan committee.
“Setting the
Course: Strategic Planning
and Understanding what Impacts the Value of My Bank”
Bill Boyan, Managing Director, Sandler O’Neill & Partners,
L.P.
Presentation
In
today’s competitive and dynamic environment, every banking institution
should have a comprehensive strategic plan, which results in a cohesive
vision for the Board of Directors and the management team. In this session we will discuss the trends and issues that impact
bank and thrift valuations, including: the M&A market and the recent
mega-mergers, the trust preferred market, the equity capital markets,
and the de novo branching boom. By
attending this session, the members of Western Independent Bankers will
be provided with information that should help them set the right course
for their bank, shareholders, customers and employees.
"Investment Portfolio Management"
Ed Krei, Director, Asset/Liability Strategies, James Baker &
Associates
Just how much does a Bank Director need to know
about securities purchased by the Bank and the Bank’s Investment
Practices? How can Board members improve their perspective to know what
relevant questions they should be asking about the bond portfolio and
how it fits into the bank’s financial and risk management strategies?
In this session we will address the characteristics of high performing
banks and high performing bond portfolios. Participants will learn how a
Bank can get the most out of its investments while identifying and
managing the risks being taken. Including:
- Basics of bond portfolio analysis
- what Directors need to know
- The types of bonds banks are buying
today
- What your investment policies should
address
- Developing a financial and
investment strategy
- Understanding the "bets"
in your bond portfolio
"New Bank Director Nitty Gritty"
John Oliver, President, Laurel Management Systems
Presentation
This session is designed to provide new
directors with an introduction to the key requirements of the role,
addressing such issues as:
- The level of involvement that is
expected.
- The role of the director as opposed
to the role of management
- The level of knowledge about the
industry and the institution that
is expected of an effective director
The impact of recent legislation on the
role
John will discuss the major differences between
bank governance and being involved on the boards of directors of other
types of corporations.
“Assessing
the Effectiveness of Internal Control Over Financial Reporting”
Robert T. Perry-Smith, Chief Executive Officer, Perry-Smith LLP
Richard Wilson, SF Region Accounting Specialist, FDIC
Perry
Smith Presentation |
Wilson Presentation
Has
Section 404 of Sarbanes-Oxley elevated the responsibilities of the Audit
Committee and the Board of Directors? The answer is… YES! In fact, the Audit Committee plays a very important role within
those controls. We will discuss the Audit Committee’s oversight
responsibilities in establishing the appropriate tone at the top,
understanding the current control environment, recognizing the necessary
commitment of resources, monitoring management’s implementation and,
ultimately, evaluating management’s report to your shareholders.
"Compensation Committee Issues"
Charles Thayer, Chairman, Chartwell Capital Limited; Marc Trevino,
Partner, Sullivan & Cromwell, LLP; Bob Miller, President,
Compensation Group, Clark Consulting
Thayer
Presentation |
Trevino Presentation| Miller
Presentation
The Compensation Committee faces one of the most
challenging governance issues addressed by any board. No other board
committee has such a profound personal impact on the CEO and every
employee. This panel will discuss the committee’s membership,
compensation policy, executive compensation, executive benefits and
board compensation.
