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Understanding the financial performance of your bank is crucial in leading a high performing organization. This seminar assesses how the marketplace is affecting the bank and how bank management is in turn responding. One must understand this relationship to create accurate financial statements.
By understanding the linkage between the bank balance sheet and income statement, monitoring key measurements in the bank as well as the decisions that management is making in response to the economic marketplace, we can effectively assess the strengths and weaknesses in our bank.
Once these interrelationships are understood, participants will walk through the CAMELS Rating to predict where their bank may score. Lastly, we will look at a way to create future budgets using the starting point of the Return on Assets.
This is a foundational class that does require experience in understanding financial statements, particularly experience in reviewing income statements, balance sheets and basic ratio analysis. It is most helpful for those either in bank management, on a bank board or aspiring to future leadership roles in the bank.
Learning Objectives:
Complete a pre-session assignment that reviews your bank's financial statements to get a feel for the condition of the bank.
Discuss the existing marketplace, and the impacts they are currently seeing, as well as management's approaches to addressing the impacts.
Review the Balance Sheet and Income Statement of a bank to build an expectation of the interrelationships that exist in financial institution statements.
Measure and set key financial statement ratios to assess the condition of the bank as well as to understand what decisions will be required to improve the performance of the bank.
Apply information from the financial statements to build a CAMELS Rating for your bank
Be exposed to building an annual budget with an ROA Tree model.
9:00 a.m.- 12:00 p.m.
Overview of marketplace and group discussion
The balance sheet and income statement and what they reveal
How key financial ratios point to strengths and weakness
12:00 p.m.- 12:30 p.m.
12:30 p.m. – 4:30 p.m.
How to build a CAMELS rating for your bank
Using the ROA Tree Model to build your budget
ICBA Members: $495
Non-Members: $595
Non-Banker* : $695
Bank Director Program Members: $295
Bank Director Program Non-Members: $395
*Attendance may be subject to ICBA approval.
This event is not recorded. For more information, call 800-422-7285 or email education@icba.org.
Upon registration you will receive an email from ICBA confirming your registration, the dates of the event and a calendar invitation for the event. Approximately 1-2 weeks prior to the event start date, you will receive an email from an ICBA representative containing detailed information including event times and the meeting link.
Who should attend: Finance, Accounting, Cashiers, Audit, Branch Managers, External Directors or anyone else responsible for reading and understanding the bank's financials
Prerequisites: Basic knowledge of bank financial statements.
Advanced Preparation: None
Program Level: Intermediate
Field of Study: Specialized Knowledge
Delivery Method: Group Live
Continuing Professional Education (CPE) Credit Hours: 7.5
To receive full CPE credit for ICBA livestream event you must meet the following requirements:
ICBA Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.
In accordance with the standards of the National Registry of CPE Sponsor, CPE credits have been granted based on a 50-minute hour.
President
Stevens Risk Management LLC
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As such, The Independent Community Bankers of America ("ICBA" or the "Association") has adopted a zero-tolerance policy toward all forms of unlawful discrimination and harassment.
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