Pub 2 2013 Issue 7

September 2013 7 l e a d i n g a d v o c a t e f o r t h e b a n k i n g i n d u s t r y i n k a n s a s the work experience, minus the employee’s expectations for the job. If a leader can help an employee manage expectations, the leader can increase the employee’s satisfaction with the job. Jody Urquhart also provided spouses and guests ways to have fun, laugh, and find humor in our everyday lives and kept the audience entertained with her real life stories and demonstrations. Following a day of golf and speakers, Friday evening held an invigorating tone as the musical comedy act Brinnon & Marks performed for attendees. Following the golf awards on Saturday morning, Chuck Stones recognized four bankers for 50 years of service to the industry. Robert Lampert, Duane Ramsey, W.R. Robbins and Duane Stoskopf were welcomed to the 50 Year Club. The annual business meeting confirmed a change in the KBA by-laws and reduced the number of regions in the state from six to three. The annual election of officers also took place. John Ikard, President and CEO of FirstBank Holding Company of Lakewood, Colorado and Vice Chairman of the ABA, greeted Kansas bankers with a summary of ABA’s top legislative priorities including efforts to target the tax policy advantages currently enjoyed by the Farm Credit System and Credit Unions. Ikard stated, “We bankers have been nice guys for too long and we must be more aggressive in educating members of Congress on how their policies are not only harming our banks, but our bank customers.” Dr. Genetski, economist, began his presentation reviewing the factors boosting the US economy:  1) The banking system has substantial reserves;  2) Fiscal agreement provides a more stable tax environment; and 3) With tax hikes off the table, there is a greater chance of slowing federal spending.  Factors restraining the US economy are:   1) Higher tax burdens;  2) Regulatory burdens depressing productivity; 3) Reg- ulatory burdens depressing job creation; and 4) Regulatory pressure on banks to rebuild capital and limit lending.  After reviewing housing prices, vehicle sales, gold and oil prices, the stock market and interest rates, Dr. Genetski concluded that the odds are against economic col- lapse; however, with the Fed creating a potentially destabilizing envi- ronment, the economy is still very weak and growth is minimal at best. Please mark your calendars now to attend the 30th year at the Broad- moor Hotel on August 7-9, 2014. You can make hotel reservations by calling 1-800-634-7711. Newly installed KBA Chairman Leonard Wolfe, United Bank & Trust, Marysville presented a retiring Chairman’s plaque to outgoing KBA Chairman Frank Carson, Carson Bank, Mulvane. Brinnon and Marks were joined by Austin Marks for a special acoustic music set at the conclusion of their captivating performance. Jim McLaughlin, Central States Capital Markets awarded the traveling trophy to the championship golf team Bob Beymer, Kearny County Bank, Lakin, Dean Johnson, The Capital Corporation, LLC, Ron Johnson, Community National Bank, Seneca. (Tom Kozisek not pictured.) Garick Lair, First Neodesha Bank, Virgil Lair, Bank of Commerce, Chanute and Casey Lair, First Neodesha Bank enjoy the Friday evening event.