Pub. 8 2019 Issue 6

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 16 2019 ECONOMIC OUTLOOK AND RISK MANAGEMENT CONFERENCE T he Wichita Marriott Hotel was the location for the 2019 Economic and Risk Management Conference November 6-7. With many CEOs, CFOs and investment bankers on hand, the program provided high level and timely information for bank development and planning. KBAChairman-elect Jonathon Johnson, Home Savings Bank, Chanute, welcomed attendees, thanked conference sponsors and gave special recognitions before introducing the first keynote speaker, economist Tom Cunningham. Forecasting is, at best, inexact. However, in his talk titled, “The Economic Outlook and Its Risks,” Cunningham gave a detailed discussion of the expected path of the economy, why that is the most likely outcome, what the foreseeable risks are to that outlook, and how to think about economic news in the context of the forecast. “The ALCO Process — Driving Bank Performance,” was presented by Todd Taylor, Taylor Advisors. Taylor addressed the various indicators that drive how we perform in terms of ROA and ROE metrics. By looking at positions from the perspective of past, present and future, the ALCO can begin to develop forward-looking strategies to improve profitability. Taylor also provided a real-world example of an underperforming bank versus an outperforming bank, and how an effective ALCO process made all the difference. Following the noon luncheon, KBA President and CEO Doug Wareham gave an overview of the KBA Strong 2020 Capital Campaign. Wareham shared with the group that KBA is pursuing an forward-thinking agenda that includes fighting for tax equity at the Kansas Statehouse and in the halls of Congress, improving our industry’s image with consumers and the next generation of our industry’s workforce and further expanding KBA’s capacity to assist Kansas banks with their legal and compliance needs. Simply put, there are three buckets: advocacy/legal defense for strong banks and strong communities; Kansas Bankers Educational Foundation; and KBA headquarters modernization. The conference had three options for breakout sessions that included: • “The Road Ahead Appears Flat: Identifying an Investment Strategy to Avoid Any Potential Potholes,” Nicole Burcyzk, Country Club Bank • “Dynamic Liquidity Management,” Dale Sheller, The Baker Group • “Building a Contract Negotiation Roadmap,” Ryan Rackley, Cornerstone Advisors Calvin Coady (Bankers’ Bank of Kansas, Wichita) and John Lehman (GNB Bank, Girard). Shan Hanes (Heartland Tri-State Bank, Elkhart) and Kendall Kay (Stockgrowers State Bank, Ashland). Travis DeeWall (Cox Business, Wichita) and Jeff Steiner (FHLBank, Topeka). KBA Chairman-elect Jonathon Johnson (Home Savings Bank in Chanute) welcomes the attendees. Todd Taylor, Taylor Advisors, during his presentation on the ALCO process. Presenter Ryan Rackley, Cornerstone Advisors.