Upon completion of this webinar, participants will be able to:
• Understand of the circumstances leading up to current loan repayment problems
• Recognize the benefits of preparing an income statement in addition to a projected cash flow statement for agricultural operations
• Understand the magnitude of the difference between net farm income calculated using the cash basis schedule F of the income tax return and accrual-adjusted net farm income
• Learn how to access a “free” spreadsheet that can be used to prepare an accrual-adjusted income statement
• Learn comparative data sources that can be used to assess financial performance
• Learn the effectiveness of changes in operating strategies and loan terms on repayment capacity
This webinar will address the current state of ransomware and cybersecurity. Upon completion of this webinar, participants will (1) Understand how ransomware works on your network; (2) Be able to identify different types of ransomware and how they propagate across networks; (3) Be equipped to make better decisions around mitigating controls to reduce the risk of ransomware on your network; (4) Gain a better understanding of how to recovery from ransomware; and, (5) Be able to share information with others at their institution about how to identify and prevent ransomware attacks.
You will learn how to properly prepare and file UCC financing statements, the effect of filing, the limitations of perfection by filing, how to design searches, how to evaluate search results, and how to ensure that proper authority to file is obtained.
We will address best practices and procedures and the Motors Liquidation case.
Lending institutions often lack the most recent information or training programs to assist their personnel with the knowledge and experience for proper responses to bankruptcy proceedings.
Regardless of your position in the lending institution or the size of the institution, this presentation will educate you on the overall process of Chapter 7 and Chapter 13 Bankruptcy Laws and the financial impacts on your lending institution.
Key takeaways will be Top 10 Pitfalls for bankers/lenders to avoid when dealing with a borrower that has sought relief under the United States Bankruptcy Code.
Federal bank examiners (FDIC, OCC, FRB) are responsible for evaluating bank’s CRA activities and overall performance. This CRA Evaluation (or “Exam”) is not necessarily scheduled in conjunction with, and may be conducted less frequently than the Compliance Examination. For example, the bank’s compliance examination may occur every 2 years and the CRA exam may occur every 4 years. It appears that compliance with CRA has become less important.
But don’t be misled - when the examiners appear, they may expect the bank to produce 4 years of loan reports, community development activities (including qualified investments, services, and loans). As the CRA Officer, it is important to manage and document CRA activities on an ongoing basis, and not just when “the CRA examiner is coming”!!