Join Patrick J. Kennedy, Jr. at the Bank Holding Company Association’s Fall Seminar scheduled for October 6-7 at the Minneapolis Airport Marriott Hotel. Mr. Kennedy will be speaking at the Breakout session on Tuesday on Access to Capital and other Subchapter S Bank Issues. You can register for the conference here.
BHCA FALL SEMINAR 2014 AGENDA
MONDAY, Oct. 6, 2014
5:00 p.m. to 6:30 p.m. ~ Registration and reception
6:30 p.m. to 8:30 p.m. ~ Dinner and program
“Leadership Lessons from Two World Series”
Al Newman played for the Minnesota Twins from 1987 to 1991, just long enough to play in two World Series. The switch-hitter filled in where needed, including second base, third base, shortstop and left field. In 1990, he was part of a record-setting two triple plays in a single game. Also playing for the Expos and Rangers, Newman concluded his career as a coach. In addition to stories from the baseball diamond, Newman will share ideas for converting his experiences into useful leadership lessons.
TUESDAY, Oct. 7, 2014 ~ General Session
7:30 a.m. to 8:30 a.m. ~ Registration/breakfast
8:15 a.m. to 8:30 a.m. ~ Annual BHCA Business Meeting
8:30 a.m. to 9:30 a.m. “Behind the M&A Headlines”
Steven P. Kent, president of River Branch Capital, LLC, Chicago, will take us beyond the press releases and newspaper stories in a comprehensive look at the bank mergers and acquisitions scene. Planning to buy or sell a bank, branch or holding company? Kent will describe the current market, analyze the trends and offer ideas about how to succeed in an M&A marketplace that seems to be heating up. Prior to joining River Branch Capital, Kent was Managing Director at Keefe, Bruyette & Woods, Inc., for 13 years.
9:30 a.m. to 10:30 a.m. “The Tech-Savvy Board: Helping Directors Understand Technology”
Jack Vonder Heide, president of Technology Briefing Centers, Inc., Chicago, leads this information-packed session designed for your directors and senior management. IT risk and strategy has become more consequential as customers migrate to electronic delivery channels. New laws, guidance and regulations require a higher level of board and senior management focus on IT. Vonder Heide provides an easy-to-understand overview of current and emerging bank technology issues with a practical assessment of their benefits and risks.
11:00 a.m. to Noon ~ Breakout Sessions: Choose from four timely topics listed below.
12:15 p.m. to 12:45 p.m. ~ Lunch
1:00 p.m. to 1:45 p.m. “Surveying the Economic Landscape”
Laura Kalambokidis, the new state economist for Minnesota, will share her thoughts on current economic conditions, including taxes, labor markets, interest rates and more from a national, regional and state perspective. Kalambokidis, a professor in the Department of Applied Economics with the University of Minnesota, is an expert on public sector economics and tax policy issues.
2:00 p.m. to 3:00 p.m. “Forecast for Weathering Today’s Business Environment”
Paul Douglas, former KARE 11 and WCCO television personality, is a nationally respected meteorologist at WeatherNation TV, a new 24/7 weather channel. Founder of Media Logic Group, Douglas and his colleagues provide weather services for a variety of media outlets. A scientist and an entrepreneur, Douglas will share insights based on his experience working in a high-visibility, drastically-changing industry, as well as starting his own businesses.
TUESDAY’S Breakout Sessions
Session A “Turn Risk into Rewards: How to Avoid Regulatory-Inspired Mediocrity”
New regulatory requirements are fundamentally changing the way bank managers develop risk/reward strategies for their organizations. Bart Smith of Performance Trust Capital Partners, Chicago, will share insights into the regulatory process and discuss keys for managing regulatory issues. Smith is a former senior manager with the FDIC.
Session B “Bitcoin: Opportunity, Risk or Fad?”
We’ve all heard of Bitcoin, but how many of us can explain what it is and how it works? In this session, George Meinz and Hailey Hollenhorst of the Gray Plant Mooty (St. Cloud, Minn.) law firm will provide a primer, with comments about how this open-source payments system might affect your bank.
Session C “Deal Closed, Now What?”
The accounting and legal work in a bank merger or acquisition transaction is not complete at the end of the closing. What happens as the acquirer begins to merge two sets of books into one? What balance sheet implications should be considered before a potential buyer even considers a deal? Douglas Winn and Brenda Lidke of the Wilary Winn Risk Management firm in St. Paul, walk us through the post-merger accounting implications of a bank M&A transaction.
Session D “Access to Capital and Other Subchapter S Issues”
While offering tax advantages, subchapter S incorporation status raises unique issues which can affect an organization’s ability to raise capital. Patrick Kennedy of the Kennedy Sutherland LLP law firm of San Antonio, Texas and the Subchapter S Bank Association President, will look at the issues specific to subchapter S bank holding companies and banks.