Conference Agenda
Track Sessions
Tuesday, September 15, 2009
Sunday, September 13, 2009
12:30 PM
Conference Registration
1:00 PM - 3:30 PM
PRE-CONFERENCE WORKSHOP
Bank Board Member 101
This workshop will help participants become more effective directors, reviewing issues such as,
- basic duties and legal expectations for boards in today's stricter regulatory environment;
- role of directors in leadership, strategy, and deal evaluation;
- responsibilities of individual directors and committees, and an appreciation of boardroom dynamics; and
- primary challenges for first-time directors and how to overcome them.
Robert M. Fleetwood
Partner
Barack Ferrazzano
John E. Freechack
Chair
Barack Ferrazzano Financial Institutions Group
Allen G. Laufenberg
Managing Director
Stifel, Nicolaus & Company, Inc.
3:45 PM - 4:35 PM
Keynote Address
Economic Outlook
The U.S. really has a dual banking system, Wall Street Banks and Main Street Banks. There are only a few Wall Street Banks, they are now on life support with taxpayer guarantees of their debt and their deposits and tens of billions of taxpayer capital. The government has tons of warrants that they have taken in exchange for using our money to prop up these mega banks. On Main Street, there are about 8,000 smaller FI's servicing America's 6,000 small employers. Credit there did not "freeze up" as it did on Wall Street. But these banks are, inadvertently, being forced to pay for the sins of the Wall Street banks, making it difficult to raise new capital and make loans as "requested" by Washington. The burden of replacing FDIC insurance funds is clobbering profits at these Main Street banks and making it difficult for them to do the job they were designed to do. In this keynote address, Dr. Dunkelberg will outline the current economic outlook, future trends and how they will re-define the role of the board.
William C. Dunkelberg
Liberty Bell Bank
Founder and Chairman of the Board
Professor of Economics in the College of Literature and Arts
Temple University
4:45 PM - 6:00 PM
Welcome Reception in Exhibit Hall
Monday, September 14, 2009
7:30 AM - 8:30 AM
Registration and Breakfast
8:30 AM - 9:00 AM
Chairmen Welcome Remarks
What is the philosophical role of the board versus management? How do the two fit together? This session will set the stage for the event's discussions.
Rich Melville
Group Editorial Director
SourceMedia/American Banker
TK Kerstetter
President & CEO
Board Member Inc. /Bank Director
9:00 AM - 9:40 AM
Industry Review
One of the industry's most respected advisers will review the strategic challenges and operating conditions for banks across the country. Mr. Duffy will outline the industry landscape, including a look at valuations, liquidity, capital, M&A activity, deposit growth rates, asset quality, and more. Attendees will take away valuable insight to help their banks respond to current banking trends.
John Duffy
Chairman & CEO
Keefe, Bruyette & Woods Inc.
9:40 AM - 10:00 AM
Refreshment and Networking Break in Exhibit Hall
10:00 AM - 10:50 AM
Keynote Address
The Board-CEO Relationship
Hear a respected CEO discuss the delicate balance of board oversight versus micro management and gain tips on how CEOs and boards can ensure an effective working relationship.
Michael J. Blodnick
President and CEO
Glacier Bancorp Inc
10:50 AM - 12:00 PM
Peer Collaboration
Don't miss a unique opportunity to brainstorm, network, and share insights in small peer groups. Attendees will be divided based on their institution's asset size to discuss a short list of relevant topics.
12:00 PM - 1:25 PM
Luncheon for all participants
1:25 PM - 2:25 PM
Director Panel
How Effective Boards Foster High Performance Banks
What are the most important characteristics for a successful board? A panel of directors representing high performing banks will discuss what separates high performing bank boards from the rest of the pack. Learn how to improve the effectiveness of your board. Gain valuable tips on board structure and allocation of responsibilities.
Moderator:
Michelle Gula
President & CEO
m.rae resources, inc.
Panelists:
F. Scott Dueser
President & CEO
First Financial Bankshares, Inc.
Michaela Rodeno
Director
SVB Financial Corp.
2:30 PM - 3:25 PM
The Board's Responsibility for Risk Oversight
2008 will be known as the year of risk. Be part of actively developing this presentation agenda by personally taking part in a pre-conference survey on risk. Your comments will not only develop the agenda, but will lead the discussion as the subject of risk is examined and actively modeled. History may repeat itself...but join this session to make these turbulent times work to be a huge opportunity for you. Take action and optimize! Questions to be addressed include:
- Do you properly assess your risk?
- Do you properly model your sensitivity to changing market values?
- Are you compliance driven or strategically making decisions?
- How "independent" is your third-party advice?
Jay Brew
Chief Strategist
m.rae resources, inc.
Michelle Gula
President & CEO
m.rae resources, inc.
Lawrence W. Schwartz
Director
Annapolis Bancorp Inc. and First Virginia Community Bank
Terry Strange
BBVA Compass
Director
3:25 PM - 3:45 PM
Refreshment and Networking Break in Exhibit Hall
3:45 PM - 4:40 PM
PEER BREAKOUTS
The Board's Responsibility in Strategy
How can banks think beyond 12 months when the rules of the game change almost daily? Explore strategic opportunities to improve your bank's top-line growth. Discuss the board's role in developing strategy and monitoring management's implementation of the plan. How often should the board revisit the strategy to test its viability? Find out what the board should do when external factors create a need to change the strategy in the middle of the course. Attendees will be divided into two groups to gain the most relevant information for their institution.
James J. Brownson
Director
QCR Holdings Inc.
Ted Laborde
Director
Gulf Bank & Trust
Craig Mancinotti
Managing Director and Principal
Austin Associates LLC
Richard F. Maroney Jr
Managing Director and Principal
Austin Associates LLC
5:00 PM - 6:30 PM
Gala Reception
Sponsored by:
Tuesday, September 15, 2009
7:00 AM - 8:00 AM
Breakfast in Exhibit Hall
8:00 AM - 8:05 AM
Day 2 Welcome and Announcements
8:05 AM - 9:05 AM
Critical Issues for Bank Boards in 2010
Several bank experts will outline the future for the industry and provide tips to help directors manage through these challenging times. What will be the biggest challenges for banks in the next 12 months? What are the biggest opportunities for community, regional, and large banks? How can bank boards help repair the damaged reputation of the banking industry? Find out the answers to these questions and more to ensure your institution comes out the other side whole.
Michael Menzies
Chairman
Independent Community Bankers of America
Thomas P. Vartanian
Partner and Chair, Chair of Financial Institutions Transactions Group
Fried, Frank, Harris, Shriver & Jacobson LLP
David Nason
Managing Director
Promontory Financial
9:05 AM - 9:55 AM
Key Questions Every Board Should Ask Their CEO and Themselves
Martye Cohen
Co-Chairman
Team Capital Bank
Kendall Williams
Director
Citizens Republic Bancorp
9:55 AM - 10:15 AM
Refreshment and Networking Break in Exhibit Hall
CONCURRENT SESSIONS
10:15 AM - 11:05 AM
Accessing New Bank Capital
The U.S. banking industry is emerging from a deep economic downturn with a need for new private capital. This session will review the various strategies that community banks can employ to raise capital. Included will be a discussion of the valuation environment and the spectrum of capital instruments. The session will also cover the types of bank investors: private equity, institutional, and retail.
Ben A. Plotkin
Executive Vice President
Stifel Nicolaus & Company Inc.
10:15 AM - 11:05 AM
Being a Director in 2010: The Year of Living Dangerously
This presentation will look at the change in focus of shareholder activism to now be squarely centered on the boardroom. Participants will examine the major forms of activism -- shareholder proposals, "vote no" campaigns, and proxy fights. Particular attnetion will be given to the new focus on executive compensation and the use of withhold and against votes to place pressure on board actions. Attendees will learn about new weapons in the activist arsenal, such as the triennial "say on pay" proposal, as well as the impact of potential regulatory changes, such as equal access and the loss of discretionary voting. And the session will outline measures that will help directors navigate the stormy year ahead.
John Seimann
Partner
Laurel Hill Advisory Group
10:15 AM - 11:05 AM
The Environment in the Beltway: What's Going On and What's Next
A respected bank analyst will provide valuable insight on the biggest regulatory issues coming down the pike. Learn what the consequences of the continuing stream of bank failures will be for the industry, and what regulatory changes community banks can expect in 2010.
Brian Gardner
Washington Analyst
Keefe, Bruyette & Woods Inc.
10:15 AM - 11:05 AM
Understanding, Measuring, and Managing Value
Directors of banks of all sizes face issues regarding value, such as:
- For privately held banks, what is the value of a bank's stock in an employee benefit plan?
- For publicly traded banks, what is the value of an illiquid asset?
- For both private and public banks, what is the value of an acquisition target?
Andrew K. Gibbs, CFA, CPA/ABV
Senior Vice President
Mercer Capital
CONCURRENT SESSIONS REPEAT
11:10 AM - 12:00 PM
Accessing New Bank Capital
The U.S. banking industry is emerging from a deep economic downturn with a need for new private capital. This session will review the various strategies that community banks can employ to raise capital. Included will be a discussion of the valuation environment and the spectrum of capital instruments. The session will also cover the types of bank investors: private equity, institutional, and retail.
Ben A. Plotkin
Executive Vice President
Stifel Nicolaus & Company Inc.
11:10 AM - 12:00 PM
Being a Director in 2010: The Year of Living Dangerously
This presentation will look at the change in focus of shareholder activism to now be squarely centered on the boardroom. Participants will examine the major forms of activism -- shareholder proposals, "vote no" campaigns, and proxy fights. Particular attnetion will be given to the new focus on executive compensation and the use of withhold and against votes to place pressure on board actions. Attendees will learn about new weapons in the activist arsenal, such as the triennial "say on pay" proposal, as well as the impact of potential regulatory changes, such as equal access and the loss of discretionary voting. And the session will outline measures that will help directors navigate the stormy year ahead.
John Seimann
Partner
Laurel Hill Advisory Group
11:10 AM - 12:00 PM
The Environment in the Beltway: What's Going On and What's Next
A respected bank analyst will provide valuable insight on the biggest regulatory issues coming down the pike. Learn what the consequences of the continuing stream of bank failures will be for the industry, and what regulatory changes community banks can expect in 2010.
Brian Gardner
Washington Analyst
Keefe, Bruyette & Woods Inc.
11:10 AM - 12:00 PM
Understanding, Measuring, and Managing Value
Directors of banks of all sizes face issues regarding value, such as:
- For privately held banks, what is the value of a bank's stock in an employee benefit plan?
- For publicly traded banks, what is the value of an illiquid asset?
- For both private and public banks, what is the value of an acquisition target?
Andrew K. Gibbs, CFA, CPA/ABV
Senior Vice President
Mercer Capital