CBAO Horizon Bankers 2018 Annual Conference
written by Bob Toler
Oklahoma State Banking
Department representatives recently made presentations and provided a panel
discussion for the Community Bankers Association of Oklahoma’s Horizon Bankers
Assistant Deputy Commissioner
Jeff Bagby, Review Officer Bob Toler, and Examiner Monty Brant discussed banking
legislation, future banking prospects, Bitcoin technology and current
examination issues. Conference attendees had several questions for the
panel related to regulators’ expectations regarding new accounting and
compliance requirements for the allowance for loan and lease losses and the
Bank Secrecy Act.
Discussion of current issues focused on management of
bank liquidity, asset concentrations and banking organization infrastructure
and staffing expansions to keep pace with asset and product growth. Other
conference speakers presented information on bank insurance, investment
portfolio management, personal and relationship development, effective bank
marketing and the payment system.
pictured above: Monty Brant, Bob Toler, and Jeff Bagby
2018 ABA Risk Management Conference
written by Doyle Jones
Oklahoma Banking Department Regional Examiner Rick Nelson
and Senior Examiners Mike Truitt and Doyle Jones attended the 2018 ABA Risk
Management Conference. The conference provided
several relevant and timely seminars and discussions relating to many levels of risk management topics.
Included were several breakout sessions with helpful
topics including: Enterprise Risk Management; Cyber Risks; Liquidity Risks;
Disaster Preparedness; Credit Concentration and many other hot topics related
to risk management. These are emerging
issues that will be important as some of the community banks in Oklahoma become
larger in asset size and more complex.
The speakers provided an analysis of current and
developing issues that will likely affect community banking more as the federal
regulators move further into a risk-focused examination process. The conference also touched on the upcoming
Current Expected Credit Loss or CECL and its impending impact on banks in
Senior Examiners Attend OBA BSA/AML Compliance Management Seminar
written by Shawn Burcham
Senior Examiners Shawn Burcham and Melanie Sparks attended
the OBA’s BSA/AML Compliance Management seminar in April 2018. This is
OBA’s flagship BSA/AML training event. This program included a review
of all of an institution’s BSA technical compliance responsibilities. It
also incorporated a review of the required elements of an AML program from CIP
to enhanced due diligence. Furthermore, the seminar highlighted upcoming
changes to the BSA process such as the beneficial ownership guidelines and
changes to the current CTR and SAR forms.
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