Education Seminar

2015 Analyzing Financial Statements and Tax Returns Certificates
How do you determine the creditworthiness of current and prospective customers?

Sheraton Los Angeles Downtown Hotel

One of the core elements in your commercial lending training.

Designed to assist bankers with the responsibility of examining personal and corporate financial statements and tax returns, this two-day program will focus first on Personal Financial Statements and Tax Returns, before moving on to Business Financial Statements and their tax return equivalents. 

In 2015, CBA is pleased to offer three lending programs to further the knowledge and abilities of those responsible for commercial lending. Each course is designed to be taken on its own, but CBA highly recommends you consider enrolling in the entire 2015 lending curricula. 


The program will begin at 8:30 a.m. each day, with breakfast at 7:30 a.m., lunch at noon, and will conclude by 4:30 p.m.

This course will cover the following topics:

Day 1 – Personal (Business Owners as Guarantors)

  • Introduction to personal financial statements and tax returns, and a three-step approach to systematic and efficient analysis
  • Key features of bank formats (case) and review of assets, direct liabilities and contingent liabilities
  • Calculating adjusted net worth, outside net worth, debt-to-income (DTI) and other ratios (case)
  • Why personal tax returns can be difficult to analyze, and how to target relevant information consistently
  • Key personal tax return schedules and developing personal cash flow (two cases)

Day 2 – Business Financials and Ratios

  • Basic structures and purposes of business financial statement components and their tax return equivalents
  • The three primary bases of accounting
  • How financial statements are constructed (case, accounting refresher)
  • Ratio analysis: liquidity, leverage, profitability, efficiency and debt coverage (case)
  • Using industry data and other resources


Junior commercial loan officers, new relationship managers, business bankers, credit analysts, loan underwriters, loan support officers, loan review analysts, credit support officers, credit administration, portfolio managers, business development officers, loan officer trainees, branch managers, financial services officers, client services officers and personal bankers.

Program Objectives

  • Determine when to require personal financial statements
  • Make required adjustments to personal financial statements for cooperative borrowers and belligerent borrowers during a problem loan situation
  • Analyze a potential borrower’s personal and corporate financial statements and the major components
  • Calculate key ratios to determine liquidity, leverage, asset management, operations and cash flow
  • Determine how personal and corporate tax returns and relate to each other


Richard Hamm has been training bankers for 24 years, designing and delivering courses specializing in commercial lending and credit, including portfolio and risk management, commercial real estate (CRE) and appraisals, plus selling and negotiating skills, and director training. His clients include:

  • National associations such as the American Bankers Association (ABA) and the Risk Management Association (RMA)
  • Regional banking schools such as the Barret School of Banking – Memphis, the Graduate School of Banking – Wisconsin, the Southwestern Graduate School of Banking – Dallas, the Graduate School of Banking at Colorado and the Western States School of Banking
  • State banking and community banking associations in nine states
  • Individual banks

Richard is based in Huntsville, AL and has owned/operated Advantage Consulting and Training for 9 years, after a 22-year banking career including senior positions in lending and credit, plus president through formation and acquisition of a community bank. He has bachelor’s and master’s degree from the University of Alabama, and holds the CTP (Certified Treasury Professional) designation.


Registration Fees

Early-Bird Registration extended through Friday May 22, 2015
CBA Member: $795
Non-Member: $995

Regular Registration
CBA Member: $995
Non-Member: $1,195

Cancellation & Complaint Resolution Policy

Substitutions are allowed, at no additional cost. Written notice is required for all substitutions/cancellations. The full registration fee will be refunded if written notice is received by May 15, 2015 and 50 percent if by May 22. No refunds will be provided after May 22. Registrations made on or after May 22 are not subject to refund.

If for any reason you are not fully satisfied, please contact Corbett Cutts at (916) 438-4428.

Location Information

Thursday and Friday, June 4-5, 2015

Sheraton Los Angeles Downtown Hotel

711 South Hope Street
Los Angeles, CA 90017
(213) 488-3500

CBA has arranged a special room rate of $169 per night.

Please contact the hotel at (213) 488-3500 and mention California Bankers Association to reserve your room prior to May 5, 2015. 

Credit Information

Program Level: Beginner

Prerequisites: Participants should have at a good background or prior class work in accounting and tax return analysis.

Advance Preparation: None

Method of Presentation: Group – Live (Lecture, Discussion, and Case Study)

Recommended CPE Credits: 12.0 Hours Maximum
(Estimated 4.0 Accounting, 8.0 Specialized Knowledge and Applications)
Sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. Please note that not all state boards have adopted this rule. Some participants may not be able to use one-half credit increments.