Post

2017 CECL Workshop
November 27 @ First Northern Bank • Dixon, CA
November 29 @ Community Bank • Pasadena, CA

Please join the CBA as we hear from subject matter experts from Moss Adams LLP and MST Advisory Services in our first ever CECL workshop.

The workshop will take place in both Northern and Southern California.

First, on Monday, November 27, 2017 the CECL Workshop will be held at First Northern Bank located in Dixon, CA. Then, on Wednesday, November 29, 2017 we will hold the workshop in Pasadena, CA at Community Bank.

Agenda

8:30 a.m. – 9:00 a.m. Registration/Welcome
9:00 a.m. – 10:00 a.m. Implementation Blueprint
10:00 a.m. – 11:00 a.m. Data and Models, Including Segmentation
11:00 a.m. – 11:30 a.m. Update on the Transition Resource Group Activities
11:30 a.m. – 12:00 p.m. Governance, Internal Controls, and Disclosures
12:00 p.m. – 1:00 p.m. Networking Lunch
1:00 p.m. – 3:00 p.m. Practical Modeling Examples
3:00 p.m. Conclude

Session Descriptions

Implementation Blueprint

Overview of a plan for adoption

Data and Models, Including Segmentation

Discuss importance of data; how the data impacts model selection; possibly model overview; and segmentation’s impact on the calculation

Update on the Transition Resource Group Activities

Cover the recent activity of TRG and anything else GAAP oriented

Governance, Internal Controls, and Disclosures

Practical Modeling Examples

Thoughts: Spend 30 minutes detailing each of DCF, PD/LGD, and Loss Rate/Vintage, and then 30 minutes on other model options in a general manner and other discussion.

Speakers

November 27 @ First Northern Bank • Dixon, CA

Derek Criswell, CPA
Partner
Moss Adams LLP

Derek has been in public accounting since 1999. He is the leader of the Northern California Financial Institutions practice, focused on serving financial institutions and other financial service companies. Derek is the lead audit partner on various financial institutions and SEC‐reporting company audits ranging from de novo institutions, to multi‐billion dollar institutions. Services he provides include financial statement and integrated audits, SEC filings, registration statements, credit reviews, internal control evaluations, due diligence, and board of director training.

Derek is also a lead instructor for the firm’s community bank training programs and is a frequent presenter at financial institution industry conferences, including the Western Independent Bankers Association and the California Bankers Association, as well as a regular contributor to Moss Adams Insights articles and industry publications. In 2011 Derek received the PeopleMetrics Brand Ambassador award, recognizing him for delivering premier service to his clients on a consistent basis. In addition to consistently providing premier client service, Derek is known for his effective communication and strong technical skills.

 

Gabe Nachand, CPA
Partner
Moss Adams LLP

Gabe Nachand joined Moss Adams LLP in 1995 and has been a partner in the Financial Services Practice since 2005. He’s a 2008 graduate of Pacific Coast Banking School and has been auditing and consulting with financial institutions virtually his entire career. In 2000, Gabe received the firm’s Technical Excellence Award in 2000 in recognition of his technical expertise.

Gabe’s client base consists exclusively of financial services companies, many with complex accounting and auditing issues. His areas of expertise include enterprise risk management implementation and evaluation; technical accounting matters such as acquisition accounting, stockbased compensation, mortgage operations (servicing, hedging, and related derivatives), and fair value considerations; customer profitability; due diligence engagements; credit review and allowance methodologies; and SEC financial reporting (periodic reporting and registration
statements).

Gabe also serves as the quality control coordinator for one of the firm’s largest practice offices, routinely dealing with professional standards and independence matters. In 2016, Gabe was appointed to a task force of the AICPA’s Depository Institutions Expert Panel, focused on addressing CECL modeling challenges for the banking industry.

 

Anthony Porter, CPA
Senior Manager
Moss Adams LLP

Anthony has practiced public accounting since 2007. He manages financial
and operational audits, with related cost savings and efficiency improvements recommendations, for financial institutions. Anthony has experience with SEC filings and registration statements, mutual-to-stock conversions, and mergers and acquisitions. He is proficient in all phases of audits, including HUD reporting, Sarbanes-Oxley and FDICIA control testing, fieldwork, and report preparation. He has worked with many financial institutions including community banks, thrifts, mutual banks, SEC public reporting banks, and mortgage banking companies.

 

Regan Camp
Managing Director, SME
MST Advisory Services

Regan Camp is the Managing Director of MST Advisory Services, leading a team of subject matter experts who assist financial institutions nationwide in accurately interpreting and applying federal accounting guidance. He is a nationally recognized speaker, writer, thought leader and trusted advisor on the Allowance for Loan and Lease Losses (ALLL) and Credit Risk.

Having worked closely with hundreds of financial institutions nationwide of varying sizes and complexities, Regan offers MST Advisory Services clients a unique combination of experience and perspective as he works closely with each institution to develop sound and defensible allowance methodologies, policies and procedures. His ability to simplify the complex has made for substantial and enduring practice improvements for the institutions he has worked with.

Regan began his career in financial services as a commercial loan officer at a $2.1 billion institution. He has served with Deloitte and Touche in their federal advisory practice, represented the FDIC in managing the day-to-day operations and eventual liquidations of failed financial institutions, and managed private consulting teams in assisting financial institutions with the administration of FDIC Loss Share Agreements, the establishment of special asset divisions and the resolution of troubled portfolios. Regan has spent the past five-plus years leveraging his specialized experience and expertise in contributing to the development and implementation of financial software products, while serving as a key relationship manager, subject matter expert and principal consultant.

Regan is a magna cum laude graduate of Brigham Young University’s Marriott School of Business, where he studied Business Management and Finance.

 

Chris Emery
Senior Advisor – Engineering, SME

MST Advisory Services

As Senior Advisor of Engineering and Director of Special Projects, Chris Emery oversees the technology group at MST. He is charged with developing, implementing and supporting software solutions that assist financial institutions with calculating the Allowance for Loan and Lease Losses (ALLL), which includes preparing for CECL. His ability to address client needs with appropriate, innovative solutions is rooted in his
thorough understanding of the compliance, technical and procedural requirements related to estimating the ALLL, as well as best-practice processes that can be employed by institutions to accomplish their quarterly allowance estimations.

Chris has helped hundreds of financial institutions, of varying asset sizes and employing all major core systems, implement allowance technology that supports their efforts to comply with regulatory and accounting standards, including in their current transition to estimating the allowance under CECL.

As a member of the MST Advisory Services consulting team, Chris oversees the engineering aspect of Advisory clients’ CECL transitions, which initially involves assessing client data and testing applicable methodology, then implementing the selected methodology or methodologies.

In addition to sharing his ALLL expertise with MST clients, Chris is frequently called upon to address industry meetings such as RMA Estimating the Allowance workshops and the National ALLL Conference.

Chris studied at the Georgia Institute of Technology.

November 29 @ Community Bank • Pasadena, CA

Jeff Clair, CPA
Partner
Moss Adams LLP

Jeff has practiced public accounting since 1988 and has served as the lead audit partner for numerous financial institutions and SEC reporting companies. He was previously a partner at a regional accounting firm specializing in providing services to financial institutions and he served in the internal audit department of an $18 billion dollar institution where he led the bank’s implementation of FDICIA.

Jeff is a member of the firm’s Financial Services Group, has served as a speaker for various topics to industry trade groups and for internal staff training. Services to financial institutions have included leading an initial public offering, SEC reporting, merger and acquisition assistance, credit and operational reviews, and internal control evaluations.

 

Gabe Nachand, CPA
Partner
Moss Adams LLP

Gabe Nachand joined Moss Adams LLP in 1995 and has been a partner in the Financial Services Practice since 2005. He’s a 2008 graduate of Pacific Coast Banking School and has been auditing and consulting with financial institutions virtually his entire career. In 2000, Gabe received the firm’s Technical Excellence Award in 2000 in recognition of his technical expertise.

Gabe’s client base consists exclusively of financial services companies, many with complex accounting and auditing issues. His areas of expertise include enterprise risk management implementation and evaluation; technical accounting matters such as acquisition accounting, stockbased compensation, mortgage operations (servicing, hedging, and related derivatives), and fair value considerations; customer profitability; due diligence engagements; credit review and allowance methodologies; and SEC financial reporting (periodic reporting and registration statements).

Gabe also serves as the quality control coordinator for one of the firm’s largest practice offices, routinely dealing with professional standards and independence matters. In 2016, Gabe was appointed to a task force of the AICPA’s Depository Institutions Expert Panel, focused on addressing CECL modeling challenges for the banking industry.

 

Anthony Porter, CPA
Senior Manager
Moss Adams LLP

Anthony has practiced public accounting since 2007. He manages financial
and operational audits, with related cost savings and efficiency improvements recommendations, for financial institutions. Anthony has experience with SEC filings and registration statements, mutual-to-stock conversions, and mergers and acquisitions. He is proficient in all phases of audits, including HUD reporting, Sarbanes-Oxley and FDICIA control testing, fieldwork, and report preparation. He has worked with many financial institutions including community banks, thrifts, mutual banks, SEC public reporting banks, and mortgage banking companies.

 

Regan Camp
Managing Director, SME
MST Advisory Services

Regan Camp is the Managing Director of MST Advisory Services, leading a team of subject matter experts who assist financial institutions nationwide in accurately interpreting and applying federal accounting guidance. He is a nationally recognized speaker, writer, thought leader and trusted advisor on the Allowance for Loan and Lease Losses (ALLL) and Credit Risk.

Having worked closely with hundreds of financial institutions nationwide of varying sizes and complexities, Regan offers MST Advisory Services clients a unique combination of experience and perspective as he works closely with each institution to develop sound and defensible allowance methodologies, policies and procedures. His ability to simplify the complex has made for substantial and enduring practice improvements for the institutions he has worked with.

Regan began his career in financial services as a commercial loan officer at a $2.1 billion institution. He has served with Deloitte and Touche in their federal advisory practice, represented the FDIC in managing the day-to-day operations and eventual liquidations of failed financial institutions, and managed private consulting teams in assisting financial institutions with the administration of FDIC Loss Share Agreements, the establishment of special asset divisions and the resolution of troubled portfolios. Regan has spent the past five-plus years leveraging his specialized experience and expertise in contributing to the development and implementation of financial software products, while serving as a key relationship manager, subject matter expert and principal consultant.

Regan is a magna cum laude graduate of Brigham Young University’s Marriott School of Business, where he studied Business Management and Finance.

 

Chris Emery
Senior Advisor – Engineering, SME

MST Advisory Services

As Senior Advisor of Engineering and Director of Special Projects, Chris Emery oversees the technology group at MST. He is charged with developing, implementing and supporting software solutions that assist financial institutions with calculating the Allowance for Loan and Lease Losses (ALLL), which includes preparing for CECL. His ability to address client needs with appropriate, innovative solutions is rooted in his
thorough understanding of the compliance, technical and procedural requirements related to estimating the ALLL, as well as best-practice processes that can be employed by institutions to accomplish their quarterly allowance estimations.

Chris has helped hundreds of financial institutions, of varying asset sizes and employing all major core systems, implement allowance technology that supports their efforts to comply with regulatory and accounting standards, including in their current transition to estimating the allowance under CECL.

As a member of the MST Advisory Services consulting team, Chris oversees the engineering aspect of Advisory clients’ CECL transitions, which initially involves assessing client data and testing applicable methodology, then implementing the selected methodology or methodologies.

In addition to sharing his ALLL expertise with MST clients, Chris is frequently called upon to address industry meetings such as RMA Estimating the Allowance workshops and the National ALLL Conference.

Chris studied at the Georgia Institute of Technology.

Registration

CBA Member Bank $100
CBA Non-Member Bank $200

 

Cancellation 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 November 3, 2017, and 50 percent if by November 10. No refunds will be provided after November 10. Registrations made on or after November 10 are not subject to refund.

Locations

November 27, 2017 @ First Northern Bank • Dixon, CA

First Northern Bank – Business Support Services
210 Stratford Avenue
Dixon, CA 95620
Telephone: (707) 678-7792

 

November 29, 2017 @ Community Bank • Pasadena, CA

Community Bank – Corporate Office
460 Sierra Madre Villa Ave
Pasadena, CA 91107
Telephone: (800) 788-9999

Credit Information

Recommended CPE Credits: 6.0 Hours Maximum
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.

Program Level: All levels

Prerequisite: None

Advance Preparation: None

Method of Presentation: Group – Live (Lecture, Discussion, and Table Exercises)

Commands