Discussion Board

DFW Area Work Session

2012-03-26T17:00:51-06:00

Hey all. There are a few of us in the DFW area that are going to try and get together this Saturday morning to work on the case study some. Is anyone interested in coming? I think there are three or four of us so far.

Webinar Invitations

2012-03-09T11:03:12-06:00

Greetings!

Webinar invites have been sent by e-mail to everyone that has signed up. Please let me know if you did not receive yours.

I hope everyone is doing well and looking forward to a great weekend. It looks like rain in Dallas, which we can always use, but I’m ready for sunshine. Maybe the weather gods are saving that for October!!!

Cheers!

Jay

It’s time for UBPR Webinars!

2012-03-02T14:50:16-06:00

By now, you should have received an e-mail containing the following message:

There have been several questions regarding the bank performance case study that is due April 16. I suspect some of you would like a “refresher course,” so we’re going to have a series of voluntary webinars to assist you. Please know that the webinar is not a requirement and you can successfully complete the case study without attending but these are offered if you feel you need the help.

I am setting up three, one-hour “webinars” to discuss the Uniform Bank Performance Report and how you should approach the case study. If you would like to participate in one of these voluntary sessions, you may choose the one that best meets your schedule. The sessions will be identical except for your questions.

Please let me know by reply e-mail which session time you’d like to attend in order of your choice (1 being the most desired time and 3 being the least). Slots will be assigned on a first-come, first-served basis and we will cap attendees at 15 per session to keep it manageable. Once I hear from you, I will confirm by sending you an e-mail that will include a link and a conference telephone number. Note: there will not be a “makeup” session offered so I hope you will be able to make one of these time work.

Session times are as follows:
Session I – Tuesday, March 13 at 10:30 a.m. CST
Session II - Friday, March 16 at 11:00 a.m. CST
Session III - Monday, March 19 at 4 p.m. CST

FDIC: ALLL-Estimation Practices for Loans and Lines Secured by Junior Liens

2012-02-09T14:00:40-06:00

FIL-4-2012
January 31, 2012

Summary: The federal financial institution regulatory agencies have jointly issued supervisory guidance on loan loss allowance estimation practices for loans and lines of credit secured by junior liens on 1-4 family residential properties (junior liens). The guidance discusses the responsibilities of institution management and examiners and builds on existing supervisory guidance for home equity lending and the allowance for loan and lease losses (ALLL).

Statement of Applicability to Institutions Under $1 Billion in Total Assets: This Financial Institution Letter applies to all FDIC-supervised banks and savings associations, particularly those with significant holdings of junior liens.

Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial/2012/fil12004.html

Office of the Comptroller of the Currency Moves Toward Paperless Delivery of News and Information

2012-02-09T13:57:27-06:00

WASHINGTON—The Office of the Comptroller of the Currency today announced plans to end paper distribution of news and issuances by June 1, 2012.

“Moving toward paperless delivery of our news, alerts, bulletins, and other publications helps ensure this important information reaches the banks and savings associations we regulate in a more timely, efficient, and cost effective manner,” said acting Comptroller of the Currency John Walsh. “Going paperless is a good business decision that makes sense for our environment.”
The OCC notified national banks, federal savings associations, and employees of its decision to eliminate hardcopy distribution of most materials in a bulletin posted to its Web site today.
To make sure members of the financial services industry and examiners can continue to get the guidance and regulatory material they depend on to do their jobs, the OCC offers a number of electronic means for disseminating this information.
• OCC.gov—The OCC’s official Web site, occ.gov, provides all news releases, alerts, testimony and speeches, and OCC publications that are publicly available.
• E-mail—The OCC delivers news, alerts, bulletins, consumer advisories, and community affairs material and banker education material via e-mail by subscribing at http://www.occ.gov/tools-forms/subscribe/occ-email-list-service.html.
• News feeds—The OCC publishes news releases, bulletins, alerts, and consumer podcasts via RSS feeds at http://www.occ.gov/rss/index-rss.html.
• Social Media—The OCC publishes material on its Facebook page and Twitter feeds.
Discontinuing the printing and distribution of news, issuances, and publications is part of the OCC’s broader commitment to being “green.” OCC has emphasized sustainability and environmental stewardship in renewing leases on facilities throughout the country and is relocating headquarters staff in November 2012 to a new LEED Gold certified building in Washington, D.C. The new headquarters building uses 35 percent less energy than a typical building of its size and reduces water use. Throughout the agency, employees also take a personal stake in caring for the environment in going about their everyday duties by recycling, using energy efficient lighting and office equipment, limiting the use of paper, and using recycled materials when paper and plastic products are necessary.
Related Links
• OCC Bulletin 2012-7, “Electronic Dissemination of OCC Publications”
• OCC Publications
• OCC News and Issuances
• OCC E-Mail Services

FDIC Teleconference: FDIC Seminar on Revocable Trust Accounts for Bankers

2012-02-09T13:55:25-06:00

Deposit Insurance Coverage
Free Nationwide Telephone Seminars for Bank Officers and Employees FIL-5-2012
February 2, 2012

Summary: The FDIC will conduct 15 free telephone seminars on deposit insurance coverage for bank officers and employees between February 15, 2012 and December 6, 2012. Twelve sessions entitled “FDIC Comprehensive Seminar on Deposit Insurance Coverage for Bankers” (Comprehensive Seminar) will provide an overview of the rules for determining deposit insurance coverage for all account ownership categories. Three separate sessions entitled “FDIC Seminar on Revocable Trust Accounts for Bankers” (Revocable Trust Seminar) will focus solely on the rules and coverage for formal revocable trust accountholders whose trust deposits at one bank exceed $1,250,000.
Statement of Applicability to Institutions with Total Assets Less Than $1 Billion: This Financial Institution Letter applies to all FDIC-insured institutions, including those institutions with total assets under $1 billion.

Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial/2012/fil12005.html

You should have received it!

2012-01-04T15:25:54-06:00

The first case study was e-mailed to you on January 4.

If you don’t receive it, please send me an e-mail at jay at cerfis dot com. Otherwise, have fun with it!

OCC 2011-48 - Concentrations of Credit: Revised Booklet

2011-12-14T15:48:27-06:00

The Office of the Comptroller of the Currency (OCC) recently revised the electronic version of the “Concentrations of Credit” booklet of the Comptroller’s Handbook, which replaces a similarly titled booklet issued in March 1990. Concurrently, OCC Bulletin 95-7 (February 9, 1995), “Concentrations of Credit,” is rescinded. That bulletin directs that all reports of examination (ROE) include a page detailing all concentrations of credit. Guidance contained in this booklet directs examiners to include a page in each ROE that lists concentrations posing a challenge to management or presenting unusual or significant risk to banks or federal savings associations (collectively, banks).
http://occ.gov/publications/publications-by-type/comptrollers-handbook/Concentration-HB-Final.pdf

This booklet provides updated guidance and examination procedures used in the supervision of banks. The major revisions to this booklet include the following:
• Expanded framework for identifying potential credit concentrations.
• Enhanced definition of a credit concentration to encourage consideration of more than just the dollar amount of exposure.
• Renewed emphasis on stress testing as a tool to identify and quantify credit concentration risks.

In accordance with the OCC’s supervision-by-risk approach, examiners will exercise judgment when determining which of the procedures in this booklet are appropriate for a particular bank based on the risk profile and the quality of its risk management system. Examiners will supplement the procedures in this booklet, as needed, with expanded procedures found in other examination guidance or booklets of the Comptroller’s Handbook.

Any questions regarding this booklet should be directed to the Commercial Credit Policy Division at (202) 874-4564.

Comptroller of the Currency Announces Fees for Year 2012

2011-12-05T13:29:07-06:00

Date: December 1, 2011

Description: Year 2012 Fee Structure

SUMMARY
The purpose of this issuance is to inform all national banks, federal savings associations, and federal branches and agencies of fees charged by the Office of the Comptroller of the Currency (OCC) for year 2012. This bulletin is effective January 1, 2012.

OCC 2011-46

FDIC Consumer Newsletter Offers Strategies for Building a Better Financial Future

2011-11-30T15:45:04-06:00

Consumers have important decisions to make when it comes to managing money and saving for their future, particularly in a tough economy when every dollar counts. To help consumers make choices based on practical information from reliable sources, the Fall 2011 issue of FDIC Consumer News offers simple strategies in three areas: saving for retirement, improving credit scores, and buying vs. renting a home. In addition, the issue offers new tips and information related to Internet banking.

The latest issue can be read or printed online at www.fdic.gov/consumers/consumer/news/cnfall11.

The FDIC encourages financial institutions, government agencies, consumer organizations, educators, the media and anyone else to help make the tips and information in FDIC Consumer News widely available. The publication may be reprinted in whole or in part without advance permission. Organizations also may link to or mention the FDIC Web site. See the Web site above for more details.

The goal of FDIC Consumer News is to deliver timely, reliable and innovative tips and information about financial matters, free of charge. Current and past issues are online at www.fdic.gov/consumernews.