Agenda

Agenda

LLA User Lab Training

(Additional registration required)

8:00 AM - 1:00 PM

Early Conference Registration

1:00 - 3:00 PM

Early Registration Open

2:30 - 3:30 PM

MST Client User Group

2:00 - 5:30 PM

MST Client Reception

6:00 - 8:30 PM

Breakfast

7:00-8:00 AM

CECL 101

(Optional early morning session for those new to CECL. Grab breakfast and join us. 
with Regan Camp, MST)

7:00 - 7:45 AM

Registration Open

7:00 AM

APP Use Tutorial

(Optional session to get the most out of the conference app)

7:45 AM

Welcome and Introduce the Game Day Panel

Moderated by Dalton Sirmans
Regan Camp and Chris Emery, commentators

8:00 AM

What Was the FASB Thinking?

Learn the fundamental principles of the CECL model, including the alternatives permitted under the standard and the FASB’s considerations in creating those alternatives and the related disclosure requirements. Mr. Smith will offer his insider viewpoint as one who is intimately familiar with the accounting standard.
with Larry Smith, FTI Consulting and former FASB Board Member

8:15 AM

Ripped from the CECL Headlines: Updates from the Regulators and Auditors

Panel with Larry Smith, FTI Consulting and former FASB Board Member
Chad Kellar, Crowe Horwath
Graham Dyer, Grant Thornton and FASB TRG Member
Moderated by Regan Camp, MST

This session will update attendees on what regulators, the TRG, AICPA, etc . have to say about the Allowance and CECL. And it will include a section on what examiners and auditors expect from community banks in the quarters leading up to CECL adoption.

9:15 AM

BREAK

10:15 - 10:30 AM

Two Things in Accounting Life Are Certain: Taxes and CECL

with Will Neeriemer, DHG Financial Services
Heather Wallace, DHG Financial Services

CECL and tax reform are two of highest priority issues for bankers today. In this session, we will explore the impacts of CECL on accounting for income taxes. We will also cover the recent tax reform law and its potential impacts on accounting for income taxes, as well as potential impacts on credit trends.

10:30 AM

Transitioning Your Incurred Loss Methodology to CECL

with Hans Pettit, Horne
Mike Thronson, Moss Adams
Moderated by Garry Rank

Some have stated that CECL is far different from the allowance and incurred loss , others suggest to revise, Garry Rank will lead a panel that will discuss how to take all the experience from the reserve under current GAAP and move to CECL.

11:30 AM

LUNCH

12:30 PM

Breakout Sessions (pick 1 in each time slot)

Time Slots:
1:30–2:20 PM
2:30–3:20 PM
3:30–4:20 PM


Data Gap Analysis and Current State Assessment
with Garry Rank, MST

Cohort Methodology Deep Dive
with Chuck Nwokocha, MST

Vintage Methodology Deep Dive
with Paula King, MST

PD/LGD, Transition Matrix Methodology Deep Dive
with Chris Emery, MST

Discounted Cash Flow Methodology Deep Dive
with Shane Williams, MST

Pooling and Segmentation
with Vince Milano, Postlethwaite and Netterville Zach Englert, MST

1:30 - 4:30 PM

Adjourn for the day from Workshops

4:20 PM

Welcome Fiesta

5:30 - 6:30 PM

Shuttles to the Pearl and downtown San Antonio

Hop on one of the shuttles to explore San Antonio. Last shuttle from downtown is at 10 p.m.

6:30 - 10:30 PM

Breakfast

7:00-8:00 AM

CECL Scouting Report Recap Day 1 Introduce the Game Day Panel

8:00 AM

Economic Outlook Domestic and International

with Dr. Tom Cunningham, Sr Economist, Atlanta
Federal Reserve (retired), MST Advisor

8:15 AM

Impact of Economic Factors on Loan Types

with Dr. Tom Cunningham, Sr Economist, Atlanta Federal Reserve (retired), MST Advisor
Chris Emery, MST
Zach Langley, MST
Jack Mayo and Caleb Norton, Piedmont College Students, research project

9:15 AM

BREAK

10:15 - 10:30 AM

Impact Players: Q Factors Under CECL

(note this is a 2-hour session to accommodate all of these topics)

Panel with Mike Shearer, PWC
John Donohue, Moss Adams
Chuck Nwokocha, MST
Moderated by Chris Emery, MST

A look at what financial institutions are doing today in the way of Q Factors and what they will be under CECL. This session includes applying a reasonable and supportable forecast and examples of how institutions may apply an adjustment to a CECL methodology.

10:30 AM

LUNCH

12:30 PM

Breakout Sessions (pick 1 in each time slot)

Time Slots:
1:30–2:20 PM
2:30–3:20 PM
3:30–4:20 PM


Strategic Benefits of CECL Data Analytics
with Hans Pettit and Ashley McAdams, Horne

You Know What They Say About Assumptions
What assumptions do you make in your quarterly allowance estimation? Do you understand the variability of making those assumptions? Some assumptions you make come in the form of pooling segmentation, the model used, q-factors used, and loss estimates. In this workshop, we will cover different assumptions, show sensitivity analysis, and the importance of documentation to support your assumptions.
with Shane Williams, MST

Examining the Relationship Between CECL and DFAST
with Chuck Nwokocha, MST

Reporting and Disclosures Under CECL
with Dorsey Baskin, partner emeritus, Grant Thornton, Independent MST Advisor

CECL Considerations from a Model Risk Management Perspective
with Robin Sawyer, DHG Financial Services

Confessions of a Data Analyst
As most institutions have begun to plan their transition to CECL, a number of them are discovering first-hand the additional emphasis on data. Reporting under CECL is going to require banks to encompass not just more data fields, but encompass more historical data to account for the life of a loan. Because of this significant shift in data utilization some data pitfalls are becoming more and more prevalent.
with Zach Langley and Zach Englert, MST

1:30 - 4:30 PM

Adjourn for the day from Workshops

4:20 PM

Taste of Texas Dinner

Join us for a feast for the senses! Sights, sounds and tastes of the Lonestar state.

6:30 - 9:00 PM

Breakfast

7:00-8:00 AM

Play by Play Recap Day 2 Introduce the Game Day Panel

8:00 AM

The Impact of CECL on Bank Financial Management … A Financial Crisis Retrospective

We are long over due in exploring the potential impact of CECL on bank financial management. Beginning to think through how CECL will behave across the economic cycle should be a priority for us all. Larry Sorensen, CFO of Washington Trust Bank, will share a study conducted by his team at Washington Trust Bank. That study looked at the impact of reserving for life of loan expected credit losses on provision expense, the allowance position, earnings, capital and financial management during the Great Recession. Learn how they conducted the study, why they conducted the study, and the lessons learned.

with Larry Sorensen, Washington Trust Bank

8:15 AM

Don’t You Forget About Me: The Impact of ASU 2016 – 13 on Debt Securities

Under ASU 2016-13, credit loss measurement differs depending on the debt security’s classification: held-to-maturity (HTM) or available-for-sale (AFS) based on management’s investment intentions. HTM debt securities, will fall under the CECL model of the ASU. This may potentially require institutions to recognize at adoption and on an ongoing basis, credit losses on certain HTM debt securities which under current guidance would currently have no credit impairment.

The session will provide the information needed to account for losses for debt securities under the new CECL standard.

with Gordon Dobner, BKD
John Griffin, BKD
Dale Sheller, The Baker Group

9:15 AM

BREAK

10:15 - 10:30 AM

Lessons Learned from IFRS-9

with Mike Shearer, PWC

10:30 AM

Quarter 2 of CECL: Will You Be Prepared to Explain Your Credit Loss Provision?

This session will focus your attention on the information that may be needed after CECL has been adopted to explain subsequent credit loss provisions for the loan portfolio. In doing so, we hope you will be better prepared to make the needed disclosures and for that purpose have in mind the information that may need to be readily available from the ACL (Allowance for Credit Losses) system. It will also touch on the issue of measurement uncertainty as it applies to the ACL and how measurement uncertainty may affect the level of the ACL that lenders choose to carry.

with Dorsey Baskin, partner emeritus, Grant Thornton, Independent MST Advisor

11:30 AM

Adjourn Conference with the Game Day Panel

Moderated by Regan Camp, MST

12:20 - 12:35 PM

*Agenda and session locations are subject to change.

The agenda addressed virtually every concern I have with respect to my ALLL model.

Conference Survey