The Mississippi Banker July Aug 2017

Banker THE MISSISSIPPI

JERRY HOST 129th CHAIRMAN Mississippi Bankers Association

JULY/AUGUST 2017 VOLUME 102 • NUMBER 1

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The official publication of the Mississippi Bankers Association McKinley W. Deaver • Editor

FOUNDED 1889

Volume 101 • Number 7 • JULY/AUGUST 2017

OFFICERS

Chairman Jerry Host, Jackson Vice Chairman Mary Childs, Ripley Treasurer Greg McKee, Philadelphia President McKinley W. Deaver, Jackson

BOARD OF DIRECTORS Terms Expiring 2018 Andy Anderson, Anguilla Hoppy Cole, Hattiesburg Arthur DuCote, Jackson Michael Dudley, DeKalb Moak Griffin, Columbus Frank West, Batesville Terms Expiring 2019 Steve Gresham, Holly Springs Eddie Hammond, Winona Dan Rollins, Tupelo Mark Tapp, Baldwyn Terms Expiring 2020 Shannon Aker, Brookhaven Shane Clayton, Pontotoc Alan Hargett, Indianola Gee Gee Patridge, Ridgeland Danny Whalen, Cleveland Ex-Officio Members Jerry Host, Chairman, Jackson Mary Childs, Vice Chairman, Ripley Greg McKee, Treasurer, Philadelphia Frank Sibley, Preceding Chairman, Marks George Marx, Retiring Chairman, Hazlehurst

Features MissBankPAC ............................................................................ 9 2017 fundraising efforts underway

Relationships, Trust, Integrity..............................................12-14 Jerry Hosts becomes 129th MBA Chairman

MBA leadership for 2017-18 ...............................................15-16 Bankers chosen for officer, board positions

Valued partners ...................................................................20-24 Endorsed products support MBA

ON THE COVER: Jerry Host, 129th MBA Chairman

Departments From the President ..............................................................................................................2 Around the State ............................................................................................................. 4-5 Good Neighbors.............................................................................................................. 6-7 MBA Conferences & Seminars ..........................................................................................11 Webinars ...........................................................................................................................24

STAFF President ............................... McKinley W. Deaver Senior V.P., Operations .........................Amy Davis Senior V.P., Gov. Relations ........... Gordon Fellows Programs Manager ...........................Lori Richardson Marketing Manager ....................... Brooke McCoy Manager of Insurance Services .........Sherell Taylor

Bankers on the Move .........................................................................................................25 Classified Ads .............................................................................................................. 26-27 American Bankers Association ...........................................................................................28

The Mississippi Banker (ISSN 0026-6159) is published bi-monthly for $25.00 per year or $5.00 per issue by the Mississippi Bankers Association, 640 North State Street, Jackson, MS 39202. Phone 601-948-6366. Periodicals Postage paid in Jackson, Mississippi.

YOUNG BANKERS SECTION President. ......................Wes Rouse, Hattiesburg Vice President. ......................Bob Glover, Ripley Treasurer ......................... Marc Petro, Ridgeland

POSTMASTER: Send address changes to The Mississippi Banker, P. O. Box 37, Jackson, MS 39205-0037.

The corporation is not responsible for opinions expressed and statements made by the contributors of articles published in The Mississippi Banker excepting official announcements.

Printed By Hederman Brothers, Ridgeland, MS JULY/AUGUST 2017

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From the President

THE MISSISSIPPI BANKER

MBA can't win without you!

By Mac Deaver, MBA President Any success achieved by the Mississippi Bankers Association can invariably be traced to involvement by Mississippi bankers. This has been Deaver proven to be true time and time again. However, while member participation is a constant factor in MBA success, there are many other key elements. As with any winning team, our association is a team of many who contribute in a variety of ways.

The MBA continues to be blessed with outstanding banker leadership, and the officers and directors chosen for 2017-18 uphold this tradition. We appreciate these Mississippi bank executives who volunteer their time to serve the vital role of charting our course, developing association strategy, deciding policy, and maintaining banker involvement.

New MBA chairman Jerry Host and other elected leaders are featured on pages 12-18 of this magazine.

At any time, there are hundreds of Mississippi bankers involved in MBA activities. These bankers participate in many ways, including serving on MBA committees, helping plan banker or consumer education activities, taking part in the process of setting legislative positions, making grassroots contacts with public officials, or letting the staff know about issues important to their banks. Each banker who takes the time to participate – and their bank that provides them the opportunity to do so – helps the MBA stay involved in matters that 2

are important to Mississippi banking.

The MBA staff works every day planning and conducting association programs and activities and evaluating these activities. Our constant goal is to “make the best better.” Members of the staff are just a telephone call or email away. We encourage bankers to call on any staff member for information or assistance or to share comments and suggestions.

MBA Affiliates are a big part of our association’s team. Affiliates represent over 100 professional firms and service providers who support the MBA and participate in many association activities. In addition to gaining recognition for the support they provide, MBA Affiliates also receive benefits that include exclusive sponsorships and participation opportunities.

This year, we are proud that eight MBA Affiliates are providing additional support to our banker education programs throughout 2017 as “Program Partners.” We appreciate these firms for being 2017 MBA Program Partners: • • • • • • • •

BKD, CPAs & Advisors Crews & Associates, Investment Bankers Deluxe Strategy Sourcing FI Strategies Silas Simmons, CPAs & Advisors Servis1st Bank Correspondent Bank Division Stockett & Thomas Agency Watkins & Eager

MBA endorsed programs make up a growing part of our association team. These programs – featured on

THE MISSISSIPPI BANKER

pages 20-23 of this magazine – deliver value to our membership and provide significant financial support to our association. All MBA endorsed programs are provided by Affiliate members. They offer products and services that have been vetted by our association and are recommended to MBA member banks for consideration. In each case, these endorsed programs are available to MBA members on a preferred basis – through special pricing, exclusive product features, or other benefits. Importantly, these programs generate important revenue for the MBA, which serves to limit any need for member dues increases.

Current MBA endorsed programs are: • • • • • • •

ABA-sponsored D&O and Bond Insurance Program CRA Partners/Senior Crimestoppers Program KeyState Bank Captive Program MBA-sponsored Group Insurance Programs Office Depot Purchase Program Thumbprint Signature Program Vizaline

Thanks to our elected MBA leadership, our Affiliate members, our Program Partners, our MBA-endorsed programs, and our association staff for the contributions to our winning team. And special thanks to all banks and bankers for staying involved.

Our team can’t win without you!

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Around the State

THE MISSISSIPPI BANKER

Renasant completes merger with Metropolitan Renasant Corporation has announced the completion of its merger with Metropolitan BancGroup, Inc., the parent company of Metropolitan Bank, effective July 1, 2017. The combined company has approximately $10 billion in total assets with more than 175 banking, mortgage, wealth management, investment and insurance offices throughout Mississippi, Tennessee, Alabama, Georgia and Florida.

"With the Metropolitan merger, we have added a partner with tremendous banking talent and a presence in dynamic markets," said E. Robinson McGraw, Renasant chairman and chief executive officer. "Metropolitan is a high quality commercial and private bank with a strong credit culture and an attractive client base which enhances our current presence

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and market share in the key markets of Nashville and Memphis, Tennessee, and Jackson, Mississippi." McGraw added: "This merger expands our market share, earnings growth and profitability, and we believe it will greatly benefit Metropolitan clients with expanded locations, services and products. We look forward to a bright future with Metropolitan now being part of the Renasant family."

As of March 31, 2017, Metropolitan had approximately $1.2 billion in assets, $932 million in loans and $945 million in deposits.

Full conversion and integration of Metropolitan's operations into Renasant's is expected to be complete on September 25, 2017. At this time and until the conversion is completed, Metropolitan clients

THE MISSISSIPPI BANKER

should continue to conduct their banking business as usual, including using existing branches, debit cards, checks and ATMs, and making loan payments. The company has set up an FAQ for Metropolitan clients to obtain useful information about the transition at www.renasantbank.com and www.metropolitan.bank.

Around the State

THE MISSISSIPPI BANKER

Carney joins advisory board at Citizens Bank, Columbia Lee H. Fedric, Chief Executive Officer announced the appointment of Jerron Carney to the Citizens Bank Advisory Board in Columbia.

Carney is a graduate of the University of Southern Mississippi with a degree in business administration with an emphasis in accounting and an ordained minister with the United Pentecostal

Carney

Church International.

He has served as Senior Pastor of Woodlawn Church since his election in 2013, and previously served Woodlawn as Student Pastor and Administrative Pastor.

Carney is a licensed real

estate agent and a member of the Hattiesburg Association of Realtors.

A lifelong resident of Columbia, Carney and his wife Holly have been married for fifteen years and have three children: Jane-Claire (11), Jack (9), and Everly June (3).

MBA earns graphic design award The Printing Industry Association of the South recently honored the Mississippi Bankers Association and Hederman Brothers Printing with a 2017 PIAS Award for graphic design.

The MBA and Hederman earned a "Best in Category" award from PIAS for graphic design of the 2016 "X Marx the Spot" MBA Convention invitation and materials. The convention invitation won in the 4-color category.

The design team for the "X Marx the Spot" materials was led by former MBA manager of communications Rachel Chew.

The 2016 convention theme incorporated the name of MBA chairman George Marx and a map illustrating the route to the convention location in Destin, Florida.

The award was presented at the PIAS convention in Destin, Florida. PAIS is a trade association which supports the printing industry in the South.

The association's membership includes over 400 printing companies in Mississippi, Louisiana, Arkansas, Tennessee, Alabama, Kentucky and West Virginia.

The MBA and Hederman Brothers have worked together in the design of themed MBA Convention materials for over 20 years. Among previous PIAS awards received was "Best in Category" recognition for the "Yazoo Blues" materials for the 2003 MBA Convention.

experience recognition

A National CPA & Advisory Firm Reaching new heights requires a major personal and professional investment that’s equal parts passion, respect, integrity, discipline and excellence. We call it PRIDE, and it’s at the heart of BKD’s success. That’s why we’re pleased to congratulate Megan McKinnie on her promotion to senior manager.

Megan McKinnie // mmckinnie@bkd.com 601.948.6700 // bkd.com

JULY/AUGUST 2017

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Good Neighbors

THE MISSISSIPPI BANKER

Trustmark's annual 'A Gift of Time' campaign Associates share time, talents with communities

During May and June each year, Trustmark's "A Gift of Time" campaign gives Trustmark associates the opportunity to share their time and talents during business hours by volunteering with a local nonprofit organization.

This year Trustmark associates in the Laurel market partnered with Habitat for Humanity, which works to eliminate substandard housing by assisting homeowners in improving or constructing a place they can call home. Working alongside homeowners, Laurel Trustmark associates assisted in landscaping the lawn for the first Habitat home in Jones County.

"We were delighted to spend time getting to know the homeowner," stated Trustmark Community Market President Greg Bennett. "It was truly a rewarding experience to help landscape her new home, as well as work with our team outside of the normal work setting while making a significant impact in the community."

Also as part of this year’s campaign, Trustmark and Fisher Brown Bottrell Insurance, Inc., associates at the Jackson corporate office partnered with the Rankin County Juvenile Detention Center.

Associates assisted with completing a children’s playhouse and landscaping at the center, which provides services and programs to help youth achieve behavioral change. “Volunteering at the Rankin County Juvenile Detention Center is very humbling," said Cindy Cole, account executive with Fisher Brown Bottrell.

"It is refreshing to have an organization such as this that is committed to having a positive impact in a child’s life. They are making a difference one child at a time.”

The "A Gift of Time" campaign involves Trustmark associates at 200 locations in five states. Over the last eight years, Trustmark associates in Mississippi, Alabama, Florida, Tennessee and Texas have collectively given more than 9,500 volunteer hours through this campaign.

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Trustmark's Laurel associates participating in Habitat for Humanity included (Back Row, L to R) Kelly Lawson, Denise Walker, Tina Freeman and Jason Johnson, and (Front Row, L to R) Greg Bennett, Dianne Pitts, Diane Herrington, Diana Pickering and Bobbie McCowan.

Trustmark and Fisher Brown Bottrell Insurance, Inc. associates at the Jackson corporate office partnered with the Rankin County Juvenile Detention Center.

Good Neighbors Please send Good Neighbors photos and stories to editor@msbankers.com.

THE MISSISSIPPI BANKER

Good Neighbors

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Monroe County financial institutions partner to offer Workshops to promote home ownership Six financial institutions in Monroe County have partnered with the Monroe County Chamber of Commerce to host a series of workshops promoting firsttime home ownership. Amory Federal Savings and Loan Association, BancorpSouth, Cadence Bank, Community Bank North Mississippi, First Federal Savings and Loan Association and Renasant Bank all participated in workshops held in July in the Wren and Prairie communities of Monroe County. The group hopes to conduct additional workshops in Aberdeen and Amory in the fall.

The purpose of the workshops is to educate prospective homebuyers about how to purchase a home and to allow them to meet bankers and mortgage specialists who can guide them through the process of qualifying for a home loan. One goal of the meetings is to develop relationships between residents and local lenders that can increase home ownership. The workshops are offered in conjunction with the Mississippi Development Authority and the Mississippi Ambassadors Program.

“What makes this effort unique is the 100 percent participation by financial institutions in the county,” said Carter

Naugher, president of Renasant Bank in Amory. “Instead of each bank hosting individual meetings, we agreed to pool our resources and efforts to reach more members of our community.”

The workshops promote the many benefits to the community of increased home ownership, including a more stable workforce, increased community involvement by residents, higher property values

and tax bases, improved market values resulting from better appearance, and overall improvement in community pride.

Naugher said that some residents have been surprised that six competing banks would work together in such an effort.

“But we share the belief that our joint effort can be more effective,” he said.

“This is an example of joining together for effective community development.”

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THE MISSISSIPPI BANKER

Government Relations

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MissBankPAC: Voice of Mississippi banking MissBankPAC, the “voice of Mississippi banking” in the political process for over four decades, has begun its 2017 fundraising campaign. Sponsored by the Mississippi Bankers Association, MissBankPAC is actively working to meet annual fundraising goals for both its state and federal funds. Funds raised this year will help MissBankPAC engage in important Congressional elections in 2018 and in Mississippi Legislative elections in 2019 that could have a significant impact on the banking industry.

The PAC directs its fundraising efforts to MBA member bank CEOs, who are encouraged to conduct in-bank fundraising campaigns or, if eligible, make corporate contributions. MissBankPAC does not directly solicit individual bank officers or employees for contributions. If requested, the PAC assists CEOs in internal fundraising by providing materials or by meeting with bank officers or boards. Importantly, MissBankPAC seeks banker input before deciding to participate in any election.

All decisions by MissBankPAC to participate in legislative races are governed by

the PAC committee, which is composed of Mississippi bankers. Chuck Nicholson of Community Bancshares chairs the MissBankPAC committee. In his recent letter to bank CEOs, Nicholson reminds them that “in challenging times, Mississippi bankers have always pulled together to make a difference in the political process” – and that “an effective way to do this is through MissBankPAC.” The PAC committee oversees fundraising and makes all decisions on campaign contributions after receiving feedback from local bankers in each legislative district.

The MissBankPAC committee has set its 2017 fundraising goals for its two funds, and progress is well underway toward meeting them. The state fund has a goal of raising $105,000; as of August 1, the state fund had raised $84,900 or 81% of the annual goal.

2017 MissBankPAC Contributions STATE 110

$105,000 GOAL GOAL

100 90

$84,900

The federal fund has a goal of raising $25,000 in 2017 and had collected $7,920 or 32% of this goal as of August 1.

MissBankPAC state fund supports candidates for state legislative and appellate judge positions. The PAC’s federal fund participates in races for seats in the U.S. House and Senate. Different rules govern fundraising by each fund. The state fund can accept corporate contributions, while the federal fund cannot.

While state law allows state-chartered banks to make corporate contributions, national banks generally are prohibited from doing so. Gordon Fellows, MissBankPAC Treasurer, works to assure compliance with all fundraising rules.

Fellows is available to provide additional information and assist bankers in learning how they and their banks can provide support to MissBankPAC. And he is always glad to hear bankers’ opinions on legislative and judicial candidates. Bankers are encouraged to contact Fellows telephone at 601-9486366 or gfellows@msbankers.com.

September 10−13 AnnuAl MBA WAshington Visit

80 70 60 50 40

FEDERAL

30

$25,000

20

GOAL

10

$7,920

ContACt gfellows@msbankers.com JULY/AUGUST 2017

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Thompson, Hyde-Smith highlight MBA Ag Conference U. S. Congressman Bennie Thompson and Mississippi Agriculture Commissioner Cindy Hyde-Smith headlined the program of the 2017 Mississippi Bankers Association Agriculture Conference held August 8 in Jackson. Van Ray, CEO of Bank of Yazoo City, chaired the annual conference, which was attended by approximately 40 Mississippi bankers.

Congressman Thompson, who represents Mississippi’s Second Congressman District, addressed the conference as a former member of the House Agriculture Committee and a long-time advocate on agricultural issues. He remarked on a wide range of subjects relating to federal farm policy and other matters. He stressed the importance of working together to encourage investment in the Mississippi Delta and other parts of the state, and he cited ongoing efforts to increase awareness in Congress of the important role that agriculture plays in the nation’s economy.

Congressman Thompson encouraged bankers to continue to support local investment in the communities they serve.

Commissioner Hyde-Smith’s remarks

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Congressman Bennie Thompson addressed bankers on a wide range of federal issues.

Cindy Hyde-Smith, Mississippi’s Commissioner of Agriculture, stressed the important role lenders play in the state’s agriculture economy.

focused on the importance of agriculture to the Mississippi economy, and the important role that lenders play in the agriculture economy. In her comments, she updated attendees on how a number of ag-related policy debates in Washington could impact Mississippi farmers, and she praised a number of President Trump’s recent appointments to federal offices that deal with agriculture.

Also on the conference program were

THE MISSISSIPPI BANKER

Ed Elfmann, American Bankers Association vice president of Congressional relations, who addressed agricultural lending issues from a banking perspective and discussed issues related to the farm bill, and Eric Snodgrass, Director of Undergraduate Studies for the Department of Atmospheric Sciences at the University of Illinois, who made an extensive presentation on “Managing Weather Risk in Agribusiness.”

MBA Professional Development

Conferences & Seminars Opportunities to interact face-to-face with expert instructors and peer bankers For more information about these events, visit msbankers.com or call 601-948-6366

AUGUST Â 23

MBA COMMUNICATIONS CONFERENCE

Embassy Suites, Ridgeland Who Should Attend: Communications/marketing executives and professionals, senior executives responsible for overseeing marketing and public relations functions.

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SOUTHERN STATES CDFI CONFERENCE

29-30

LOAN REVIEW CONFERENCE

Jackson Convention Center, Jackson Who Should Attend: CEOs, Other bankers interested in learning about CDFI benefits.

Embassy Suites, Ridgeland Who Should Attend: Commercial Lenders, Credit Officers, Branch Managers, Credit Analysts, Consumer Lenders, Loan Review Officers, and Compliance Officers.

SEPTEMBER 6 CALL REPORT SEMINAR

Embassy Suites, Ridgeland Who Should Attend: Operations officers, CEOs, CFOs, Internal Auditors, and anyone who is responsible for the preparation, verification or certification of the call reports.

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MBA COMPLIANCE CONFERENCE

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SAFE DEPOSIT SEMINAR

20-21

MYB LEADERSHIP CONFERENCE & GOLF TOURNAMENT

MBA office, 640 N. State St., Jackson Who Should Attend: Compliance officers, vault supervisors and attendants, branch managers, auditors, training directors, new account personnel and your inhouse legal counsel.

Hilton Hotel, Jackson Who Should Attend: CEOs, Compliance Officers, BSA/AML Officers, Compliance Personnel, Risk Officers, Operations Officers.

Lake Caroline Golf Course, Madison, and Hilton Hotel, Jackson The September 20 golf tournament raises funds to support MYB activities. The September 21 conference features presentations on career development topics.

JULY/AUGUST 2017

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Relationships, Trust, Integrity Jackson banker Jerry Host is 129th Chairman of Mississippi Bankers Association Jerry Host was born in Grand Rapids, Michigan, to Ellen E. Host and the late Robert William Host, as one of ten children. With this many siblings, Host quickly learned the power of negotiation, collaboration and hard work. He also learned the importance of relationships and trust.

At an early age, Jerry moved with his family to Mobile, Alabama. This is where Jerry would finish high school and spend many hot southern summers working at various jobs including the local dry dock and shipyard. While he appreciated the work, it didn’t take him long to figure out he wanted to pursue a career “indoors”.

Determined he would not burden himself with the post graduate weight of student loans, Host worked nights to help pay for his education at the University of South Alabama. He loves to tell you that “it may have taken me longer to do it, but I paid as I went and graduated totally debt free.”

This is where Jerry might interrupt the story to say that while he valued all that USA offered in the way of a great education, it was his night job paying for that education that really reaped the biggest benefit. While working nights at First National Bank of Mobile as a proof supervisor, he met his future wife, the former Olivia Brown.

Jerry and Olivia now have two grown children and one grandson. They enjoy relaxing at their lake house and spending time with their large extended family. They also enjoy traveling with friends and visiting many exciting locations both in the U.S. and abroad.

Education and Leadership Jerry graduated from the University of South Alabama with a Bachelor’s Degree in economics. He continued his education, graduating from the National School of Financial and Funds Management at the University of Illinois, the Graduate School of Financial and Funds Management at the University of Oklahoma and the Graduate School of banking at LSU. He also completed 12

the Greensboro, North Carolina based Center for Creative Leadership program.

Jerry has always focused his attention on working toward making his community a better place and improving the lives of others. His community involvement includes volunteerism as well as serving on various boards and foundations throughout his career.

He has long been involved with the Mississippi Bankers Association, where he previously served as Treasurer and Vice Chairman.

Prior to becoming an MBA officer he completed a three year term on the MBA’s Board of Directors, including one year on the Association’s Executive Committee.

Jerry is a Director on the Federal

THE MISSISSIPPI BANKER

Jerry with grandson Bo

"Try not to become a man of success; rather become a man of value."

Albert Einstein

HOME JERRY HOST Ridgeland

BANK

Trustmark National Bank

POSITION

President Chief Executive Officer

LENGTH OF SERVICE 33 years

Reserve Bank of Atlanta Board, where he also serves as Chairman of the Audit and Operational Risk Committee. Prior to his service in Atlanta, he was a Director for the New Orleans Branch of the Federal Reserve Bank. Active in other state and community enrichment endeavors, Host serves on the Executive Committee of Governor Bryant’s Mississippi Works initiative. He is past Chairman of the

Hospital and also serves as co-chair for the American Cancer Society’s Gertrude C. Ford Mississippi Hope Lodge capital campaign which, when completed, will provide a “home away from home” for cancer patients who must travel from all corners of our state to Jackson metro area hospitals to receive often lifesaving cancer treatments. He has been a longtime friend of the Juvenile Diabetes

“You can easily judge the character of a person by how they treat those who can do nothing for them.”

Board of Governors of the Mississippi Economic Council where he remains involved as past chair and as a current member of the Council’s Executive Committee. He also serves as a Director and member of the Executive Committee for the Greater Jackson Chamber Partnership Board. He is a past Chairman of the Pulse/EFT Association/Discover Financial Services Board. He has served as Chairman of the Board of Trustees of the Mississippi Museum of Art, and remains in a consulting role with the Museum as a member of their Committee of Past Chairs.

Jerry is actively involved with the current campaign for Friends of Children’s

Research Foundation and has served in leadership roles for JDRF Mississippi. He remains involved in numerous nonprofit organizations throughout his community.

Financial Services Career After moving with his family to Jackson in 1984, Jerry began his career at Trustmark, which was then First National Bank of Jackson.

Through his career at First National-Mobile and Trustmark, Jerry has over 40 years of experience in the financial services industry.

CONTINUED on page 14

FAMILY Wife

Olivia Brown Host

Son

Christopher (Rachel)

Daughter

Lauren (Matt) Stratton

Grandson

Robert Greer (Bo) Stratton JULY/AUGUST 2017

13

Prior to his appointment as president and chief executive officer of Trustmark in 2011, Jerry held many positions throughout the company. Some of those positions include chief operating officer, executive vice president and chief financial officer, chairman of Trustmark Financial Services, Inc., executive vice president of the company’s consumer banking division, and chief investment officer.

Looking Forward Jerry is honored to serve as the Mississippi Bankers Association’s 129th Chairman. Like those before him, he is proud that Mississippi has such a cohesive association for our member banks.

During his tenure as Chairman, Jerry’s focus will be on those things that he feels will continue the Association’s success and contribution to Mississippi banks.

Among those, he will strive to ensure the association continues to maintain its strong financial soundness in the midst of today’s fast-paced and ever-changing financial services industry. He will also work with the MBA Executive Committee to ensure adherence to and monitoring of the three-year strategic plan established for the association. He will work closely with the President and the Executive Committee to develop a leadership succession plan to ensure a seamless transition at the appropriate time.

And finally, Jerry will work to evaluate the programs and services currently provided to MBA member banks to make sure the association’s activities are and remain relevant to every bank in the state.

"The glue that holds all relationships together, including the relationship between the leader and the led is TRUST; and trust is based on integrity."

Brian Tracy

L to R: Jerry Host, Olivia Host, Lauren Stratton, Matt Stratton, Christopher Host, Rachel Lowe Host

L to R, below: Teresa Givan, Keith Givan, Jay Coleman, Betty Lynn Coleman, Jerry Host, Olivia Host, Perry Egger, Susan Egger

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THE MISSISSIPPI BANKER

Childs, McKee elected as

Anderson, Griffin Join MBA Executive Committee

MBA officers for 2017-18

Mary Childs, Vice Chairman Greg McKee, Treasurer Mary Childs, president and chief executive officer of The Peoples Bank, Ripley, has been elected Vice Chairman of the Mississippi Bankers Association.

As Vice Chairman, Childs Childs serves on the MBA Board of Directors and Executive Committee, and is President of the MBA Education Foundation. She served as Treasurer in 2016-17 and previously served a three-year term on the Board of Directors. She is the first woman to serve as an MBA officer. Her prior involvement in the association includes serving on the Legislative Committee and chairing the Women in Banking Conference.

Childs joined The Peoples Bank in 1990, and she previously served as an officer with Bank of Mississippi (now BancorpSouth). She earned her bachelor’s degree in banking and finance from Mississippi State University.

Active in her community, Childs serves on the Mississippi State University College of Business Executive Advisory Board, the Create Foundation Board, and the Board of the Boys and Girls Clubs of North Mississippi. She also is Vice Chairman of the Health Care Foundation of North Mississippi Board and Treasurer of the Tippah County Mississippi State University Alumni Association. She is a Tippah County 4-H volunteer, has served on the MSU Foundation Board, and is a past chairman of the Board of Trustees for Blue Mountain College.

msbankers.com

Greg McKee, president and chief executive officer of The Citizens Bank of Philadelphia, has been elected Treasurer of the Mississippi Bankers Association.

As Treasurer, McK- McKee ee serves on the MBA Board of Directors and Executive Committee. He previously served a three-year term on the Board of Directors, and he also served on the Board of Trustees of the Mississippi Bankers VEBA Plan and Trust, which manages the MBA group medical insurance plans. He currently represents Mississippi on the American Bankers Association’s Community Bankers Council.

McKee has spent his entire 35-year banking career with The Citizens Bank.

He joined the bank after graduating from Mississippi State University with a degree in banking and finance. While a senior at MSU, McKee was named the Orrin Swayze Scholar by Mississippi Young Bankers. He also is a graduate of Meridian Community College and the Graduate School of Banking at LSU. McKee’s community involvement includes serving on the Mississippi State University Department of Finance Advisory Board, the First National Bankers Bank board of directors, and the board of the Community Development Partnership. He is a past president of the Rotary Club and the Chamber of Commerce in Philadelphia.

@msbankers

MBA board members Andy Anderson and Moak Griffin have been elected by the board to serve on the association’s Executive Committee for 2017-18. Both are in the final year of their terms on the Board of directors.

They join current MBA officers Jerry Host, Mary Childs and Greg McKee, past chairman Frank Sibley, and president Mac Deaver on the seven-member Executive Committee. Their terms on the Executive Committee will expire at the 2018 convention.

Anderson, CEO of Bank of Anguilla, currently represents Mississippi on the American Bankers Association’s Government Relations Council, and he is Anderson a former chairman of the MBA Legislative Committee.

Griffin, CEO of BankFirst Financial Services, Columbus, has served the MBA as a member of the Legislative Committee, Griffin and he is a former member of the Executive Council of Mississippi Young Bankers.

Mississippi Bankers Association JULY/AUGUST 2017

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Five bankers elected to three-year terms on MBA board Shane Clayton, Group 1 Shane Clayton, executive vice president of First Choice Bank, Pontotoc, has been elected to represent Group 1.

Clayton has 27 years of banking experience, all with First Choice Clayton Bank. He serves as the bank’s chief credit officer and as a member of the board of directors. He has served the MBA as a member of the Lending Committee. Clayton earned a bachelor of business administration degree from the University of Mississippi and is also a graduate of the Southeastern School of Commercial Lending at Vanderbilt University.

Clayton serves as Trustee on the Pontotoc City School Board, board member of Three Rivers CDE for New Market Tax Credits, regent of the Barret School of Banking and board member of the Pontotoc City Schools Endowment for Excellence.

Alan Hargett, Group 3 Alan Hargett, executive vice president of Planters Bank & Trust Company, Indianola, has been elected to represent Group 3.

Hargett served on the MBA Agriculture Hargett Committee and is a past chairman of the MBA Lending Committee,.He is a former member of the Executive Council of Mississippi Young Bankers and currently serves on the American Bankers Association’s Agricultural Committee. Hargett's 28-year banking career has been with Planters Bank, where serves as the bank’s chief credit officer. He earned a bachelor of business administration degree in banking and finance from Mississippi State University. Hargett is a graduate of the Mississippi School of Banking, 16

the Graduate School of Banking at LSU, the Southeastern School of Commercial Lending and the Southeastern School of Advanced Commercial Lending.

Hargett is a past president and foundation chairman for the Indianola Rotary Club, secretary of the Indianola Youth Athletic Association, past treasurer of the Indianola Educational Foundation, and past treasurer of the Indianola Youth Baseball Association.

Danny Whalen, Group 3 Danny Whalen, president and chief executive officer of Cleveland State Bank, has been elected to represent Group 3.

Whalen has 32 years of banking experience, 22 of them with Cleve- Whalen land State Bank. He earned a bachelor of business administration degree in banking and finance from Mississippi State University. He also is a graduate of the MBA’s Mississippi School of Banking and the Graduate School of Banking at LSU. He served on the MBA Legislative Committee and the Executive Council of Mississippi Young Bankers.

Whalen serves on the board of trustees for Bolivar Medical Center, the board of directors for the Cleveland-Bolivar County Chamber of Commerce, and as treasurer of Cleveland-Bolivar United Way. He is a past president of Cleveland Rotary Club and past president of the board of trustees for Presbyterian Day School in Cleveland.

Shannon Aker, Group 7 Shannon Aker, president of the Bank of Brookhaven, has been elected to represent Group 7.

Aker ser ves as a member of the Board of Trustees of the Mis- Aker sissippi Bankers VEBA

THE MISSISSIPPI BANKER

Plan and Trust and the MBA Insurance Committee. He previously served as chairman of the MBA Communications Council and as a member of the Executive Council of Mississippi Young Bankers.

Aker has 31 years of experience in Mississippi banking, 17 with Bank of Brookhaven and 14 with State Bank & Trust Company. He is a graduate of the University of Mississippi and the MBA’s Mississippi School of Banking.

Aker is chairman of the BrookhavenLincoln County Industrial Development Foundation, vice chairman of the Brookhaven-Lincoln County FCA Board, board member of the Brookhaven-Lincoln County Chamber, and a member of the Brookhaven Tourism Council.

Gee Gee Patridge, At Large Gee Gee Patridge, senior executive vice president of BankPlus, Ridgeland, has been elected as an at-large member.

Patridge currently serves on the Board of Patridge Trustees of the MBA’s Mississippi School of Banking. She previously chaired the MBA Women in Banking Conference and served on the MBA Legislative Committee.

Patridge has spent her 34-year banking career with BankPlus, and now serves as the bank’s chief operations officer. She earned a bachelor of science degree in accounting from Mississippi State University. She is a graduate of the Mississippi School of Banking.

Patridge serves on the Mississippi State University College of Business Executive Advisory Council and the Lake Caroline Advisory Council. She previously served on Jackson State University’s Women’s Council for Philanthropy and as a board member at Pillow Academy.

Good Neighbors

MBA groups help promote broad involvement Over a century ago, the Mississippi MBA bylaws. All elected board BankPlus awards to terms. scholar athletes Bankers Association organized itself scholarships members serve three-year

THE MISSISSIPPI BANKER

eightconsecutive geographicyear “groups” Thetakes remainder of the board For into the 12th Bank- in an “BankPlus pride effort to include banks and bankers is composed of five ex-officio Plus has honored student athletes in the in rewarding excellence, regions of the state in the assomembers officers and Jacksonfrom Metroallarea.

The BankPlus Scholar and what better way(MBA to ciation.

These groups have been modthe two most recent past chairAthlete banquet was held in April at Table do this than to assist only slightly over thefrom years, some and ofmen) and three board members 100 inified Flowood, where students our brightest schoolsthe all around Jackson Metro were isyoung with schol-the state at-large. currentthegroup configuration ba- minds elected from arships in In order to fur-to guiding the elecrecognized forthe being notasonly great ath-1930s. sically same it was in the addition letes, but for also having stellar academics. ther their education.

Twelve of the 20 bankers who tion of the We MBA leadership, the recognize an outstandEachmake year, up students are selected for Directhe MBA Board of groups are also used in the election this award by their schools, and are then ing scholar-athlete from tors are elected from MBA groups. of leaders for the Mississippi Young invited to a banquet in their honor to all the high schools in At all times, each of the eight groups Bankers section, in appointing recognize their outstanding achievement. the tri-county area,” said an elected member of meal the board.

MBA committees, At the has banquet, they enjoy a fine Gene Delcomyn, Senior and in engaging Additionally, groupsandhaveExecutive a bankers in association activities.

Vice President and hear from leaders four at BankPlus $35,000 in scholarship funds have been second board member, with these At right is Banking a map ofOffi thecercurrent WAPT, as well as a guest speaker. This & Chief Commercial at awarded to student athletes. Also, the profour speaker positions among BankPlus. the MBA groups. year’s guest wasrotated All-American gram won “The Mississippi Association eight groups in accordance with basketball player and former Miami HurThroughout the course of the BankPlus of Broadcasters Television Community Blitz 16 Scholar Athlete Program, over Service Award,” presented by WAPT. ricane, Darius Rice.

JULY M/ AAYU/ G JU UN ST E 2017

17 9

MBA Officers and Board of Directors 2017-18 CHAIRMAN

VICE CHAIRMAN

Jerry Host Trustmark National Bank Jackson

Mary Childs The Peoples Bank Ripley

TREASURER

Greg McKee The Citizens Bank of Philadelphia Philadelphia

Preceding Chairman

Retiring Chairman

At Large

At Large

At Large

Frank Sibley Citizens Bank and Trust Co. Marks

George Marx Copiah Bank Hazlehurst

Arthur DuCote Regions Bank Jackson

Gee Gee Patridge BankPlus Ridgeland

Dan Rollins BancorpSouth Tupelo

Shane Clayton First Choice Bank Pontotoc

Group 3

Group 3

Group 4

Group 1

Group 2

Group 2

Steve Gresham Mark Tapp Farmers & Merchants Bank Bank of Holly Springs Holly Springs Booneville

Group 4

Eddie Hammond Bank of Winona Winona

Frank West First Security Bank Batesville

Group 5

Michael Dudley The Commercial Bank DeKalb

Alan Hargett Planters Bank & Trust Co. Indianola

Group 1

Moak Griffin Danny Whalen Cleveland State Bank BankFirst Financial Services Columbus Cleveland

Group 6

Group 7

Group 8

Andy Anderson Bank of Anguilla Anguilla

Bank of Brookhaven

Shannon Aker

Hoppy Cole The First Hattiesburg

Brookhaven

MBA Staff

Mac Deaver President

18

Amy Davis Sr. Vice President Operations

THE MISSISSIPPI BANKER

Gordon Fellows Sr. Vice President Govt. Relations

Lori Richardson Programs Manager

Brooke McCoy Marketing Manager

Sherell Taylor Manager of Insurance Services

Bankers inducted into MBA's 40-, 50-year clubs Mississippi bankers are recognized each year at the MBA Convention for their long service to the Mississippi banking industry.

Banks are also encouraged to submit photos of their 40-, 50-, and 60- Year Club recipients for publication in future issues of this magazine.

Wonna Alexander, Senior Production Clerk at Trustmark's corporate headquarters in Jackson, has been inducted into the 40-year Club.

Greg McKee, president and CEO of The Citizens Bank, presents a 50-year certificate to Jackie Hester.

Mike McClellan, Magnolia Sate Bank, Hattiesburg, was recently inducted into the MBA 40-year Club.

Greg McKee, president and CEO of The Citizens Bank, presents a 50-year certificate to Jean Fulton.

Greg McKee, president and CEO of The Citizens Bank, presents a 40-year certificate to Gayle Sharp.

A BAnker in eVery ClAssrooM October 30November 3 2017

CONTACT Amy Davis 601-948-6366 adavis@msbankers.com JULY/AUGUST 2017

19

Products and Services

THE MISSISSIPPI BANKER

MBA endorsed products, services deliver value ABA Bond, D&O Insurance Program

The MBA is an endorsed partner of the bond and D&O insurance program offered by ABA Insurance Services, a subsidiary of the American Bankers Association. This bank-owned program has been a stable source of coverage for banks for nearly 30 years, with 1 of 3 participating banks having been with the program for 10 years or more. The program’s reinsurer, American Bankers Mutual Insurance, Ltd., has declared distributions to participating banks for 27 consecutive years, totaling $82.7 million. In November 2016, the program distributed $1.5 million to participating banks nationwide. The MBA is one of 28 state bankers associations which currently endorse the ABA bond and D&O insurance program. For more information, call ABA Insurance Services, 800-274-5222 or visit www.aba.com.

CRA Partners/Senior Crimestoppers Program

Banks earn guaranteed CRA credit with no overhead or administrative burden while providing protection and an enhanced quality of life to more than 100,000 low- and moderate-income senior housing residents through the nationally acclaimed crime prevention program, Senior Crimestoppers.

This MBA-endorsed program offers flexible low-risk funding options, pro20

vides detailed low- to moderate-income documentation to ensure guaranteed CRA credit, and gives banks the opportunity to educate your community against financial fraud. Your bank is committed to giving back to your community, and this program is designed to make that objective as attainable and rewarding as possible.

Participating banks make an immeasurable impact in the lives of vulnerable seniors, and are highlighted as community leaders for bringing safety and security to senior living environments, HUD elderly communities and state veterans homes.

Funded exclusively by the banking industry, CRA Partners has approximately $330 million in loan, investment and grant equivalents from 225 bank partners.

For more information about this program, visit www.SHCPFoundation.org, email Sue.Shaffer@SHCPFoundation.org or call 877-232-0859.

KeyState Bank Captive Program

The MBA is proud to endorse KeyState’s Bank Captive Program. This turnkey program allows a bank to benefit by forming and operating its own captive insurance company. The captive augments a bank’s commercial insurance by covering the existing commercial deductible layers, increasing coverage levels on existing policies (excess layers), and identifying other currently unfunded risks to insure where commercial insurance is not available to the bank. KeyState and Crowe Horwath LLP, a national CPA firm, guide the bank through an initial evaluation process to determine if the program is a fit for the bank; then, the captive is managed on an ongoing basis

by KeyState Captive Management. If properly structured, the captive may allow

THE MISSISSIPPI BANKER

the bank to take advantage of a significant small business incentive available under the Internal Revenue Code. For more information, contact Travis Holdman, KeyState’s national sales director, 260227-0265 or tholdman@key-state.com.

Office Depot Purchase Program

This national group purchasing program has saved participants an average of 20-30 percent over their prior office product costs, and also provides important nondues revenue that directly supports key MBA strategic initiatives including advocacy, education and media relations. Learn more and register online at msbankers. com (or contact Tony Meyers at 601-5406725 or tony.meyers@officedepot.com.

MBA Group Insurance The MBA sponsors a self-insured insurance program that provides a stable source of health benefits for member banks. Coverage is provided by the Mississippi Bankers VEBA Plan & Trust, offering individual, two-party and family coverage through six different plans.

A Board of Trustees governs the trust, and the MBA staff provides administrative support. Currently, 50 MBA member banks with approximately 2,700 employees participate in the MBA health insurance program.

Stockett & Thomas Agency markets the MBA health program and endorsed fully-insured plans. For more information on these plans, contact Chad Stockett at Stockett & Thomas, 601-948-3733.

Products and Services

THE MISSISSIPPI BANKER

Thumbprint Signature Program

Despite current technology, check fraud costs Americans billions of dollars each year. The MBA is one of a number of state banking associations that have endorsed the Thumbprint Signature Program, which originated with the Texas Bankers Association. This program allows all banks to participate in a unified effort to combat crime by obtaining fingerprints of non-customers who cash checks and make other transactions. The program offers "inkless ink" pads, decals to display at entrances and drive-up windows, teller tent cards and statement stuffers. To place an order, contact the MBA office, 601-948-6366 or visit msbankers.com.

Vizaline

Vizaline’s Viza-Plat product offers protection to banks by helping verify legal descriptions through the use of geospatial imagery. Viza-Plat allows banks to see encroachments, easements and partial releases on real property without the necessity of a survey. It can be used in connection with property loans and in verifying real estate holdings. And when errors are discovered, Vizaline assists banks in determining a solution. Vizaline typically provides a geo-spatial image to the bank client within 48 hours of receiving a legal description, and the cost starts at only $90 per case. For more information, contact Brent Melton, CEO of Vizaline, at 601-405-1802 or brent@vizaline.com.

Bank, Affiliate members can access Office Depot discount program In 2016, the Mississippi Bankers Association (MBA) began a new strategic partnership with Office Depot. MBA has joined forces with over 30 other state bankers associations across the country to bring members tremendous buying power, exclusive discounts and real savings. In fact, current participants of this program have saved an average of 20-30 percent over their prior office product costs.

As an Office Depot customer, MBA members enjoy steep discounts on a core list of 350-plus frequently used office and banking products. In addition to this core list, MBA members may add up to an additional 75 items tailored to the needs of their organization. This is where members may add specific items such as toner or ink jet cartridges. For miscellaneous items outside the core and custom tailored list, members receive a 10 percent discount on Office Depot’s retail catalog pricing (some exclusions may apply).

MBA members also receive discounts on office furniture, print/copy services, custom business forms, stationery, promotional products, lunchroom and janitorial provisions and more.

And the benefits go beyond great pricing – customers also receive free delivery on all orders over $50.00. If placed by 4pm

local time, orders are delivered next day in most markets by Office Depot or UPS. Customers also have access to Office Depot’s exclusive Business Services Division website, strategic brand name partnerships, and ease in economizing operations.

As a member of the powerful national group purchasing program, MBA members enjoy a higher level of support with a dedicated account manager and Office Depot’s best, most experienced customer service reps from the National Account Help Desk. An Office Depot account manager provides your organization with on-going creative and innovative procurement solutions by identifying preferred product and process improvement opportunities.

In addition to all of these great benefits, don’t forget that your participation in this program drives an essential stream of support to the Mississippi Bankers Association. This provides the MBA with important non-dues revenue that directly supports key strategic initiatives including advocacy, education and media relations.

Learn more and register online at msbankers.com (or contact sales representative Tony Meyers at 601-5406725 or tony.meyers@officedepot.com.

Endorsed programs support MBA MBA endorsements represent partnerships with outstanding providers of valuable products and services that help our member banks be successful. Our endorsed partners were already supporting the MBA as Affiliate members.

Through endorsement arrangements, they provide further support in the form of non-dues revenue to the MBA, which helps fund important activities and limits the need for increases in membership dues.

The MBA staff works closely with our endorsed programs, primarily by introducing them to Mississippi bankers and sharing information on the services they offer. Brooke McCoy, MBA marketing manager, manages and promotes our endorsed vendor program. Please contact Brooke for information or assistance at 601-948-6366 or bmccoy@msbankers.com.

JULY/AUGUST 2017

21

Products and Services

THE MISSISSIPPI BANKER

Bank Captives can enhance risk management Banks today face many risks - such as cybersecurity, reputational risk and others – that may not be fully covered by commercial insurance. To cover such unfunded risks, many banks are forming “captives” – captive insurance companies that are legally licensed, limited purpose property and casualty companies that can write customized coverage for related entities. In the past five years, developments in the design structure of captives and regulatory vetting have made such captive insurance companies a meaningful option for more financial institutions.

KeyState Captive Management, which runs the nation’s largest bank captive program, is an endorsed partner of the Mississippi Bankers Association. KeyState can assist Mississippi banks in evaluating their current insurance program and determining whether they might benefit from the formation of a captive insurance company. For banks that choose to participate in the program, KeyState offers a turn-key program to support management of the captive and to assure compliance with all laws and regulations.

While the captive structure is not designed to replace a bank’s primary commercial insurance program, it does allow a bank to more formally self-insure risks that are currently unfunded or are subject to rising deductibles before any coverage is available. Typically, the captive augments commercial policies by (1) covering the bank’s commercial deductible layers; (2) providing coverage for matters subject to exclusions in commercial policies; (3) increasing coverage levels on existing policies (excess layers); and (4) identifying and covering other currently unfunded risks where commercial insurance is not available to the bank.

In addition to enhancing the risk management process, banks that form their own insurance companies may benefit from an incentive enacted by Congress that allows qualified companies to make an election under Section 831(b) of the Internal Revenue Code and pre-fund for potential future risks on a tax advantaged basis, receive an incentive to set money aside for future potential claims, and create a mechanism for companies to formal-

ize their current self-insurance program.

Formation of a captive is not a fit for every bank. This solution should only be implemented by banks with sufficient capital and earnings. Holding companies that want to form a captive must be well managed and well capitalized and their affiliated bank (that pays premiums into their captive) must have sufficient capital and earnings to support the additional insurance expense at the bank level.

Operation of captive insurance companies is a growing trend for high performing banks throughout the country. As banks become more aware of their unfunded risks through ongoing enterprise risk management, the captive offers a unique and customized approach to identify and fund for those risks on an annual basis.

And, the small business incentive provided under the tax code provides further motivation to implement the structure.

To learn if KeyState’s Bank Captive Program is a good fit for your institution, contact Travis Holdman, national sales director, 260- 227-0265 or email tholdman@key-state.com.

Vizaline helps resolve property description issues The Mississippi Bankers Association recently endorsed the services of Vizaline LLC, a Mississippi-based company that utilizes geo-spatial technology to assist banks in resolving or heading off issues with property descriptions.

Vizaline, a company "created by bankers for bankers," has developed visualization tools and products to help its bank customers better understand assets, shield portfolios, and protect the bank and its customers from unforeseen risks. The company's Viza-Plat product can assist in verifying property lines without the need of a more expensive survey. Viza-Plat does not necessarily replace a survey in all cases, but it can 22

be used when a survey is not requested.

Viza-Plat can allow lenders to see encroachments, easements and partial releases affecting land serving as security for a loan before making a funding decision. Viza-Plat can be used to verify legal descriptions at the time of loan renewal or in conjunction with surveys to assure the accuracy of the descriptions. It also allows trust departments to view real estate holdings.

Use of the product is quite simple.

A bank client downloads the legal description of the property to Viza-Plat, where it is read and platted, and the legal description is interpreted. The company then produces a geo-spatial image

THE MISSISSIPPI BANKER

that is shared with the bank within 48 hours. Importantly, if Vizaline discovers a problem with a property description, it advises the bank regarding a solution.

The MBA's agreement with Vizal i n e a l l ow s a s s o c i a t i o n m e m b e r banks to use the Viza-Plat service with prices starting at $90 per case.

Products and Services

THE MISSISSIPPI BANKER

CRA Partners, Senior Crimestoppers help banks Provide safe, secure living environments for seniors First Commercial Bank is latest Mississippi bank to participate

First Commercial Bank is the latest Mississippi bank to join CRA Partners to help vulnerable seniors by funding the Senior Crimestoppers program. On August 8, First Commercial Bank announced that it had joined CRA Partners to provide funding for the Senior Crimestoppers program to help provide a safer and more secure living environment for residents of LeFleur Haven in Jackson.

CRA Partners, powered by the Senior Housing Crime Prevention Foundation, is a national organization that guarantees banks federally mandated CRA credit through the operation of the turn-key Senior Crimestoppers program, which provides safe and secure living environments for our nation’s low to moderate income seniors. Through flexible funding options such as CRA-qualified community development loans, investments or grants, banks provide the program in senior housing facilities, HUD communities and state Veterans homes while garnering positive public relations exposure in their communities.

Senior Crimestoppers is a coordinated set of components that work together to create a zero tolerance to crime platform in senior housing facilities. Components include cash rewards up to $1,000 paid anonymously for information about wrongdoing of any kind, to provide personal lockboxes for the residents, and to deliver effective, ongoing education and training for staff members and residents. Senior Crimestoppers has a record of reducing all aspects of crime in participating facilities by 95%.

“Senior Crimestoppers is a way for an administrator to further enhance the lives of the residents they serve,” said Terry Rooker, president of Senior Crimestoppers. “They all work very hard to provide safe, secure, comfortable living environments and their desire to implement the program is just one more example of this.” He noted that implementation of the program does not indicate that a facility currently has a crime problem, but that “the administrator is proactively finding a way to keep problems from occurring in the future.”

Alan Walters, CEO of First Commercial

Bank, took part in an event at LeFleur Haven to announce the program. “Our bank focuses on giving back to the local community to keep it safe and help it grow, and we are proud to be a partner with CRA Partners to make our community a better place to live and work,” Walters said. “With our sponsorship of the Senior Crimestoppers Program at LeFleur Haven, we want our senior citizens, who are the foundation of this community, to have the best care possible in a safe environment.”

Senior Crimestoppers and CRA Partners are endorsed by the Mississippi Bankers Association along with the American Bankers Association, the Independent Community Bankers of America, and more than 30 other state bankers association. Participating banks make an immeasurable impact in the lives of vulnerable seniors as they demonstrate community leadership in providing safety and security to seniors. Funded exclusively by the banking industry, CRA Partners has approximately $330 million in loan, investment and grant equivalents from 225 bank partners.

For more information about these programs, visit the web at www.SHCPFoundation.org, or email Sue.Shaffer@SHCPFoundation.org or telephone 877-232-0859.

JULY/AUGUST 2017

23

8

MBA Professional Development

Webinars

Training opportunities at your convenience

Visit msbankers.com to view and register for these webinars and more MONDAY, AUGUST 21

WEDNESDAY, SEPTEMBER 13

WEDNESDAY, SEPTEMBER 6

THURSDAY, SEPTEMBER 14 What to Do When a Customer Dies 10:00 a.m. - 12:00 p.m.

CTR and SAR 1:30 - 3:30 p.m.

Understanding Real Estate Loan Documents 1:30 - 3:30 p.m.

Sixty Critical Steps for Handling Delinquent and Abandoned Safe Deposit Boxes 10:00 a.m. - 12:00 p.m.

TUESDAY, AUGUST 22

BSA/AML for Lenders 10:00 a.m. - 12:00 p.m.

Flood Insurance: Compliance Issues and Enforcement Topics that Continue to Plague Lenders 10:00 a.m. - 12:00 p.m.

WEDNESDAY, AUGUST 23

Opening Trust Accounts: Documenting Authority & Liability 10:00 a.m. - 12:00 p.m.

Call Report for Banks Recent Changes, Highlights, and Pitfalls 1:30 - 3:30 p.m.

THURSDAY, SEPTEMBER 7 Core Management Skills 10:00 a.m. - 12:00 p.m.

Commercial Loan Agreements and Covenants 1:30 - 3:30 p.m.

FRIDAY, SEPTEMBER 8

Make Your Bank Less Attractive to Criminals Using CPTED 1:30 - 3:30 p.m.

MONDAY, SEPTEMBER 18

BSA Series: The Five Pillars of BSA 1:30 - 3:30 p.m.

TUESDAY, SEPTEMBER 19 Information Security Basics: Board of Directors Edition 10:00 a.m. - 12:00 p.m.

THURSDAY, AUGUST 24

Lending To Local Government Units 10:00 a.m. - 12:00 p.m.

Compliance Perspectives: A Monthly Update 1:00 p.m.

Loan Documentation for “Secured” Commercial Lending Transactions 1:30 - 3:30 p.m.

WEDNESDAY, SEPTEMBER 20

FRIDAY, AUGUST 25

TUESDAY, SEPTEMBER 12

THURSDAY, SEPTEMBER 21

TUESDAY, AUGUST 29

Best-Ever Compliance Checklists for Commercial Loans 1:30 - 3:30 p.m.

FRIDAY, SEPTEMBER 22

New BSA Officer Training 10:00 a.m. - 12:00 p.m.

Dealing with Casual Days, Dress Codes and Work Appearance 10:00 a.m. - 12:00 p.m.

BSA Risk Assessments 10:00 a.m. - 12:00 p.m.

Cash Management: How Sales, Operations, and Technology Can Work Together to Generate More Fee Income 1:30 - 3:30 p.m.

24

WEDNESDAY, AUGUST 30

CRE Appraisals: Part 2 of 2: Appraisal Components, Approaches to Value and Cap Rates 1:30 - 3:30 p.m.

THE MISSISSIPPI BANKER

MONDAY, SEPTEMBER 11

Right of Setoff 10:00 a.m. - 12:00 p.m.

WEDNESDAY, SEPTEMBER 13 CRA Nuts & Bolts Five Steps to Pass the Exam 10:00 a.m. - 12:00 p.m.

Equipment Lease Financing 1:30 - 3:30 p.m.

Wire Transfer Basics 10:00 a.m. - 12:00 p.m.

Regulation B - Joint Intent 10:00 a.m. - 12:00 p.m.

Oil & Gas Lending 10:00 a.m. - 12:00 p.m.

MONDAY, SEPTEMBER 25

For Sales Managers: Build a No-Excuses Bank Sales Environment 10:00 a.m. - 12:00 p.m.

Bankers on the Move

THE MISSISSIPPI BANKER

BankPlus Jamie Waltman has been promoted to Branch Manager of the Strawberry Hill location in the bank’s Madison Banking Center.

Waltman joined BankPlus in 2010, and is a seven year banking veteran. Waltman

Cleveland State Bank Kendell Roberts has been promoted to Vice President in mortgage lending. She is a graduate of Mississippi State University with a Bachelors of Business Administration.

Roberts has been with the Roberts bank for her entire 28 year-banking career .

Community Bank

Kirby Keith has been promoted to Assistant Vice President. Keith has been with Community Bank for 4 years and previously served as loan officer. Keith is a graduate of Mississippi State Keith University and The Mississippi School of Banking.

Todd Bradley has joined Community Bank’s Hattiesburg office as Senior Vice President. Bradley received a Bachelor of Science in Electrical Engineering from Mississippi State Bradley University and a Master of Arts in Biblical Studies from Regent University. He is also a graduate of the The Mississippi School of Banking.

Peoples Bank Josh Hankins has joined the bank as Loan Officer in the Collins Office. He graduated from The University of Southern Mississippi with a Bachelor’s d e g r e e i n Fi n a n c e . Hankins

Planters Bank Ken Ibsen has been promoted to Vice President-Lending. He is a 2008 University of Mississippi graduate with a B.S. in business administration.

RiverHills Bank Joel Neely has been promoted to President, Madison. Neely has been with the bank for 5 years and has over 18 years of banking experience.

He is a graduate of The University of Mississippi, Neely the Mississippi School of Banking and the Graduate School of Banking at LSU.

Trustmark Bank

Ibsen

Shirley Stevens has been promoted to Planters Bank First Vice President.

A graduate of Memphis State, Stevens also graduated from the American Institution of Banking School an d Mo o d y’s Stevens School of Banking.

RiverHills Bank Mike Keen has been promoted to President, Vicksburg. Keen has been with the bank for fourteen years and is a graduate of the University of Mississippi and the Graduate School of Keen Banking at LSU. He has been on the bank’s board for 10 years and currently serves as Secretary.

Brooke Meeks has been promoted to Vice President at the corporate headquarters in Jackson.

Meeks has 13 years of banking experience. She earned a Master of Business Administration and Meeks a Bachelor of Science in Communication and Business Administration from Mississippi College.

Please submit Bankers on the Move information to editor@msbankers.com

Save the Date SEPTEMBER 6, 2017 CALL REPORT SEMINAR msbankers.com

JULY/AUGUST 2017

25

MBA Classified Ads

THE MISSISSIPPI BANKER

The Mississippi Banker

Classified Ads VISIT

msbankers.com EMAIL

adavis@msbankers.com AVAILABLE OPPORTUNITIES ACH OPERATIONS MANAGER:

Cadence Bank is seeking to hire an ACH Operations Manager in Starkville. Interested candidates must have a minimum of at least 5 years of relevant ACH processing and experience supporting back office payment systems and a minimum 5 years of people management and/or leadership experience. Preferred AAP or willing to obtain certification. Interested candidates may contact Nicole Lee by email at Nicole.lee@cadencebank.com or by calling 205-820-9585.

CEO POSITION: SE Mississippi Bank plication by clicking on Career Oppor-

($825 Million) seeking resumes for CEO position. Position may require advanced degree, 20 plus years of bank experience with advanced lending experience, and administration experience. Requires proven leadership. Serious inquiries only. Submit confidential resume with references to adavis@msbankers.com.

CHIEF LENDING OFFICER: A

commercial bank in South Mississippi is seeking a Chief Lending Officer (CLO) to join their team. Position may require an advanced degree and at least 10 years of direct experience in lending. Submit resumes to adavis@msbankers.com.

HEAD TELLER: The First, A National

Banking Association, is seeking a Head Teller. Candidates must possess a high school diploma or general education degree (GED) or one to two years related experience and/or training. Interested candidates may submit resumes to Pam Petterman at ppetterman@thefirstbank.com.

INTERNAL AUDIT TEAM LEAD:

BANK EXAMINER: The Department of Banking and Consumer Finance is seeking someone to fill the position of bank examiner. The work requires knowledge of lending and bank operations. Loan review or lending experience is preferred. Please send resumes to sam. hubbard@dbcf.ms.gov.

BancorpSouth is seeking an Internal Audit Team Lead. Interested candidates must have a Bachelor's degree in Business, Finance, Accounting, or related field and 3 to 4 years of experience in a financial institution. Prefer CPA, CIA or any other relevant certifications, a plus. Candidates may submit resume and application by clicking on Career Opportunities at this link: www.Bancorpsouth.com/MyBXSCareer.

BANK OPERATIONS POSITION:

INTERNAL STAFF AUDITOR: Ban-

Local state bank in Meridian area seeks applicant for full time position within the Bank Operations Department. Applicant should have working knowledge of Microsoft Office Word and Excel products. Experience within the banking industry and/or bookkeeping experience is preferred. Submit resumes to adavis@ msbankers.com.

26

corpSouth is seeking an Internal Staff Auditor. Interested candidates must have a Bachelor’s Degree in a Business related field (i.e. Accounting; Banking and Finance; Business) AND at least 2 years’ experience in bank auditing or auditing associated with an external accounting firm; Prefer at least 4 years’ experience.

Candidates may submit resume and ap-

THE MISSISSIPPI BANKER

tunities at this link: www.Bancorpsouth. com/MyBXSCareer.

IT STAFF AUDITOR: BancorpSouth is seeking an IT Staff Auditor. Interested candidates must have four year College Degree and prior experience (4-5 years) in IT auditing or technology related field.

Submit resume and application by clicking on Career Opportunities at this link: www.Bancorpsouth.com/MyBXSCareer.

LENDING ASSISTANT COMMERCIAL REAL ESTATE: BankPlus,

Ridgeland, Mississippi, is seeking an experienced Lending Assistant. This position requires two years prior lending assistant experience. To apply, please visit https://www.bankplus.net/About/ Careers/Career-Opportunities/

LOAN ADMINISTRATION STAFF MEMBER: A community bank in

central Mississippi is seeking a Loan Administration staff member. College degree preferred, or experience in banking processes, preferred experience in Loan Administration. Must have a high degree of confidentiality. Submit confidential resumes to adavis@msbankers.com.

LOAN OFFICER: Bank in Jackson

area seeks Loan Officer with the experience and ability to generate and service commercial and consumer loans. Submit resumes to adavis@msbankers.com.

LOAN OFFICER – SPILLWAY: This

position requires an Associate Degree and five years banking or finance and loan origination experience. Prefer commercial loan experience. Knowledge of principles and methods for showing, promoting and selling products or services. Interested candidates my apply by visiting, www.BankPlus.net.

MBA Classified Ads

THE MISSISSIPPI BANKER

MANAGER/SENIOR CREDIT ANALYST: Merchants & Marine Bank

has an immediate need for a Manager/ Senior Credit Analyst position at our Main Branch in Pascagoula. Minimum 5 years' experience in credit underwriting and analysis is required. Please submit resume to Sheryl Wolfe (Sheryl.Wolfe@ MandMBank.com) or Lauren Germany (Lauren.Germany@MandMBank.com).

MARKETING CONTENT POSITION:

This position will be responsible for creating, improving and maintaining marketing content, which include banking, insurance, mortgage and wealth management products and services. Interested candidates must have four-year degree in Communication, Marketing, English or similar field. Submit resume to adavis@ msbankers.com.

MORTGAGE LOAN ORIGINATOR:

The Citizens Bank of Philadelphia is seeking a Mortgage Loan Originator for a branch location in Hattiesburg. Prior experience in mortgage loan origination is required. Submit resumes to hr@tcbphila.com.

TRUST ASSOCIATE: Community bank in central Mississippi seeks a Trust Associate. College degree preferred or banking and/or experience in Trust Operation and Administration. Must have a high degree of confidentiality. Candidate needs to have a thorough understanding of General Accepted Accounting Principles. Confidential resumes to adavis@msbankers.com.

SEEKING OPPORTUNITY GRADUATE SEEKING BANKING OPPORTUNITY – Recent graduate

seeking to obtain a position in banking in the North Mississippi/Oxford area.

Graduated in May from Mississippi College with a Bachelor of Science degree in finance. This individual has a cumulative GPA of 3.9/4.0, is a Presidential Scholar with Distinction and has previous work experience in the financial industry as a Financial Representative. During time at Mississippi College, this individual competed on a private firm valuation team, served as Student Government Association Treasurer, member of the Campus Activities Board, served as President of the Civitan Men’s Service Club and served as a Welcome Week Leader as a part of the Association of Student Leaders. Contact Amy Davis, MBA Vice President of Operations, adavis@msbankers.com for this individual’s resume.

Help us spread the good news about banking Traditional banking, like that practiced by our member banks, is all about supporting our communities and our state – and making a difference in the lives of our customers.

Help us tell this important story.

Let us know about your bank’s involvement in civic and community activities. Send us information on what you are doing.

Please send articles and photos to editor@msbankers.com or mail to MBA at P.O. Box 37, Jackson, MS 39205-0037.

Save the Date SEPTEMBER 7-8, 2017 MBA COMPLIANCE CONFERENCE msbankers.com

April 8-14, 2018 University of Mississippi Oxford Contact Amy Davis adavis@msbankers.com

Applications available September 17, 2017

JULY/AUGUST 2017

27

American Bankers Association THE MISSISSIPPI BANKER

Treasury's Roadmap to Reg Relief

By Rob Nichols, American Bankers Association President and CEO

There’s a saying in Washington that “personnel is policy.”

The truth of that statement is illustrated well by the Treasury Department’s recent report on ways financial Nichols regulation can be reformed to promote economic growth.

The long-awaited report, issued in response to the president’s executive order and informed by outreach meetings with community bankers and 10 different ABA white papers, includes more than 100 recommendations for improving banking rules.

While many of the recommendations align with those that ABA and the state associations have long endorsed, perhaps what is most exciting is the fact that 70 to 80 percent of them, by Treasury Secretary Steven Mnuchin’s estimate, can be put into motion by regulators through their independent rulemaking authority.

That assumes the regulators agree with the recommendations, of course -- and that’s where the “personnel is policy” part comes in.

President Trump is in the process of appointing new leaders at the bank regulatory agencies. While these agencies are and will remain independent, the president will do what all presidents do and nominate qualified, experienced individuals who share his philosophy about regulatory oversight. What’s more, the president has shown no hesitancy in nominating individuals who have actual experience in the field they would be overseeing – like former bank CEO Joe Otting to be the next Comptroller of the Currency. This is a welcome change, in my view. It is simply good public policy to have those with real-world banking expertise at the table when critical regulatory policy is being decided.

Otting, along with Jim Clinger, the president’s nominee to replace FDIC Chairman Marty Gruenberg, and other new leaders to be installed over the 28

next several months, can be expected to embrace and, over time, implement many of the recommendations in Treasury’s report. That makes it a living roadmap with lasting impact – not a pro forma government report that is issued and forgotten.

Among the roadmap’s many recommendations that have the potential to deliver much-needed relief to banks are suggestions to: Exempt community banks from Basel III; address problematic treatment of mortgage servicing assets and commercial real estate loans; ease appraisal requirements in rural areas; increase the threshold for small creditor Qualified Mortgage loans; revisit the volume and nature of supervisory Matters Requiring Attention; more clearly define the Consumer Financial Protection Bureau’s UDAAP standard; streamline the FDIC de novo application process; and revisit the 2013 interagency leveraged lending guidance.

The report also highlights numerous mortgage rules that the CFPB could address on its own, including aligning the QM standard with GSE eligibility requirements, eliminating underwriting requirements that deny mortgages to qualified borrowers, modifying the ability-to-repay calculation to help banks meet the needs of self-employed and non-traditional borrowers, clarifying ongoing problems with the TILARESPA integrated disclosures, improving flexibility in the loan originator compensation rule and delaying the Home Mortgage Disclosure Act data expansion.

Other action items, including those requiring legislation, would exempt community banks with less than $10 billion from the Volcker Rule, streamline the stress test process and raise the stress test asset threshold from $10 billion to $50 billion. (For a complete summary of the report, visit aba.com/ ExecutiveOrders.)

While some are heavier lifts than others, these are all sensible, doable reforms, and that is key. Despite spanning

THE MISSISSIPPI BANKER

150 pages, Treasury’s report does not overreach. The recommendations are grounded in common sense, adding to their credibility and enact-ability. That give us hope that community banks, which helped shape this roadmap for relief, will see tangible results in the coming months and years. © 2017 American Bankers Association.

All rights reserved. Reprinted with permission.

in Advertise The pi Mississip Banker VIEW OUR MEDIA GUIDE

msbankers.com CONTACT editor@msbankers.com

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