4 Reasons to Manage Bank Performance [INFOGRAPHIC]

During the recent 2021 session of the Graduate School of Banking at LSU there were no students to be found walking underneath the stately oaks. Instead, most students attended their sessions virtually, watching via Zoom and engaging in discussion through chat panes and webcams. And, although they may have missed the in-person interaction with their classmates and festivities like the annual crawfish boil, they were still able to participate in insightful discussions and educational classes like Managing Bank Performance. This junior course instructed by Professor Paul Allen focuses on measuring and managing bank performance, using ratio and peer analysis and is a vital component in helping students prepare for their third year Bank Simulation Management course. The in-depth course includes an overview of a typical bank balance sheet and income statement, the definition and use of commonly used ratios, and uses case studies to illustrate how to evaluate bank performance.

Why do we provide this level focus on managing bank performance? There are certainly many reasons this particular aspect of banking is so important, but allow us to list four of the most impactful. Effective performance management is vital to:

  1. Assist in strategic planning
  2. Increase shareholder loyalty
  3. Provide a dependable source of new capital
  4. Improve bank valuation

Robert P. Reynolds Named ABI President

Alexandria, Va. — The American Bankruptcy Institute (ABI) announces that Robert P. Reynolds of Reynolds, Reynolds & Little (Tuscaloosa, Ala.) has been selected by the ABI Board of Directors to be President for a one-year term, following the conclusion of ABI’s Annual Spring Meeting on April 22. An ABI member since 1994, Reynolds has served as ABI’s Vice President-Development, and is a frequent speaker at ABI events and a past co-chair of ABI’s Southeast Bankruptcy Workshop.

Reynolds is a senior partner at Reynolds, Reynolds & Little, LLC in Tuscaloosa, Ala., where he represents lenders in commercial litigation throughout Alabama and in bankruptcy proceedings in Alabama, the Northern District of Florida and other bankruptcy courts throughout the country. He is a former chair of the Alabama State Bar’s Bankruptcy and Commercial Law Section, and he is board certified in both Business and Consumer Bankruptcy Law by the American Board of Certification. Reynolds received his B.S. in 1975 from Auburn University and his J.D. in 1979 from the University of Alabama School of Law.

The complete list of directors and officers is available at https://www.abi.org/about-us/board-of-directors.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.

This article was originally published here: https://www.abi.org/newsroom/press-releases/robert-p-reynolds-named-abi-president

 

How to Acquire and Retain Top Banking Professionals

Effective leadership in any bank must constantly handle numerous initiatives, one of which includes acquisition and retention of top talent.  Making sure that the right employee with the right skill set is in the right position at the right time can be a tricky managerial task but a necessary one for future security and organizational structure stability.

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How Banks Can Retain Top Junior Bankers

It’s no secret that banks are constantly scoping out the landscape of promising talent in the banking world.  For many institutions, the bulk of investment in development of junior bankers comes in the way of time, training, and identifying future professional paths.  However, junior bankers are also one of the most highly recruited individuals in the banking world because loyalties might not yet be developed and compensation packages aren’t quite exorbitant yet, making them prime targets for outside banks to entice away.

So, what’s a bank to do when it comes to recruiting the right people and retaining existing up-and-comers? Banks looking to acquire and retain top talent need to create strategies, some of which are:

  • Ensure the right individuals are hired
  • Respect and trust employees
  • Allow employees the authority and responsibility to get their jobs done as autonomously as possible
  • Create a positive environment that fosters loyalty and positive morale
  • Give recognition for achievement and feedback on performance opportunities

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Eight Ways to Remote Selling Success

COVID-19 Update

Fierce Finishes the Degree

Get A Jump Start On Your MBA!

LSU Online and the Graduate School of Banking at LSU are excited to announce a partnership for graduates looking to earn their online MBA! Graduates from the Graduate School of Banking will have the opportunity to earn six (6) credits if they enroll in the Flores MBA Program at LSU in Baton Rouge. That equals $6,660 in savings!

Learn more about this program.

Ready to start the application process? Apply today and use code LSUONLINE2019 to waive the application fee.

At LSU Online our mission is simple: create high-quality learning experiences with world-class customer service. We prepare our graduates to be highly employable critical thinkers and problem solvers within their community.

Your personal enrollment concierge will support and guide you through the enrollment process, starting by identifying the program that best meets your needs, and helping you to get started with your application.

Why Enroll with LSU Online:

  • Prestige: LSU is the flagship institution of Louisiana and is one of only 30 universities nationwide holding land-grant, sea-grant and space-grant status.
  • Learn from the Best: Our award-winning faculty has been making a global impact, both inside and outside of the classroom, since 1860.
  • Dedicated Concierge Service: You will have a dedicated Learner Concierge from the application process all the way through to your graduation.
  • Affordability: 2 in 3 graduate with zero debt.

Have Questions? Contact the LSU Online Concierge team below.

833.280.5634
lsuonline@lsu.edu
online.lsu.edu

2019 WINNERS: GSBLSU BANK MANAGEMENT SIMULATION

Every year, the seniors of GSBLSU take part in the Bank Management Simulation course, a computer-based program that is specifically designed to provide students with a look into management and the decision-making process in specific banking areas, such as investments, funds management, risk management, loans, and asset/liability management.

During this simulation, the class is divided into teams. Each team is responsible for effective management and profitability of an 800-million-dollar bank. The computer model (BMSim) allows students to make future decisions for the bank and quickly receive feedback on the effectiveness of these decisions. Students must consider the economy, bank competition, and regulatory constraints when planning and implementing their decisions. During the two-week program, the teams will experience an equivalent of two years in bank management and operations, and the results are examined quarterly by state and federal regulators.

Once the course is completed, winners are selected based on factors such as organization, consistency, earnings, ability to report to shareholders, and how they positioned the bank for the future.

The following students were the 2019 Bank Simulation winners. Each received a letter of recognition, as did their home bank’s president and CEO, along with a certificate of recognition for their outstanding work on the Bank Management Simulation. Please join us in congratulating the 2019 Bank Sim winners!

SIM FIRST NAME LNAME Employer City St
D1 Stacy Aldridge First Kentucky Bank Mayfield KY
C3 John Blanton Peoples Bank Richland MS
D1 Eduardo Bustos Banco del Bajio Leon Guanajuato MX
B5 Paul Catalano Gulf Coast Bank & Trust New Orleans LA
C3 Alex Clayton The Conway National Bank Conway SC
C3 Detra Cleven Bank of Tennessee Johnson City TN
E1 Joseph Duncan Union Bank & Trust Charlotte NC
D1 David Fayard Hancock Whitney Bank Gulfport MS
E1 Nakecia Fuller FDIC Mableton GA
B5 William Harding Regions Bank Cullman AL
A2 Christian Harrod Centennial Bank Trust Departme Jonesboro AR
F2 William Hayden First Kentucky Bank Mayfield KY
E1 Rodolfo Herrera Banorte Mexico MX
B5 Chad Hill Volunteer State Bank Murfressboro TN
F2 Marianne Hopkins Sabine State Bank & Trust Co. Many LA
E1 Russell Huntley Citizens National Bank Meridian MS
A2 Jane Hurt Farmers National Bank Bowling Green KY
F2 Mark Maher RiverHills Bank Port Gibson MS
D1 Bradley McCarter Tennessee State Bank Pigeon Forge TN
F2 Alan Miller American National Bank & Trust Roanoke VA
E1 Brady Mouton Washington State Bank Lafayette LA
C3 Gabriel Pelusi Banorte Ciudad de Mexico MX
C3 Robert Revell AB&T National Bank Albany GA
F2 Rolando Saldivar Banco Base San Pedro Garza MX
B5 Jose Julian Sanchez Serrano Banorte Mexico MX
F2 Charles Schmidt Community Bank Coast Fairhope AL
A2 Michael Sisco MS Dept. of Banking & Consumer Jackson MS
B5 Jennifer Stalvey Southwest Georgia Bank Valdosta GA
A2 Taron Thorpe CB&S Bank Huntsville AL
D1 Aaron Whitely Hancock Whitney Bank New Orleans LA
A2 Brett Willis Synovus Bank Columbus GA