Calendar

  1. April 2019

    1. Tuesday, April 23, 2019
      1. Event image 8:15 AM – 4:00 PM at Harrisburg Area

        Cybersecurity Seminar >

        This interactive seminar will provide education on: evolving cybersecurity threats and what banks should do to prevent, detect and respond to these threats; the components of a comprehensive information security program that passes regulatory scrutiny and minimizes the risk of a security incident; the various Federal Financial Institutions Examination Council (FFIEC) resources that have been published recently, specifically the Cybersecurity Assessment guidance, and discuss ways banks are addressing it; and the 10 common cybersecurity controls missing in most financial institutions. More >
  2. June 2019

    1. Tuesday, June 4, 2019
      1. Event image 8:15 AM – 4:00 PM at Harrisburg Area

        Asset Liability Management Seminar >

        More information to follow. More >
  3. December 2019

    1. Tuesday, December 10, 2019
      1. Event image 8:15 AM – 3:45 PM at Harrisburg Area

        Analyzing Personal Financial Statements & Tax Returns >

        One of the more challenging aspects of lending is analyzing personal financial statements and tax returns. Assessing the borrower’s ability to convert assets to cash to pay short-term debt or honor a guaranty often requires significant adjustments to the borrower’s reported net worth. Adjusted gross income on Form 1040 bears no relationship at all to cash available to pay personal living expenses and debt service. To determine cash available, the lender must construct a personal cash flow using information contained in the personal financial statement and schedules of the tax return. Lenders recognize that the business and personal financial affairs of small business borrowers are closely intertwined necessitating the integration of business and personal cash flow to determine global cash flow. More >