Join us for a presentation on

Regulatory Hot Topics

Allowance for Loan and Lease Losses (ALLL) and Commercial Real Estate Portfolio Stress Testing

Wednesday, December 10, 2008
2:00 PM - 4:00 PM
Federal Reserve Bank of Richmond
502 S Sharp Street
Baltimore, MD

Is your ALLL keeping pace in the current environment? Join the RMA Chesapeake Chapter to learn about…

  • compliance with accounting guidance and weaknesses noted in recent examinations. understanding individual evaluations under FAS 114
  • the impact of trouble debt restructures
  • adjusting net historical loss rates under FAS 5
  • using ratio analysis as a supplemental tool.

The program will also cover methods your institution can employ to develop a stress testing program for the commercial real estate portfolio. You will see that the sophisticated portfolio models are not necessary for a majority of community banks.

You’ll hear from:

Brian P. Valenti - Senior Supervisory Financial Analyst in the Credit Risk Section in the Division of Banking Supervision and Regulation at the Federal Reserve Board

Mr. Valenti is responsible for monitoring credit conditions affecting banking organizations, developing supervisory guidance to address emerging risk issues and implementing System policies for supervising credit risk.

Prior to joining the Federal Reserve Board, Mr. Valenti was associated with Bank of America where he was responsible for the management and restructuring of syndicated corporate credit exposure. Prior to this, Mr. Valenti was a Vice President in Fleet Securities Leveraged Finance Group where he was responsible for the structuring and placement of corporate debt in the syndicated loan market. Mr. Valenti has also held various positions in both the commercial and residential lending areas.

Mr. Valenti earned an M.B.A degree from Bentley College’s McCallum Graduate School of Business and a Bachelor of Arts degree from Wittenberg University.

Sharon K. Ramsay - Accounting Policy & Disclosure, Banking Supervision and Regulation, Board of Governors of the Federal Reserve System

Ms. Ramsay is a Senior Supervisory Financial Analyst for the Board of Governors of the Federal Reserve. In that role, she monitors standard-setting activities, domestic and international accounting proposals, and other developments to determine the potential impact on the banking industry. She is involved in the development of Board staff positions on accounting and auditing issues, and interprets accounting and auditing standards for the Federal Reserve Board of Governors and district Federal Reserve Banks.

Ms. Ramsay joined the Board from the Federal Reserve Bank of Richmond where she was a commissioned examiner for the Regional Organizations with Complexity or Specialization section. Prior to joining the Federal Reserve System, Ms. Ramsay was vice president of an economic consulting firm. Her previous banking experience is in the areas of market and credit risk management, including asset/liability management, credit analysis, and loan review. Ms. Ramsay also served as associate director for an SBA small business development center.

Ms. Ramsay is a Certified Public Accountant and a Certified Management Accountant. She holds a BS in Finance and an MBA with accounting specialty from Drake University.

Schedule
1:30 PM - Registration Opens
2:00 PM - 4:00 PM - Program

Registration Fees
$45/CCRMA Premier Member
$55/RMA Associate Member
$65/Non-Member
(No refunds after December 5)

N.B. Parking is not available at the branch but spaces are available at the Sheraton Hotel parking garage one block away.

On line registration is closed. Please register on site.

N.B. Valid for 2 CRC hours