BEGIN:VCALENDAR VERSION:2.0 PRODID:-//jEvents 2.0 for Joomla//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VTIMEZONE TZID:America/Chicago X-LIC-LOCATION:America/Chicago BEGIN:DAYLIGHT TZOFFSETFROM:-0600 TZOFFSETTO:-0500 TZNAME:CDT DTSTART:19700308T020000 RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0500 TZOFFSETTO:-0600 TZNAME:CST DTSTART:19701101T020000 RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU END:STANDARD END:VTIMEZONE BEGIN:VEVENT UID:adb93ff30a24c71eb0ce541ed2f7a05c28 CATEGORIES:SDBA Events SUMMARY:SDBA 2019 National School for Beginning Ag Bankers - Spearfish LOCATION:Black Hills State University\, 1200 University St\, Spearfish, SD 57799\, U S DESCRIPTION:
The 2019 National School for Beginning Ag Bankers is an inte nsive school designed to train in all facets of agricultural lending with e mphasis on credit analysis, credit scoring, risk rating, problem loans & ; group case study.
This school will be limited to 72 students.
Fundamentals of Ag Banking: National School for Beginning Ag Bankers is an intensive sch ool designed to train in all facets of agricultural lending with emphasis o n credit analysis, credit scoring, risk rating, problem loans and group cas e study. The school, sponsored by the South Dakota Bankers Association, wil l be held on the campus of Black Hills State University in Spearfish, S.D., on June 24-27, 2019.
Attendees will receive personalized instruction and continual peer interaction fostered through a limited class size, case study and group exercises. A packet of information will be sent to each st udent. Included will be a pre-session assignment that needs to be completed and returned prior to the school. Be watching for it.
St udents will stay in new student housing in private rooms, with two units co nnected by a shared bathroom. Rooms are air conditioned with gorgeous views of the Black Hills. Campus housing is strongly encouraged, however, it is not required.
For those wanting to stay off campus, a block of rooms is available at the Fairfield Inn & Suites. The room rate is $125 a nig ht plus tax. The block will be released June 7, 2019. Call 605.642.3500 to make a reservation.
Include s tuition, housing, meals and student handouts.
View of
the Ag Economy From 30,000 Feet:
This session will examine t
he drivers of change that will impact your customer base. These include tec
hnology, the global market, weather, government payments, farm structure, t
he general economy and other factors that will set the stage for credit and
marketing programs in the 21st Century. Discussion will focus on keys to s
ecuring loans and being a successful agricultural lender in today’s volatil
e and challenging times.
Earnings Analysis, Stop Light Analys
is and Cash Flow Analysis and Projections:
Attendees will lea
rn the key financial tools and variables needed in credit analysis of agric
ultural loans. Students will apply financial statements analysis, ratio ana
lysis, cash flow and financial benchmarking to real-world cases. Discussion
will center around financial and non- financial information and how it can
impact the success of a loan, along with how to communicate the analysis t
o customers, loan committees and regulators.
Loan Servicing a
nd Risk Management:
Loan servicing is always important but ne
ver more so than in an economic down cycle. This session will focus on the
fundamentals of loan servicing. How do you perform adequate levels of due d
iligence through inspections, borrowing base reports, and covenant monitori
ng while at the same time building loyalty in your customer relationships?
What are red flags? Avoid the pitfalls of lender liability. Engaged student
s will build effective and efficient loan servicing habits during this sess
ion.
Management Assessment and Customer Profiling:
Now more than ever, assessing the management ability of your borrowers
is vital. Can they manage the size and scale of their farm or ranch? Do th
ey have the integrity and systems to keep you informed with accurate, timel
y and reliable information? What is their skill level in financial manageme
nt? Students will become familiar with various approaches to measuring risk
with their borrowers. We will conduct a thorough review of the five C’s of
credit. But are there more? This risk assessment training will focus on fi
nancial and non- financial risk indicators and considerations on how to pri
ce for risk. We will close this session with discussions from ag counselors
sharing real life case studies of the problems they incur as they work wit
h farmers and ranchers.
“In college you get a lot of book learning, and you learn the basics of co mmunication. This school takes ag banking to a specialized level— here’s wh at the job is really about. As the agricultural landscape changes, it is cr itical that ag bankers get more specialized training so they can be a more useful resource to farmers, and this school will provide that training.” — Denny Everson |
The purpose of the National School for Beginning Ag Bankers is to prepare ag bankers to make better loan decisions. Ag bankers with zer o to three years of experience should attend this school.
The curric ulum includes more than 25 hours of hands-on instruction with problem-solvi ng approaches to real life situations. Active involvement in a bank simulat ion will help ag bankers better understand how decisions they make will imp act all departments within the entire operation of their banks.
DENNY EVERSON is co-dev eloper of the SDBA’s beginning and experienced ag bankers schools. Everson is a director for Farmer Mac and served as chairman of the ABA’s Ag and Rur al Bankers Committee. He received SDSU’s Distinguished Alumnus Award in 199 9 and was recognized as SD Cattlemen’s Agri-Businessman of the Year in 1998 and 1993 and South Dakota Pork Producers Dedicated and Distinguished Servi ce Award in 1998. He received the coveted ABA Center for Agricultural and R ural Banking’s Bruning Award in 2008 and was inducted into the South Dakota Hall of Fame in September 2015 for his contributions to agriculture. Evers on is retired from First Dakota National Bank, Yankton, S.D., where he serv ed as president of the agri-business division and director of branch admini stration. He currently serves on First Dakota National Bank’s Board of Dire ctors.
ROBERT H CRAVEN is an extension economist and director of the Center for Farm Financial Management, Department of Applie d Economics, University of Minnesota. Areas of specialty include business m anagement, credit analysis and grain marketing. His work for the Center has focused on development of FINPACK, a nationally-recognized ag credit analy sis software. He is also on the development team for the “Winning the Game” grain marketing education programs. He has spoken at numerous conferences including the National ABA Ag Bankers Conference and the USDA Ag Outlook Fo rum. He has also taught more than 300 workshops on farm management and mark eting.
DR. MATT ROBERTS is the founder of Kernmantle Group, a risk management consultancy in Columbus, Ohio. Previously, he was an ag economist at Ohio State University for 15 years. Dr. Roberts is a na tionally- renowned expert and speaker on the grain and energy markets. He h as been quoted in the Wall Street Journal, Chicago Tribune, Associated Pres s and Forbes and has been interviewed on CNBC. He received his bachelor’s f rom William Jewell College in Liberty, Mo., and a Ph.D. from North Carolina State University. Prior to graduate school, he worked as a commodity and e nergy broker in Vienna, Austria, and as a market research consultant to the pharmaceutical industry in North Carolina.
DALE NORDQUIST strong>is an extension economist at the Center for Farm Financial Managemen t in the Department of Applied Economics at the University of Minnesota. Hi s interests include farm business analysis, farm planning and software deve lopment. Nordquist has more than 25 years of experience in teaching farm ma nagement and developing software tools for farm financial planning and anal ysis. He has been a major contributor to the design and development of the FINPACK farm financial planning and analysis software.
SAM MI LLER is managing director, group head of agriculture banking for B MO Harris Bank, where he coordinates and leads production agriculture and a gribusiness related banking activities. BMO Harris is the largest agricultu ral bank in Wisconsin and the eighth largest in the United States. Miller h as more than 30 years of agricultural banking experience, the past 26 at BM O Harris Bank. Miller is a Bruning Award recipient, an award for excellence in ag banking presented by the American Bankers Association. He is a past chair of the ABA’s Ag and Rural Affairs Committee and a school director for the Wisconsin Bankers Association’s Advanced Ag Banking School.
CONTACT:Halley Lee - 800.726.7322 or hlee@sdba.com DTSTAMP:20240329T123203 DTSTART;TZID=America/Chicago:20190624T080000 DTEND;TZID=America/Chicago:20190627T160000 SEQUENCE:0 TRANSP:OPAQUE END:VEVENT END:VCALENDAR