Independent Community Bankers of America®

One Mission: To create and promote an environment where community banks flourish.

Independent Community Bankers of America®

Matt’s Indoor Baseball FacilityPittsburgh, Pa.

Tara and Ryan’s Home LoanMt. Pleasant, Pa.

Independent Community Bankers of America®

Carol’s PetResort & SpaPlum, Pa.

Independent Community Bankers of America®

Walter’s Fabricating BusinessNew Kensington, Pa.

Independent Community Bankers of America®

Tara5 weeks old

She’s awake!

Independent Community Bankers of America®

▷ Assets of $1 billion

▷ 17 offices▷ Loan Portfolio

• 45% small business• 35% mortgage• 20% consumer

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ICBA Leadership TransitionOnly five CEOs in ICBA’s 88 year history

Cam Fine2003-2018

• ICBA president and CEO for 15 years

• Transformational

• Differentiated community banks

Rebeca Romero Rainey2018-present

• More than 20 years of experience

• Third-generation community banker

• Tough and passionate

White House2017

White House2017

White House2017

Changes are complete at most of the key regulatory agencies

• OCC – Joseph M. Otting, Comptroller of the Currency

• FDIC – Jelena McWilliams, Chairman

• Federal Reserve Board – Three new governors, including the community banking seat (Michelle “Miki” Bowman has been nominated)

• BCFP – Mick Mulvaney, Interim Director (Kathy Kraninger has been nominated)

Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) – Passed!True team effort – ICBA, ICBM and community bankers

Eight years of consistent effort and focus:

• ICBA Communities First Act (2012)

• ICBA Plan for Prosperity (2013)

S. 2155 – How It Helps Your Community Bank

• Short-form call reports

• 18-month exam cycle

• QM relief for portfolio loans

• Simplified capital rules

• Exemption from new HMDA data fields

• Appraisal exemption – rural loans

• Two Congresses

• Thousands of hours of lobbying on “the Hill”

• Hundreds of ICBA letters to policymakers

• Dozens of op-eds and hundreds of media interviews

• 15,000+ grassroots messages to Congress

S. 2155 – Eight Year Effort

S. 2155 – Eight Year Effort

• 600,000 social media impressions

• 20,000+ signatures from two petitions

• Years of hearings and testimony

• Very important: • Coordination with state affiliate

advocacy campaigns - ICBM• Individual community banker

contacts

Get Involved and Fully Engage

Develop a relationship with your members of Congress:

• Be bold• Be brave• Be vocalMake it personal—tell your story!

FASB and Current Expected Credit Losses (CECL)• Success – significant changes made to CECL standard

• Don’t relax – 2020 will be here before you know it!• Run parallel during 2019

• Work with accountants and DP provider (data for disclosures)

• If significant issues arise, contact us

• Transition resource group appointee for CECL (we have a seat!)

FINTECH

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Independent Community Bankers of America®

Advocacy. Innovation. Education.Regulatory relief

Leveling the playing field

Differentiation

Financial technology

ICBA services & partnerships

Community bank resources

Live Events

Community Banker University®

The Value ICBA Provides for You

Independent Community Bankers of America®

Our story is almost as old as the nation we serve…• 100+ years: 1,780 members

(est. before 1917)

• 125+ years: 579 members (est. before 1892)

• 150+ years: 93 members(est. before 1867)

Ligonier, PA1913

Community Bankers:

• Be proud of what you do• You make dreams come true• You help businesses, families and communities

flourish

Independent Community Bankers of America®

One Mission: To create and promote an environment where community banks flourish.