ABA Banking Journal - July 2008 - (Page 15)

briefing ABA Resources Community bank index gets new name ABA has updated the name and ticker symbol of its NASDAQ community bank index, and nine new banks were recently added to the index. The new name will be the ABA NASDAQ Community Bank Index and the ticker symbol will be ABAQ. The changes reflect the merger of ABA with America’s Community Bankers in December. ACB launched the Index in December 2003, with the name America’s Community Bankers NASDAQ Index. The ACBQ ticker symbol was assigned when intraday pricing became available. As of June 1, the index includes some 500 community banks with a market capitalization of about $140 billion. “The ABA NASDAQ Community Bank Index and the new ABAQ ticker symbol demonstrate ABA’s continued commitment to the community bank sector of our industry,” said ABA Chairman Brad Rock, chairman and CEO of Bank of Smithtown, N.Y. “The index is the most broadly representative stock index for community banks and remains an important tool for giving our banks more visibility with analysts and investors.” Rock, whose bank is a member of the index, also announced that participating banks will have the opportunity to make presentations to investors and securities analysts at ABA’s ninth Community Bank Investor Conference, Oct. 27-28, in New York City. Members are also invited to join with ABA in closing the NASDAQ market on Oct. 27. The index includes all banks and savings associations listed on the NASDAQ, with the exception of any of the 50 largest banks and thrifts based on asset size, banks classified as having an “international specialization,” and banks classified as having a “credit card specialization.” Asset size and business classifications are based on the most recently available FDIC data. The index is calculated on both a total return and a price return basis. Total return includes the value of reinvested dividends. Price changes throughout the trading day are updated every 15 seconds and can be accessed using the symbol ABAQ, by going to www.aba.com, or through such financial data services as Yahoo and Bloomberg. Take yourself out to a ball game one night while attending the ABA School of Bank Card Management. Turner Field, home to the Atlanta Braves, served as the focal point of the 1996 Summer Olympics. ABA School of Bank Card Management Atlanta, GA Aug 3-8 ABA Senior Leadership Institute Cincinnati, OH Aug 3-8 ABA Marketing Conference Denver, CO Sep 14-16 ABA Financial Statement Analysis for Lenders; ABA National Commercial Lending Schools; ABA Graduate Commercial Lending Schools Dallas, TX Oct 11-17 ABA Money Laundering Enforcement Conference Washington, DC Oct 19-21 ABA National Compliance School; ABA Intermediate Compliance School Chicago, IL Oct 24-30 ABA National Trust School; ABA Graduate Trust School Atlanta, GA Oct 26 -Nov 1 Community Bank Investor Conference New York, NY Oct 27-28 ABA BANKING JOURNAL/JULY 2008 15 Online commercial lending center launched ABA has established a new Center for Commercial Lending & Business Banking online at www.aba.com/Solutions/BusinessBanking.htm. The center is a gateway to the information, education and training, and advocacy that will help banks compete and win in their targeted commercial market segments. Among the center’s resources and information is “Commercial Insights,” a new ABA E-mail Bulletin. To subscribe to any of ABA’s free-to-members E-mail Bulletins, go to www.aba.com and click on “E-mail Bulletins” under the “For Members” tab. Questions? Call 1-800-BANKERS. ABA endorses Crowe Chizek risk management consulting services ABA has endorsed the governance, risk, and compliance management consulting services of Crowe Chizek and Company LLC. Crowe’s risk management consulting services were chosen after a thorough review and analysis by ABA and its affiliate, the Corporation for American Banking, based on a wide range of factors including ability to meet the needs of ABA members, Continued on p.16 Subscribe at www.ababj.com http://www.aba.com/Conferences and Education/CMS_sched2.htm http://www.aba.com http://www.aba.com/Solutions/BusinessBanking.htm http://www.aba.com http://www.ababj.com

Table of Contents Feed for the Digital Edition of ABA Banking Journal - July 2008

ABA Banking Journal - July 2008 Contents Editor’s Column Searching for New Paradigms at BIS Snapshot: C&I Asset Quality 100th Anniversary: Then & Now BofA "Event Concept" Wins Awards, and Customers ABA Resources ABA Chairman’s Position M&A: Beat Today's Market Blues Pass the Aspirin Cover Story: Workout Time Correspondent Banking: No Longer Just a Handshake Business Getting IT Right By Thinking It Through Webnotes Are You "Red Flag" Ready? Mailbox Banker’s Mart To Advertise/Index of Advertisers The Economy

ABA Banking Journal - July 2008

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