Independent Banker - June 2021 - 17

Meet the CROs
Josh Hofer
Chief risk and information
security officer
Stearns Bank
St. Cloud, Minn.
f Assets: $2.2 billion
f Years at bank: 5
f Background: IT, IT security
and bank operations
Jennifer Johnson
Vice president and chief risk
and operations officer
Forte Bank
Hartford, Wis.
f Assets: $290 million
f Years at bank: 6
f Background: Compliance,
audit and operations
Greg Schaller
Senior vice president and chief
risk officer
Midwest BankCentre
St. Louis, Mo.
f Assets: $2 billion
f Years at bank: 5
f Background: Accounting,
audit and compliance
Andrew Stines
Executive vice president and
chief risk officer
Coastal Community Bank
Everett, Wash.
f Assets: $1.7 billion
f Years at bank: 1
f Background: Legal,
compliance and
risk management
JUNE 23 | 3 ET/2 CT
CECL Simplified:
5 Reasons to Use
the WARM Method.
Featuring:
Michael Stinson
President
FBX BankTrends
Bridgette Hardonk
Sales Executive
FBX BankTrends
Josh Hofer: We try to be proactive
with our risk framework and build
in processes so that if there is an
opportunity on the business side, they
are not waiting on the back office or
risk to catch up. One of those examples
is the FFIEC CAT [Cybersecurity
Assessment Tool]. We try to stay one
level ahead of the current maturity, so
from a tech standpoint-and everything
touches tech-if there is an opportunity,
or if we grow or want to offer a product
or service that's a bit more risky, we
already have controls in place and [can
go ahead with the opportunity].
Andrew Stines: Reporting risk
continues to be a big challenge.
Reporting risk in a single area
isn't difficult. Reporting across all
departments and lines of business in a
manner that is useful and meaningful
is much more difficult. It requires
good methodology and technology
and personnel who know how to
perform data analytics and cooperate
with business units that own data.
Another challenge is [that we are]
experiencing rapid growth due to
our relationship with Google and our
banking-as-a-service (BaaS) division.
It's challenging to have to move this
fast and build processes, procedures
and resources and do it in a scalable
and safe and sound manner.
Jennifer Johnson: [Forte Bank
has] $200 million in assets to
[Coastal Community Bank's nearly]
$2 billion, yet the risks we're facing
are really similar. From an operational
standpoint, we, too, are struggling with
making our processes faster and better.
No matter your size, customers make
Featuring:
Josh Juergensen
Principal
CliftonLarsonAllen,
LLP
The FASB deadline for the new
accounting standard is just around
the corner. Is your organization ready?
Join our FBX live demo with guest
speaker Josh Juergensen from CLA,
as we discuss 5 reasons you should
use the WARM Method for your
CECL calculation.
REGISTER TODAY!
To register and view our full
library of free on-demand
webinars, visit the Independent
Banker Webinar Center at
Independentbanker.org
http://www.Independentbanker.org

Independent Banker - June 2021

Table of Contents for the Digital Edition of Independent Banker - June 2021

Table of Contents
Independent Banker - June 2021 - Intro
Independent Banker - June 2021 - Cover1
Independent Banker - June 2021 - Cover2
Independent Banker - June 2021 - Table of Contents
Independent Banker - June 2021 - 2
Independent Banker - June 2021 - 3
Independent Banker - June 2021 - 4
Independent Banker - June 2021 - 5
Independent Banker - June 2021 - 6
Independent Banker - June 2021 - 7
Independent Banker - June 2021 - 8
Independent Banker - June 2021 - 9
Independent Banker - June 2021 - 10
Independent Banker - June 2021 - 11
Independent Banker - June 2021 - 12
Independent Banker - June 2021 - 13
Independent Banker - June 2021 - 14
Independent Banker - June 2021 - 15
Independent Banker - June 2021 - 16
Independent Banker - June 2021 - 17
Independent Banker - June 2021 - 18
Independent Banker - June 2021 - 19
Independent Banker - June 2021 - 20
Independent Banker - June 2021 - 21
Independent Banker - June 2021 - 22
Independent Banker - June 2021 - 23
Independent Banker - June 2021 - 24
Independent Banker - June 2021 - 25
Independent Banker - June 2021 - 26
Independent Banker - June 2021 - 27
Independent Banker - June 2021 - 28
Independent Banker - June 2021 - 29
Independent Banker - June 2021 - 30
Independent Banker - June 2021 - 31
Independent Banker - June 2021 - 32
Independent Banker - June 2021 - 33
Independent Banker - June 2021 - 34
Independent Banker - June 2021 - 35
Independent Banker - June 2021 - 36
Independent Banker - June 2021 - 37
Independent Banker - June 2021 - 38
Independent Banker - June 2021 - 39
Independent Banker - June 2021 - 40
Independent Banker - June 2021 - 41
Independent Banker - June 2021 - 42
Independent Banker - June 2021 - 43
Independent Banker - June 2021 - 44
Independent Banker - June 2021 - 45
Independent Banker - June 2021 - 46
Independent Banker - June 2021 - 47
Independent Banker - June 2021 - 48
Independent Banker - June 2021 - 49
Independent Banker - June 2021 - 50
Independent Banker - June 2021 - 51
Independent Banker - June 2021 - 52
Independent Banker - June 2021 - 53
Independent Banker - June 2021 - 54
Independent Banker - June 2021 - 55
Independent Banker - June 2021 - 56
Independent Banker - June 2021 - 57
Independent Banker - June 2021 - 58
Independent Banker - June 2021 - 59
Independent Banker - June 2021 - 60
Independent Banker - June 2021 - 61
Independent Banker - June 2021 - 62
Independent Banker - June 2021 - 63
Independent Banker - June 2021 - 64
Independent Banker - June 2021 - 65
Independent Banker - June 2021 - 66
Independent Banker - June 2021 - 67
Independent Banker - June 2021 - 68
Independent Banker - June 2021 - 69
Independent Banker - June 2021 - 70
Independent Banker - June 2021 - 71
Independent Banker - June 2021 - 72
Independent Banker - June 2021 - Cover3
Independent Banker - June 2021 - Cover4
https://www.nxtbook.com/mspc/independentbanker/october2024
https://www.nxtbook.com/mspc/independentbanker/september2024
https://www.nxtbook.com/mspc/independentbanker/august2024
https://www.nxtbook.com/mspc/independentbanker/july2024
https://www.nxtbook.com/mspc/independentbanker/june2024
https://www.nxtbook.com/mspc/independentbanker/may2024
https://www.nxtbook.com/mspc/independentbanker/april2024
https://www.nxtbook.com/mspc/independentbanker/march2024
https://www.nxtbook.com/mspc/independentbanker/february2024
https://www.nxtbook.com/mspc/independentbanker/january2024
https://www.nxtbook.com/mspc/independentbanker/december2023
https://www.nxtbook.com/mspc/independentbanker/november2023
https://www.nxtbook.com/mspc/independentbanker/october2023
https://www.nxtbook.com/mspc/independentbanker/september2023
https://www.nxtbook.com/mspc/independentbanker/august2023
https://www.nxtbook.com/mspc/independentbanker/july2023
https://www.nxtbook.com/mspc/independentbanker/june2023
https://www.nxtbook.com/mspc/independentbanker/may2023
https://www.nxtbook.com/mspc/independentbanker/april2023
https://www.nxtbook.com/mspc/independentbanker/march2023
https://www.nxtbook.com/mspc/independentbanker/february2023
https://www.nxtbook.com/mspc/independentbanker/january2023
https://www.nxtbook.com/mspc/independentbanker/december2022
https://www.nxtbook.com/mspc/independentbanker/november2022
https://www.nxtbook.com/mspc/independentbanker/october2022
https://www.nxtbook.com/mspc/independentbanker/september2022
https://www.nxtbook.com/mspc/independentbanker/august2022
https://www.nxtbook.com/mspc/independentbanker/july2022
https://www.nxtbook.com/mspc/independentbanker/june2022
https://www.nxtbook.com/mspc/independentbanker/may2022
https://www.nxtbook.com/mspc/independentbanker/april2022
https://www.nxtbook.com/mspc/independentbanker/march2022
https://www.nxtbook.com/mspc/independentbanker/february2022
https://www.nxtbook.com/mspc/independentbanker/january2022
https://www.nxtbook.com/mspc/independentbanker/december2021
https://www.nxtbook.com/mspc/independentbanker/november2021
https://www.nxtbook.com/mspc/independentbanker/october2021
https://www.nxtbook.com/mspc/independentbanker/september2021
https://www.nxtbook.com/mspc/independentbanker/august2021
https://www.nxtbook.com/mspc/independentbanker/july2021
https://www.nxtbook.com/mspc/independentbanker/june2021
https://www.nxtbook.com/mspc/independentbanker/may2021
https://www.nxtbook.com/mspc/independentbanker/april2021
https://www.nxtbook.com/mspc/independentbanker/march2021
https://www.nxtbook.com/mspc/independentbanker/february2021
https://www.nxtbook.com/mspc/independentbanker/january2021
https://www.nxtbook.com/mspc/independentbanker/december2020
https://www.nxtbook.com/mspc/independentbanker/november2020
https://www.nxtbook.com/mspc/independentbanker/october2020
https://www.nxtbook.com/mspc/independentbanker/september2020
https://www.nxtbook.com/mspc/independentbanker/august2020
https://www.nxtbook.com/mspc/independentbanker/july2020
https://www.nxtbook.com/mspc/independentbanker/june2020
https://www.nxtbook.com/mspc/independentbanker/may2020
https://www.nxtbook.com/mspc/independentbanker/april2020
https://www.nxtbook.com/mspc/independentbanker/march2020
https://www.nxtbook.com/mspc/independentbanker/february2020
https://www.nxtbook.com/mspc/independentbanker/january2020
https://www.nxtbook.com/mspc/independentbanker/december2019
https://www.nxtbook.com/mspc/independentbanker/november2019
https://www.nxtbook.com/mspc/independentbanker/october2019
https://www.nxtbook.com/mspc/independentbanker/september2019
https://www.nxtbook.com/mspc/independentbanker/august2019
https://www.nxtbook.com/mspc/independentbanker/july2019
https://www.nxtbook.com/mspc/independentbanker/june2019
https://www.nxtbook.com/mspc/independentbanker/may2019
https://www.nxtbook.com/mspc/independentbanker/april2019
https://www.nxtbook.com/mspc/independentbanker/march2019
https://www.nxtbook.com/mspc/independentbanker/february2019
https://www.nxtbook.com/mspc/independentbanker/january2019
https://www.nxtbook.com/mspc/independentbanker/december2018
https://www.nxtbook.com/mspc/independentbanker/november2018
https://www.nxtbook.com/mspc/independentbanker/october2018
https://www.nxtbook.com/mspc/independentbanker/september2018
https://www.nxtbook.com/mspc/independentbanker/august2018
https://www.nxtbook.com/mspc/independentbanker/july2018
https://www.nxtbook.com/mspc/independentbanker/june2018
https://www.nxtbook.com/mspc/independentbanker/may2018
https://www.nxtbook.com/mspc/independentbanker/april2018
https://www.nxtbook.com/mspc/independentbanker/march2018
https://www.nxtbook.com/mspc/independentbanker/february2018
https://www.nxtbook.com/mspc/independentbanker/january2018
https://www.nxtbook.com/mspc/independentbanker/december2017
https://www.nxtbook.com/mspc/independentbanker/november2017
https://www.nxtbook.com/mspc/independentbanker/october2017
https://www.nxtbook.com/mspc/independentbanker/september2017
https://www.nxtbook.com/mspc/independentbanker/august2017
https://www.nxtbook.com/mspc/independentbanker/july2017
https://www.nxtbook.com/mspc/independentbanker/june2017
https://www.nxtbook.com/mspc/independentbanker/may2017
https://www.nxtbook.com/mspc/independentbanker/april2017
https://www.nxtbookmedia.com