Our Services

Bank Resources provides the strategic guidance, expertise and regulatory advice necessary to transform concepts into successful realities. Bank Resources is a full service consulting firm that provides the following services. (Click each link for more information)

Regulatory Enforcement Actions

Regulatory Compliance has become increasingly complex and we assist management in interpreting these rules and with its efforts to satisfactorily respond to any issue that has been brought to their attention in this area. These advisory services include the following:

·Formulating and designing plans to attain full compliance with Enforcement Action levied by regulators;
·Conducting evaluations of corporate governance;
·Performing Management Assessments, including Board and Committee structure;
·Assisting in moderating and facilitating Strategic Planning sessions for Board and Management;
·Assisting with methodology for calculating ALLL;
·Developing capital plans;
·Providing an assessment of loan quality through representative sampling methods;
·Providing an assessment as to the adequacy of the allowance for loan and lease losses, and reasonableness of the allowance methodology;
·Assisting in developing and implementing (i) a sound internal control system, (ii) a reasonable capital plan, (iii) a realistic profit plan, and (iv) a liquidity plan that protects against moderate shocks to the system;
·Providing an assessment of the risk profile of the institution;
·Assisting with Budgeting and Forecasting;
·Providing a directors' education seminar specific to a given institution;
·Providing limited investment banking services such as purchase/sale analysis and due diligence;
·Review and writing Policies;
·Plan to Reduce Brokered Deposits and other alternative funding;
·Operations review; and,
·Review and realignment of branch networks.

Assist in Enforcement Actions imposed by the regulators against your institution.

Our primary goal is to bring about the termination or lifting of the Enforcement Action in a timely manner and as efficiently as possible. The longer Enforcement Actions linger, the higher the cost to your institution. We are prepared to work with you immediately and to guide you through the process. Upon termination of the Enforcement Action, your institution is given a new beginning from which it can both grow profitably and assume a leadership position within your community.

We have the experience, knowledge and expertise to assist in Formal Actions (Cease and Desist Orders (C&D), Written Agreements, Removal and Prohibition Orders, Civil Money Penalties) and Informal Actions (Memorandum of Understanding (MOU), Board resolutions). Generally, Formal Actions are imposed on institutions having CAMELS composite ratings of 4 or 5, while Informal Actions are generally imposed on institutions having a CAMELS composite rating of 3.

Below is a partial list of items that we can assist you with. This list is not meant to be exhaustive.

·Establish the proper Compliance Committee that will guide, direct, oversee, and monitor the institution's compliance efforts;
·Conduct an evaluation of corporate governance, including role and responsibility of the Board; Board Committees; shareholders' rights; integrity and ethical behavior; accountability; disclosure and transparency;
·Conduct a management assessment to encompass basic functions such as planning, organizing, staffing, implementing, directing and monitoring. Evaluate the qualifications, abilities and experience of senior management vis-a-vis their duties and responsibilities;
·Assist in revising or formulating a mission statement that is consistent with a pre-determined risk profile of the institution;
·Assist in formulating a three-year strategic plan to support and complement the mission statement. For each goal and objective, establish a time frame for achievement, assign the individuals responsible for implementation, and identify the officer accontable for each goal and objective. Identify circumstances under which the institution may deviate from the plan as well as design a system that will monitor the plan's progress;
·Evaluate the risk profile of the institution and assist in the selection of proper risk metrics;
·Revise existing as well sa inadequate policies, procedures and processes;
·Assist in developing an internal control system designed to provide reasonable assurance regarding the reliability of financial reporting, the effectiveness and efficiency of operations, and compliance with laws and regulations. A well designed system will reduce the potential for fraud as well as protect the institutions resources;
·Assist in improving loan quality asserting reasonableness in loan authority, strengthening underwriting standards, demanding independence throughout the approval process, installing adequate accounting and auditing controls, accepting minimum tolerance for exceptions, identifying problem loans in their early stages, reducing loan classifications in an effective and efficient manner;
·Assist in establishing a proper methodology for calculating the allowance for loan and lease losses, and monitor its adequacy on a regular basis;
·Assist in reviewing or formulating a capital plan that is based on realistic projections of growth and performance. The capital plan will be consistent with the institution?s strategic plan as well as conform to general or specific regulatory requirements;
·Assist in revising or formulating a profit plan that will enhance future earnings. Implement a system that will track performance and explain variances;
·Assist in reviewing or formulating a liquidity plan that will assure a sound liquidity posture. Evaluate the investment portfolio, asset liability management, gap and duration analysis;
·Assist in correcting all violations of law in a timely basis, and in complying with all of the requirements of the Enforcement Action.

To find out more about us and how we can work with you, please fill out this brief contact form.