Pub. 4 2015 Issue 4

C O N T E N T S VACB EXECUTIVE COMMITTEE CHAIRMAN Michael A. Ewing Vice Chairman & CEO Oak View National Bank Warrenton CHAIRMAN ELECT Alice P. Frazier EVP & COO Cardinal Bank McLean VICE CHAIR G. Lyn Hayth, III President & CEO Bank of Botetourt Buchanan PRESIDENT & CEO Steven C. Yeakel, CAE President & CEO VACB Richmond IMMEDIATE PAST CHAIRMAN John R. Caldwell President & CEO The Farmers Bank of Appomattox Appomattox ICBA STATE DIRECTOR Samuel L. Neese President & CEO Highlands Union Bank Abingdon VACB DIRECTORS CHAIR SERVICES COMMITTEE Elizabeth M. Bentley Union First Market Bank Richmond 2016 Robert L. Buzzo First Community Bank, NA Bluefield 2016 Brian K. Plum Blue Ridge Bank Luray 2017 Elizabeth Berkner Burke & Herbert Bank Alexandria 2017 Lynda P. Cunningham Bank of McKenney McKenney 2017 Dennis A. Dysart First Bank Strasburg 2017 J. Allan Funk Grayson National Bank Independence 2017 Mark C. Hanna EVB Newport News 2017 A. Preston Moore, Jr. Virginia Community Bank Louisa 2017 Howard F. Pisons Community Banker’s Bank Midlothian 2018 Randal R. Greene President & Ceo Bank of Lancaster Kilmarnock 2018 Lloyd B. Harrison President Virginia Partners Bank Fredericksburg VACB STAFF Katharine C. Garner, CMP Vice President Education & Communications Kelli C. Mallinger Director Member Services © 2015 Virginia Association of Community Banks | e newsLINKGroup, LLC. All rights reserved. e Community Banker is published four times each year by e newsLINKGroup, LLC for the Virginia Association of Community Banks and is the o cial publication for this association. e information contained in this publication is intended to provide general information for review and consideration. e contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your speci c circumstances. e statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Virginia Association of Community Banks, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or serviced advertised. e Community Banker is a collective work and as such some articles are submitted by authors that are independent of the Virginia Association of Community Banks. While e Community Banker encourages a rst print policy, in cases where this is notpossible,everye orthasbeenmadetocomplywithanyknownreprintguidelinesorrestrictions.Contentmaynotbereproducedorreprintedwithoutpriorwrittenpermission.Forfurther information,pleasecontactthepublisherat:855-747-4003. 8 16 19 14 6 Chairman’s Message 6 President’s Message 8 VACB 38th Annual Convention 12 Convention Sponsors 14 Understanding Bank Officer Liability 16 Bank Bytes: Risk Analysis On a Full Stomach 18 Don’t B elieve the Hype: Core Conversion Should Not Be a Painful Process! 19 Looking Ahead - What’s Around the Corner? 20 Cyber Education