Bank Director | 1st Quarter 2005

Issue 1st Quarter 2005

Departments

Directly Speaking

Sure It’s Profitable. But Is It Right?
William B. King

Seidman's Commentary

Profiles in Director Courage
L. William Seidman

For Your Review

For Your Review

Sound Off

Brands on the Brain
Thomas K. Brown

Management

Learning from Bank Turnarounds
J. Michael Feeks

BottomLine

High Performance Capital Management
Alex Sheshunoff & Biff Motley

Contents

The First Annual Bank Director Board Performance Awards
Three stellar banks are commended for their performances in the categories of governance, new strategic initiative, and courage under fire in Bank Director's inaugural awards program.

Trailblazer Award: Georgian Bancorporation, Alpharetta, Georgia
Presented to an exceptional board who worked with management to take the bank in a new direction with successful results to the institution’s bottom line and organizational value.
John R. Engen

Corporate Governance Award: Salisbury Bancorp, Lakeville, Connecticut
Presented to a board that has instituted and practices corporate governance in a superlative manner.
Jack Milligan

L. William Seidman Courage Award: Community Bancshares, Blountsville, Alabama
Presented to a board whose directors, during a time of great adversity, had the courage to do the right thing.
John R. Engen

Working with a Net
Protection from directors liability should never be taken for granted. A regular review of D&O policies to fully understand the mechanics of coverage is needed to ensure an adequate cushion from harm.
Charles Keenan

The 404 Monster
Many institutions have been frustrated with the time and effort required to deal with Sarbanes-Oxley’s Section 404. The good news, hopefully, is that things will be easier after this first year.
John R. Engen

Examining the Horizon: Using the Strategic Plan for Growth
In theory, everything comes together in the bank’s strategic plan—but how can the board use it as a tool for success?
Jack Milligan