In mid-2022, PACB entered into a partnership with the Barret School of Banking to provide professional educational opportunities to Association members who are community bankers.
The Paul W. Barret, Jr. School of Banking is dedicated to helping banker students excel in receiving an excellent advanced banking educational experience to the benefit of both the student and their sponsoring community bank employer. The School of Banking is a non-profit independent school created by and governed by a Board of Regents, whose members are executives from banks and other firms involved within the financial services industry.
Barret’s comprehensive curriculum provides immediate, tangible training for bankers who may be newer to commercial lending, and their program – regardless of experience level – allows anyone to improve their skills as commercial lenders.
The curriculum is comprised of live and on-demand training, roundtables, events, and leadership development.
From Sept. 26-29, 2022, PACB partnered with Barret in making available to members an Ag Lending Webinar. Topics included the impact of the Farm Financial Standards Council, recommendations on agriculture lending (including recommended key financial statements and how they interact in the lending process), calculating deferred taxes and their impact on agriculture financial analysis and credit decisioning, understanding differences between cash and accrual income statements for the agricultural customer, understanding cash flow analysis in agricultural lending decisioning, and learning the purpose of loan policy and relationships to problem loans.
More learning opportunities are scheduled for PACB members with Barret School of Banking in 2023.