Pub. 3 2013-2014 Issue 3

O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S November • December 2013 3 The Colorado Bankers Association is proud to present COLORADO BANKER as a benefit of membership in the Associa- tion. No member dues were used in the publishing of this news magazine. All publishing costs were borne by advertising sales. Purchase of any products or services from paid advertisements within this magazine are the sole responsibility of the consumer. The statements and opinions expressed herein are those of the individual authors and do not necessarily represent the views of COLORADO BANKER, or its publisher the newsLINK Group. Any legal advice should be regarded as general information. It is strongly recommended that one contact an attorney for counsel regarding specific circumstances. Likewise, the appearance of advertisers does not constitute an endorsement of the products or services featured by The newsLINK Group. 5 Chairman’s Message 6 A Word From CBA... 8 FEATURE: Final Repair Regulations Have Widespread Impact – Tax Accounting Method Changes will be Required 12 FEATURE: Is Your Compensation Plan Generous Enough? 15 FEATURE: Too Big to Fail vs. Too Small to Thrive 18 FEATURE: To Choose the Local IT or an Industry-Focused MSP Don Childears President/CEO Jenifer Waller Senior Vice President Amanda Rogowski Director of Marketing Amanda Averch Director of Communications Mary Bowers Director of Membership Fritz Mackey Executive Assistant Margie Mellenbruch Bookkeeper* Craig A. Umbaugh Counsel* Jim Cole Lobbyist* Melanie Layton Lobbyist* Garin Bray Lobbyist* * outsourced Amanda Rogowski, CBA Director of Marketing, amanda@coloradobankers.org 140 East 19th Avenue, Suite 400 Denver, Colorado 80203 voice: 303.825.1575 – fax: 303.825.1585 Websites: www.coloradobankers.org www.smallbizlending.org www.financialinfo.org November/December 2013 OVERACENTURY:BUILDINGBETTERBANKS -HELPINGCOLORADANSREALIZEDREAMS To Choose the Local IT or an Industry-Focused MSP That is the Question register today Management Conference presented by CBA Tuesday, January 21 9:00 a.m. to 4:30 p.m. Grand Hyatt downtown Denver