Pub 12 2023 Issue 6

Executive Doug Wareham, President & CEO Kathy Taylor, EVP, General Counsel Terri D. Thomas, EVP, COO Administration Alex Orel, SVP, Government Relations Eric Stofer, SVP, Chief Financial Officer Mary Taylor, SVP, Director of Communications & Marketing Sara Blubaugh, SVP, Administration and Board Secretary Julie Taylor, VP, Computer & Information Systems Bree Hull, Communications & Marketing Manager, YBOK Division Manager J.W. Wells, Ag Division Coordinator/ Government Relations Assistant Education and Conferences Brenda L. Unruh, SVP, Director, Education & Conferences/ Strategic Partnerships Becky Milne, VP, Assistant Director, Education & Conferences LeAnn Mott, VP, Education & Conferences Natalie Wareham, Events Manager Alana Seelbach, Receptionist/Special Projects Insurance Alex Greig, President, KBA Insurance, Inc. Kent Owens, SVP, KBA Insurance, Inc. Elizabeth Roche, SVP, Employee Benefits Administration Jenny Figge, SVP, Operations Cari Charter, AVP, KBA Insurance, Inc. Cole Thompson, Accounts Manager Clinton Moore, KBA Insurance , Inc Legal/Compliance Jackie Kuhn, JD, VP, Staff Attorney Gwen Hill, JD, VP, Staff Attorney Jamie Sheik, JD, VP, Legal Dept. Manager Dylan Serrault, JD, VP, CFBS Manager Bobby Young, JD, VP, Staff Attorney Adeel Syed, JD, VP, Staff Attorney Kelly VanZwoll, JD, VP, Staff Attorney & Gov’t Relations Neal Barclay, AVP, Compliance Specialist/Auditor Jeff Narron, AVP, Compliance Specialist/Auditor Kerry Clark, JD, Staff Attorney & Publications Editor Lewis Walton, JD, Compliance Specialist/Auditor Heather Williams, Compliance Operations Specialist/Auditor Sarah Weltmer, Compliance Operations Specialist Meridith DeForest, Administrative Legal Assistant Sarah Lynch-Chaput, Legal Intern Gabe Walker, Legal Intern Tom Thomsen, Legal Intern © 2023 Kansas Bankers Association | The newsLINK Group, LLC. All rights reserved. The Kansas Banker is published six times each year by The newsLINK Group, LLC for the KBA and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The 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 circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Kansas Bankers Association, 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 service advertised. The Kansas Banker is a collective work, and as such, some articles are submitted by authors who are independent of the Kansas Bankers Association. While the The Kansas Banker encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at 855.747.4003. CONTENTS 6 2023 KBA Federal Affairs Committee, KBA Board and KBA’s Bank Leaders of Kansas (BLOK) Class March on Washington, D.C., a Success! 8 Washington Update: The High Cost of Too Much Capital By Rob Nichols, President and CEO, American Bankers Association 9 KBA Trust Conference 12 2023 Economic Outlook & Risk Management Conference 15 2023 YBOK Annual Conference 18 Surviving Versus Thriving in Today’s Market By Data Center, Inc. 21 Are You Ready to Lower Your Privilege Tax Obligation This Filing Season? By FORVIS 23 Kansas Bankers Proudly Serve the American Bankers Association 26 Congratulations 2023 GSB Graduates from Kansas 27 More Than $175,000 In Scholarships Available Annually 28 Briefly in Kansas Banking 30 In Memory: Harold Allen Stones 32 Relationship Banking in the Digital Age By Brian Hoffart, nbkc bank 34 2024 Conference Preview 18 21