Pub. 3 2013 Issue 2

ARIZONA BANKER  Spring 2013 11 For more informa Ɵ on contact Chris Ɵ an C. M. Beams at (602) 440-4818; cbeams@rcalaw.com . Chris is a shareholder in the bankruptcy, lending and commercial li Ɵ ga Ɵ on prac Ɵ ce groups at Ryley Carlock & Applewhite. Q President’s Message — continued from page 4 please call the Association and get on our manifest for our next mission. We are also busy planning our convention for early June. (see page 16 for more details) . After last year’s meeting in Sedo- na, we are back to the one-of-a-kind Ritz Carlton in Marana, Arizona this year. We will continue to bring top notch and compelling presentations to convention participants, includ- ing some of the best industry analysts, economists, and — as always — political prognosticators. Please plan on attend- ing with your family. The water slide is one of the fastest in the state, and the golf course, home to the Accenture Match Play Championship, is one of the most enjoyable and unique in the country. The balance of the year will bring our members together with public officials that either regulate our industry or oversee those who do. Additionally, we will continue to have workshops and provide best-in-class educational offerings for you and your directors that make navigating the difficult economic and political landscape in which we are doing business a little easier. Z understand risk-based analysis. In the face of sympathetic borrowers’ professed certainty regarding the prospects of success for their project, a bank’s inherently uncertain risk-based evaluation may fall short of convincing them. The failed real estate developer always believes that, with just a little more time, and a little more money, the project will succeed. The borrowers will claim that they really were motivated to look after the bank’s best interests, but the bankers just didn’t understand their project needs, and pulled the plug on their project right before it was poised to become profitable. In a lender liability, it often seems like the borrowers live on a different world from the bank and its experts, and the allure of attracting potential jurors to visit that alternative reality should not be underestimated. Z