Imaging Foremost Among Community Bank Interests

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					FOR IMMEDIATE RELEASE                                               For information, contact:
November 3, 2005                                                    Don Hutson
                                                                    BKD Financial Services Group Leader
                                                                    314 231-5544, dhutson@bkd.com
                                                                    Sandy Z. Poneleit, Communications Specialist
                                                                    417 831-7283
                                                                    sponeleit@bkd.com

        Imaging Foremost Among Community Banks’ Technology Interests
             Annual survey says imaging applications, imaged-check clearing now core banking functions

         Springfield, MO – Topping the list of technologies community banks are interested in are

document-imaging applications and imaged-check clearing networks, according to the fifth annual

Community Bank Technology Survey conducted by the Independent Community Bankers of America

(ICBA) and InFinet Resources, Auburn Hills, Michigan, says Don Hutson, a partner in the St. Louis

office of BKD, LLP, a member of InFinet.

         The survey showed 71% of community banks responding in 2005 now use check-imaging

applications; another 22% plan to evaluate the technology. Imaging is a core function, with 66% stating

they will evaluate imaged-check clearing networks during the next 12 to 18 months.

         “Community banks continue to use technology to improve overall efficiency,” says Hutson, leader

of BKD Financial Services Group. “Image technology has a dramatic impact on the operational

efficiency of an organization.”

         In addition to imaging, the ICBA/InFinet survey showed 54% of respondents plan to evaluate e-

mail statement delivery over the next year. Sixteen percent of respondents said their bank offers

customers e-mail statement delivery currently.

                                                             - more -


   BKD, LLP with offices in Arkansas, Colorado, Illinois, Indiana, Kansas, Kentucky, Missouri, Nebraska, Ohio, Oklahoma & Texas
Hammons Tower • 901 E. St. Louis Street, Suite 1800 • P.O. Box 1900 • Springfield, MO 65801-1900 • 417 831-7283 • Fax 417 831-4763
Page 2, Imaging Foremost Among Community Banks’ Technology Interests


         The survey addressed security and disaster recovery issues as well. More than 9 out of 10

community banks have information technology recovery plans in place. Sixty-seven percent of

respondents had an external network security assessment in the last 12 months and 55% had an internal

assessment.

         “Regulators expect financial institutions to have viable disaster recovery plans that are proven

effective with thorough and recurring testing,” says Scott Brouillette, principal of BKD Technologies and

leader of its security and risk management team. “The Federal Deposit Insurance Corporation officer’s

examination questionnaire specifically asks: ‘Have disaster recovery/business continuity plans been

tested? If yes, please identify the system(s) tested, the corresponding test date and the date reported to the

Board.’ It is essential for banks to change and test their business continuity and disaster recovery plans in

conjunction with changes in bank operations.”

         Other survey highlights include:

             •    66% of community banks responded that keeping technology affordable is a long-term
                  decision banks face
             •    48% will increase their technology budget in the year ahead compared with the previous
                  year; about a third (34%) say they will budget the same amount on technology in the year
                  ahead compared to the previous year
             •    73% say their technology implementation is on target or ahead of plans
             •    85% of banks offer an Internet site, with 8 out of 10 offering Internet banking through their
                  web site

         BKD Financial Services Group provides tax, assurance, accounting outsourcing, consulting and

technology services to more than 1,000 financial institutions, many of them community banks, through its

BKD Financial Services Group and the BKD Technologies division.

         For complete survey results, visit ICBA’s web site at www.icba.org or go to www.bkd.com.
                                                               - 30 -
About ICBA and InFinet Resources
The Independent Community Bankers of America (www.icba.org), the nation’s voice for community banks,
represents the largest constituency of community banks of all sizes and charter types in the nation, and is dedicated
exclusively to representing the interests of the community banking industry. ICBA’s collaborator in the survey,
InFinet Resources, is an alliance of independent advisory firms, all with extensive financial services practices.
BKD is a founding member of InFinet Resources (www.bkd.com/industry/Financial_Services/InfinetResources.htm).
   BKD, LLP with offices in Arkansas, Colorado, Illinois, Indiana, Kansas, Kentucky, Missouri, Nebraska, Ohio, Oklahoma & Texas
Hammons Tower • 901 E. St. Louis Street, Suite 1800 • P.O. Box 1900 • Springfield, MO 65801-1900 • 417 831-7283 • Fax 417 831-4763
                                                         ***
BKD, LLP (www.bkd.com), is the CPA and advisory firm of choice for growing companies and high net-worth
individuals. As one of the 10 largest such firms in the country, we help clients go beyond their numbers by
applying our technical expertise, unmatched client service and disciplined delivery of solutions to their
management and financial needs. BKD’s approximately 1,600 personnel, including more than 200 partners, are
based in 27 offices within 11 states in the central United States. BKD serves clients worldwide as the largest
member firm of Moores Rowland International (MRI) network of accounting firms.

BKD Technologies, a division of BKD, LLP, helps organizations gain a competitive business advantage with
information technology solutions. As an authorized reseller of leading business and financial applications software,
both industry-specific and general business, we support companies with software selection, implementation and
training assistance. We also help companies with strategic technology planning, security risk improvements and
regulatory compliance issues.




   BKD, LLP with offices in Arkansas, Colorado, Illinois, Indiana, Kansas, Kentucky, Missouri, Nebraska, Ohio, Oklahoma & Texas
Hammons Tower • 901 E. St. Louis Street, Suite 1800 • P.O. Box 1900 • Springfield, MO 65801-1900 • 417 831-7283 • Fax 417 831-4763

				
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