2023-10-12T15:34:22-05:00 2022-12-31 631035228 JACKSON THORNTON & CO PC PO BOX 96 MONTGOMERY AL 361010096 990 2022-01-01 630788044 ALABAMA BANKERS ASSOCIATION INC ALAB 3342449456 445 DEXTER AVENUE 10025 MONTGOMERY AL 36104 SCOTT LATHAM PRESIDENT & CEO 3342449456 2023-08-27 1 SCOTT LATHAM 999009999 0 CHRISTINE K COOK P00537690 3348347660 2023-08-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SCOTT LATHAM 445 DEXTER AVENUE 10025 MONTGOMERY AL 36104 4178219 0 X WWW.ALABAMABANKERS.COM X 1986 AL TO PROMOTE THE PRESERVATION AND CONTINUED DEVELOPMENT OF COMMERCIAL BANKING IN ALABAMA. 29 29 14 29 81073 0 50566 219233 3492592 3605469 3148 -1444 276234 333233 3822540 4156491 25950 4000 0 0 1661436 1808576 0 0 0 1971987 2030365 3659373 3842941 163167 313550 3505775 4247389 1414338 1852208 2091437 2395181 TO PROMOTE THE PRESERVATION AND CONTINUED DEVELOPMENT OF COMMERCIAL BANKING IN ALABAMA. 0 0 EDUCATIONAL PROGRAMS: BANKING SCHOOL AND SEMINARS FOR THE ENHANCEMENT OF BANKER'S SKILL AND KNOWLEDGE IN COMMERCIAL BANKING MEMBER SERVICES: CONVENTIONS, MEETINGS, AND OTHER EXPENSES PROMOTING INTEREST IN THE COMMERCIAL BANKING INDUSTRY AND LEGISLATIVE AFFAIRS PUBLICATIONS: NEWSLETTER AND MAGAZINE PROMOTING COMMERCIAL BANKING AND PROVIDED CONTINUED EDUCATION ON COMMERCIAL BANKING 0 0 0 1 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 41 0 14 1 1 1 0 0 0 1 1 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X JANICE COX 3342449456 445 DEXTER AVENUE SUITE 10025 MONTGOMERY AL 36104 STEVE SMITH - SOUTHPOINT BANK PAST CHAIRMAN 1.00 X X 0 0 0 HOPE JOHNSON CHAIRMAN 0.40 X X 0 0 0 MIKE ROSS CHAIRMAN-ELECT 0.40 X X 0 0 0 CHRIS CAROTHERS DIRECTOR 0.40 X 0 0 0 ROBERT DUMAS DIRECTOR 0.40 X 0 0 0 DWIGHT GAMBLE TREASURER 0.40 X X 0 0 0 MACKE MAULDIN VICE CHAIRMAN 0.40 X X 0 0 0 RODNEY RUSHING DIRECTOR 0.40 X 0 0 0 JARED KIRBY DIRECTOR 0.40 X 0 0 0 JEFF KERVIN DIRECTOR 0.40 X 0 0 0 SHAD WILLIAMS DIRECTOR 0.40 X 0 0 0 ROBERT KUHN DIRECTOR 0.40 X 0 0 0 WILLIAM MELLOWN DIRECTOR 0.40 X 0 0 0 STEVE FOSTER DIRECTOR 0.40 X 0 0 0 MICHAEL MORGAN DIRECTOR 0.40 X 0 0 0 LINWOOD MCCLAIN DIRECTOR 0.40 X 0 0 0 RICHARD WALTERS DIRECTOR 0.40 X 0 0 0 CHARLIE WILLIAMS DIRECTOR 0.40 X 0 0 0 JOHN BENTLEY DIRECTOR 0.40 X 0 0 0 JASON EPPENGER DIRECTOR 0.40 X 0 0 0 HEYWARD GOULD DIRECTOR 0.40 X 0 0 0 DAVID LONG DIRECTOR 0.40 X 0 0 0 STEVE SMITH - 22ND BANK DIRECTOR 0.40 X 0 0 0 LEROY ABRAHAMS DIRECTOR 0.40 X 0 0 0 LEIGH COLLIER DIRECTOR 0.40 X 0 0 0 CHRIS LATTA DIRECTOR 0.40 X 0 0 0 NICK WILLIS DIRECTOR 0.40 X 0 0 0 KEITH MCCULLOUGH DIRECTOR 0.40 X 0 0 0 SCOTT LATHAM PRESIDENT & CEO 40.00 X 548051 0 40457 MELISSA GARRETT VICE-PRESIDENT OF ACCOUNTI 35.00 X 137184 0 7788 JANICE COX SENIOR VICE-PRESIDENT 40.00 X 281145 0 19878 966380 0 68123 3 0 1 0 0 29163 190070 8188 219233 MEMBERSHIP DUES 900099 1336739 1336739 CONVENTIONS 900099 1090779 1090779 SCHOOLS AND SEMINARS 900099 1037840 1037840 ADVERTISING 900099 81073 81073 TRUST DIVISION 900099 37420 37420 21618 21618 3605469 3149 3149 44956 44956 4593 -4593 -4593 -4593 14477 29163 17135 -2658 -2658 MANAGEMENT FEES 900099 240783 240783 MISCELLANEOUS 900099 50152 50152 290935 4156491 3765179 81073 91006 4000 588507 962375 66721 105448 85525 18442 20745 77801 46907 158467 72156 27033 45972 956084 11494 303137 14604 BANKERS 2 LEADERS EXPEN 192510 GIFTS 37768 DUES & SUBSCRIPTIONS 25392 TRUST DIVISION EXPENSES 11896 9957 3842941 2181406 2304152 689168 500059 66727 127206 96490 119545 1012376 757840 245971 254536 226013 216206 0 725685 3505775 4247389 195208 59542 1219130 1025164 0 767502 1414338 1852208 X 2075199 2378943 16238 16238 2091437 2395181 3505775 4247389 X 313550 -9806 X X 0 1 X 1 0 BANKPAC 445 DEXTER AVENUE NO 10025 MONTGOMERY AL 36104 900040054 10000 0 0 0 1336739 88354 88354 133674 -45320 PART I-C, LINE 5 THE AMOUNT TRANSFERRED TO THE PAC WAS DESIGNATED TO BE USED FOR ADMINISTRATIVE COSTS ONLY. 16238 16238 19238 18950 21950 16238 26950 7712 19238 31950 5000 26950 35950 4000 31950 1.00000 0 0 101167 26352 74815 911209 731488 179721 254536 ABA SERVICES 197456 C COMPLIANCE ALLIANCES 18750 C 216206 RIGHT OF USE ASSET 725685 725685 SHORT TERM LEASE LIABILITY 184338 LONG TERM LEASE LIABILITY 583164 767502 X PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO ASSIST EMPLOYEES OF MEMBER BANKS IN AREAS IMPACTED BY NATURAL DISASTERS AND FOR SCHOLARSHIPS. PART X, LINE 2: MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. SILENT AUCTION 37347 22870 14477 14992 RAFFLE 6293 6293 2143 0 43640 29163 14477 2143 14992 17135 -2658 X X 0 0 0 SCOTT LATHAM PRESIDENT & CEO 350000 0 50000 0 148051 0 21000 0 19457 0 588508 0 0 0 JANICE COX SENIOR VICE-PRESIDENT 170500 0 30000 0 80645 0 10230 0 9648 0 301023 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND CEO REVIEW THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REGULARLY MONITORED AND ENFORCED THROUGH REGULAR COMMUNICATION BEFORE THE FULL BOARD OF DIRECTORS. THE BOARD CHAIRMAN AND KEY EMPLOYEES REVIEW AND DISCUSS ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT & CEO'S COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND EVIDENCED BY A WRITTEN CONTRACT. THE BOARD DETERMINES COMPENSATION USING INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ENTITIES FOR SIMILAR SERVICES INCLUDING COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS OR ACTUAL WRITTEN OFFERS FROM SIMILARLY SITUATED ORGANIZATIONS. THE DECISION MAKING PROCESS OF DETERMINING COMPENSATION IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES TO INCLUDE THE PROCESS FOR DETERMINING COMPENSATION, THE COMPENSATION DECISION, AND A LIST OF THE INDEPENDENT PERSONS INVOLVED IN THE PROCESS. NO OTHER OFFICERS OR KEY EMPLOYEES ARE COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, OR GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS OF ABA SERVICES -9,806. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED. BANKPAC 445 DEXTER AVENUE SUITE 10025 MONTGOMERY AL 36104 900040054 POLITICAL ACTION COMMITTEE AL 527 ALABAMA BANKERS ASSOCIATION INC 1 ALABAMA BANKERS ASSOCIATION INC PAC 445 DEXTER AVENUE SUITE 10025 MONTGOMERY AL 36104 POLITICAL ACTION COMMITTEE AL 527 ALABAMA BANKERS ASSOCIATION INC 1 ALABAMA BANKING SERVICES 445 DEXTER AVENUE SUITE 10025 MONTGOMERY AL 36104 631284433 PROVIDE ENDORSEMENT SERVICES AL ALABAMA BANKERS ASSOCIATION C 209040 223204 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0