How Lorenson was paid
$1.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Katie A. LorensonPresident and Chief Executive Officer | $625,000 | $437,500 | $484,688 | $82,992 | $1,630,180 |
| Alan A. VillalonExecutive Vice President and Chief Financial Officer | $360,000 | $162,000 | $203,040 | $43,648 | $768,688 |
| Jim R. CollinsExecutive Vice President and Chief Banking and Revenue Officer | $465,000 | $186,000 | $262,260 | $54,137 | $967,397 |
| Karin M. TaylorExecutive Vice President and Chief Operating Officer | $405,000 | $162,000 | $228,420 | $53,367 | $848,787 |
| Forrest R. WilsonExecutive Vice President and Chief Retirement Services Officer | $390,000 | $156,000 | $219,960 | $50,237 | $816,197 |
What changed and why
- $1.6MPresident and CEO Katie A. Lorenson received total compensation of $1,630,180 in 2025, representing an increase from $1,339,540 in 2024.
- 60%Stock awards granted in 2025 are subject to a three-year vesting schedule based 60% on performance and 40% on time.
- 90.75%At the prior annual meeting, stockholders approved the say-on-pay proposal with 90.75% support.
- $78,830The ratio of the CEO to median employee annual total compensation was 21 to 1 based on a median employee pay of $78,830.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.