How Rainer was paid
$2.8M 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 |
|---|---|---|---|---|---|
| David I. RainerChairman of the Board and Chief Executive Officer of the Company and Bank | $660,779 | $1,728,020 | $391,254 | $50,315 | $2,830,368 |
| Steven E. SheltonFormer Director, Chief Executive Officer of the Company and Bank | $584,583 | — | $361,614 | $1,427,912 | $2,374,109 |
| Thomas G. DolanExecutive Vice President Chief Financial Officer of the Company, and Chief Strategy Officer of the Bank | $450,779 | $652,526 | $216,948 | $38,247 | $1,358,500 |
| Richard HernandezPresident of the Company and the Bank | $422,029 | $276,259 | $204,896 | $54,115 | $957,299 |
What changed and why
- $2.8MDavid I. Rainer received a total compensation of $2,830,368 for fiscal 2025.
- Steven E. Shelton retired as Chief Executive Officer effective December 31, 2025.
- $750KDavid I. Rainer's base salary will increase to $750,000 under a new 2026 agreement.
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.