How III was paid
$2.6M 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 | Bonus | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| David R. Melville, IIIChairman, President, and Chief Executive Officer | $801,500 | — | $864,506 | $666,582 | $202,106 | $48,070 | $2,582,764 |
| Gregory RobertsonExecutive Vice President and Chief Financial Officer | $434,000 | — | $309,764 | $219,601 | $46,458 | $37,244 | $1,047,067 |
| Philip JordanExecutive Vice President and Chief Banking Officer | $432,500 | — | $309,764 | $200,514 | $53,400 | $42,592 | $1,038,770 |
| Keith MansfieldExecutive Vice President and Chief Operating Officer | $434,000 | — | $309,764 | $219,601 | $30,396 | $34,875 | $1,028,636 |
| Norman "Jerry" VascocuPresident of the Bank | $489,500 | $50,000 | $476,999 | $289,379 | $44,075 | $109,293 | $1,409,246 |
What changed and why
- $2.6MChief executive officer total compensation decreased to $2,582,764 in 2025 compared to $3,116,949 in 2024.
- 92%Advisory shareholder vote on executive compensation received over 92% support at the prior annual meeting.
- $208.1MTotal loans held for investment increased $208.1 million or 3.48% during the fiscal year 2025.
- 1.06%Core return on average assets was 1.06% and core return on common equity was 10.7% for 2025.
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.