How III was paid
$873,895 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 | Other | Total |
|---|---|---|---|---|
| Robert R. Chapman IIIPresident of Financial and CEO of the Bank | $400,555 | $165,000 | $308,340 | $873,895 |
| J. Todd ScruggsSecretary-Treasurer of Financial and EVP and CFO of the Bank | $321,518 | $75,000 | $118,548 | $515,066 |
| Michael A. SyrekPresident of the Bank | $313,296 | $140,000 | $109,432 | $562,728 |
What changed and why
- $874KCEO Robert R. Chapman III received total compensation of $873,895 in 2025.
- The company corrected its reporting methodology for Salary Continuation Plan expense accruals.
- The company did not grant any equity awards during 2025, 2024, or 2023.
- No Named Executive Officers held outstanding equity awards during the reported years.
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.