How Pace was paid
$758,952 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 | Incentive | Other | Total |
|---|---|---|---|---|
| Kevin PacePresident and Chief Executive Officer | $400,000 | $300,000 | $58,952 | $758,952 |
| Brian McCourtExecutive Vice President and Chief Financial Officer | $292,512 | $100,000 | $46,591 | $439,103 |
| Robert WalshExecutive Vice President and Chief Lending Officer | $220,000 | $50,000 | $36,705 | $306,705 |
What changed and why
- $759KChief executive officer total compensation increased to $758,952 from $677,786 driven by higher salary and incentive compensation.
- $300KKevin Pace earned a non-equity incentive plan compensation award of $300,000 for fiscal 2025 under the Executive Bonus Plan.
- $100KBrian McCourt received a non-equity incentive plan compensation award of $100,000 for fiscal 2025.
- $50,000Robert Walsh earned a non-equity incentive plan compensation award of $50,000 before retiring on March 31, 2026.
- Executive annual bonuses were determined using bank-wide performance goals including net income, return on assets, and efficiency ratio.
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.