How Chambas was paid
$1.2M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Corey A. ChambasChief Executive Officer | $533,000 | $312,837 | $355,617 | $34,715 | $1,236,169 | $1,236,169 |
| Brian D. SpielmannChief Financial Officer | $340,000 | $139,887 | $181,534 | $26,845 | $688,265 | $688,265 |
| David R. SeilerPresident & Chief Operating Officer | $500,000 | $234,628 | $300,280 | $48,284 | $1,083,192 | $1,083,192 |
| Bradley A. QuadeEVP & Chief Credit Officer | $341,550 | $120,322 | $159,601 | $46,013 | $667,486 | $667,486 |
| James E. HartliebPresident & CEO – First Business Bank | $315,000 | $110,985 | $147,195 | $47,308 | $620,487 | $620,487 |
What changed and why
- $1.2MCEO total compensation was $1,236,169 for fiscal 2025 compared to $1,229,082 for 2024.
- 50%Approximately 50 percent of the CEO compensation and 40 percent of other NEO compensation is variable and at risk.
- 134%The Annual Bonus Plan for fiscal 2025 paid out at 134 percent of target.
- 60%Executive equity grants are delivered in a mix of approximately 60 percent PRSUs and 40 percent RSUs.
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.