How II was paid
$1.1M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| William P. Stafford, IIChief Executive Officer | $499,612 | $146,038 | $316,020 | $76,203 | $84,624 | $1,122,497 |
| Gary R. MillsPresident | $665,935 | $194,679 | $421,359 | $43,341 | $113,088 | $1,438,402 |
| David D. BrownChief Financial Officer | $349,919 | $88,896 | $221,426 | $21,194 | $52,536 | $733,971 |
| Jason R. BelcherChief Operating Officer | $349,919 | $88,896 | $221,426 | $3,128 | $47,456 | $710,825 |
| Sarah W. HarmonChief Administrative Officer, General Counsel, and Corporate Secretary | $349,919 | $88,896 | $221,426 | — | $43,221 | $703,462 |
What changed and why
- $1.1MChief Executive Officer total compensation increased to $1,122,497 for 2025.
- $48.79MNet income for the year was $48.79 million.
- Regular cash dividends increased for the sixteenth consecutive year.
- 97%Shareholders approved executive compensation with approximately 97% support in 2025.
- 1.52%Return on average assets reached a superior level of 1.52% 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.