Fifth District Bancorp (FDSB) executive compensation, 2025 proxy

Brian W. North, President and Chief Executive Officer, was paid $542,402 in 2024, up 13% from $479,002 the year before.

Filed
August 8, 2025
Annual meeting
September 15, 2025
Pay year
2024
Named executives
3
CEO total pay
$542,402+13% vs prior year
Lyons total compensation
$345,4042024 total
Burns total compensation
$301,9692024 total
Lyons annual retirement benefit
$108,744Payable over 15 years
Burns annual retirement benefit
$94,000Payable over 15 years
401(k) profit sharing
10%Current employer contribution
Executive agreement term
2 yearsInitial employment agreement term

How North was paid

$542,402 in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary63%Non-equity incentive22%All other compensation15%

Named executive officers

ExecutiveTotal
Brian W. NorthPresident and Chief Executive Officer$542,402
Amie L. LyonsSenior Vice President of Administration and Operations$345,404
Melissa C. BurnsVice President and Chief Financial Officer$301,969

What changed and why

  • $542K$542,402 was Brian W. North’s total compensation in 2024, versus $479,002 in 2023.
  • $118K$118,125 was North’s non-equity incentive compensation in 2024.
  • $345K$345,404 was Amie L. Lyons’s total compensation in 2024, including $66,750 in non-equity incentives.
  • $302K$301,969 was Melissa C. Burns’s total compensation in 2024, including $82,095 in non-equity incentives.
  • No stock options were granted to named executive officers during 2024.
  • June 3, 2025: Lyons became Interim President and Chief Executive Officer after North’s death.

Other Fifth District Bancorp proxy statements

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.