How Noone was paid
$2.5M 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 | Other | Total |
|---|---|---|---|---|---|
| Kent LandvatterExecutive Chairman of the Company and the Bank | $589,084 | $620,881 | $909,901 | $46,686 | $2,166,551 |
| James F. NoonePresident and Chief Executive Officer of the Company and the Bank | $513,966 | $620,881 | $1,297,694 | $38,354 | $2,470,895 |
| Robert WahlmanExecutive Vice President, Chief Financial Officer of the Company and the Bank | $409,797 | $365,000 | $381,804 | $28,222 | $1,184,823 |
What changed and why
- $2.5MCEO total compensation increased to $2,470,895 in 2025 due to higher stock awards and cash bonuses.
- Cash bonuses are determined based on the achievement of specified levels of pre-tax net income.
- Future executive equity awards vest only if the Bank return on average assets exceeds the FDIC industry median.
- Hunt Financial Group served as the independent compensation consultant advising the Compensation Committee.
- 100%Named executive officers receive 100% health and dental insurance cost coverage by the Bank.
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.