How Eller was paid
$969,335 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 | Other | Total |
|---|---|---|---|---|---|
| Lars B. EllerPresident and Chief Executive Officer | $519,841 | $109,148 | $283,573 | $56,773 | $969,335 |
| Barbara J. BritenrikerExecutive Vice President | $294,356 | $61,346 | $127,162 | $37,916 | $520,780 |
| David R. GerkenExecutive Vice President | $260,096 | $54,150 | $112,362 | $21,328 | $447,936 |
| Eric D. FaustExecutive Vice President | $267,923 | $44,178 | $94,717 | $27,418 | $434,236 |
| Andrew S. BakerSenior Vice President | $259,680 | $43,253 | $162,890 | $21,413 | $487,236 |
What changed and why
- $969KCEO Lars B. Eller received total compensation of $969,335 in fiscal 2025, representing an increase from $910,158 in fiscal 2024.
- Cash-based incentive compensation was tied to return on average assets and earnings per share performance criteria.
- Stock awards under the Long-Term Stock Incentive Plan require a three-year cliff vesting period prior to issuance.
- 1.04%The bank achieved an adjusted return on average assets of 1.04% in fiscal 2025, exceeding the 0.95% target.
- The ratio of the CEO pay to the median employee annual total compensation was 16.38 to 1.00.
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.