How Jr. was paid
$2.2M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Dennis J. Zember, Jr.President and Chief Executive Officer | $748,590 | $912,600 | $435,578 | $88,311 | $2,185,079 |
| Matthew A. SwitzerExecutive Vice President and Chief Financial Officer | $373,231 | $202,800 | $112,329 | $29,265 | $717,625 |
| Rickey A. FulkExecutive Vice President and President of Primis Bank | $336,813 | $236,600 | $117,588 | $26,294 | $717,295 |
| Marie T. LeibsonExecutive Vice President and Chief Credit Officer | $326,458 | $202,800 | $98,252 | $20,696 | $648,206 |
| Ann-Stanton C. GoreExecutive Vice President and Chief Marketing Officer | $285,166 | $202,800 | $109,620 | $13,290 | $610,877 |
What changed and why
- $2.2MDennis J. Zember, Jr. total compensation increased to $2,185,079 in 2025 due to stock and incentive awards.
- 4.0%Base salaries for named executive officers increased by 4.0% effective March 1, 2025.
- Stock awards were granted under the 2017 Plan and 2025 Plan in 2025.
- Non-equity incentive compensation was tied to financial goals including net income, deposit growth, and loan growth.
- 96%Approximately 96% of votes supported the advisory say-on-pay vote at the 2025 annual meeting.
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.