How Adams was paid
$1.4M 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 | Options | Other | Total |
|---|---|---|---|---|---|---|
| Joseph C. AdamsChief Executive Officer | $590,000 | $368,750 | $152,050 | $285,182 | $46,593 | $1,442,575 |
| Matthew D. MulletPresident | $425,000 | $265,625 | $151,890 | $264,400 | $36,958 | $1,143,873 |
| Phillip D. WhittingtonChief Financial Officer | $148,513 | $84,375 | $80,280 | $52,880 | $11,409 | $377,457 |
| Donn C. CostaChief Home Lending Officer | $364,980 | $233,888 | — | — | $26,843 | $625,711 |
| Shana C. AllenChief Information Officer | $258,067 | $132,300 | $80,280 | $79,320 | $18,113 | $568,080 |
What changed and why
- $1.4MChief executive officer total compensation decreased to $1,442,575 for fiscal 2025 from $1,563,222 in the prior year.
- 93%Nearly 93% of the votes cast supported the say-on-pay proposal at the 2025 annual meeting.
- $590KChief executive officer base salary remained unchanged at $590,000 during fiscal 2025.
- Pearl Meyer served as the independent compensation consultant reporting directly to the Compensation Committee.
- Stock awards and option awards were granted under the equity incentive plans based on FASB ASC Topic 718.
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.