How Pijor was paid
$1.8M 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 |
|---|---|---|---|---|---|
| David W. PijorChief Executive Officer | $877,500 | $500,000 | $208,800 | $165,946 | $1,752,246 |
| Patricia A. FerrickPresident | $526,500 | $225,000 | $156,600 | $127,643 | $1,035,743 |
| Michael G. NassySenior Executive Vice President & Chief Credit Officer | $366,332 | $92,400 | $107,800 | $31,931 | $598,463 |
What changed and why
- $1.8MDavid W. Pijor received total compensation of $1,752,246 for fiscal 2025, an increase from $1,491,661 in 2024.
- $500KCash bonuses of $500,000 were awarded to the chief executive officer based on discretionary performance.
- Restricted stock units granted in 2025 vest in four substantially equal annual installments.
- $125KSupplemental retirement plan vesting contributed $125,321 to the chief executive officer's all other compensation.
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.