How Nixon 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Dennis E. NixonChairman of the Board; President and Director of the Company; and CEO and Director of IBC | $670,000 | — | $1,500,000 | $334,119 | $2,504,119 |
| Dalia F. MartinezVice President of the Company; and Executive Vice President of IBC | $225,946 | $105,573 | — | $22,013 | $353,532 |
| Judith I. WawroskiChief Financial Officer of the Company; and Executive Vice President of IBC | $218,498 | $94,714 | — | $29,771 | $342,983 |
What changed and why
- $2.5MDennis E. Nixon received a total compensation of $2,504,119 for fiscal year 2025, representing an increase from the prior year.
- $1.5MNon-equity incentive plan compensation remained unchanged at $1,500,000 for the CEO based on performance targets.
- $334KAll other compensation for the CEO increased to $334,119, largely driven by director fees and airplane perquisites.
- The CEO to median employee pay ratio was estimated at 68.57 to 1.
- 0.90%Performance targets under the MIP required either a 0.90% return on average assets or an 8% return on average shareholders' equity.
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.