How Zillges was paid
$573,274 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 | Other | Total |
|---|---|---|---|---|
| Nicholas W. ZillgesPresident and Chief Executive Officer | $346,500 | $173,250 | $53,524 | $573,274 |
| Joy Selting-BuchbergerSenior Vice President and Chief Financial Officer | $133,900 | $30,000 | $15,230 | $179,130 |
| Michelle KnopfExecutive Vice President and Chief Operating Officer | $150,000 | $15,000 | $23,920 | $188,920 |
What changed and why
- $573K$573,274 was the CEO’s 2025 total compensation, versus $371,628 in 2024.
- $173K$173,250 was the CEO’s 2025 bonus under the short-term bonus program.
- 50%50% of base salary was the CEO’s target bonus opportunity under the employment agreement.
- $53,524$53,524 was the CEO’s other compensation, including $24,000 for automobile expenses.
- Corporate objectives included the stock offering, asset quality, net income growth and loan-portfolio risk reduction.
- No stock or option awards were reported for any named executive in the 2025 Summary Compensation Table.
Other Marathon Bancorp proxy statements
- 2026 proxy statement
Nicholas W. Zillges paid $999,312 (+74% on the year).
Filed Oct 13, 2026
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.