How DeFazio was paid
$4.8M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Mark R. DeFazioPresident and CEO | $1,000,000 | $2,549,972 | $1,200,000 | $34,713 | $4,784,685 |
| Scott LublinEVP and Chief Lending Officer | $531,434 | $1,383,201 | $162,752 | $19,252 | $2,096,639 |
| Daniel DoughertyEVP and Chief Financial Officer | $500,000 | $356,236 | $164,062 | $18,298 | $1,038,596 |
| Laura CapraEVP and Head of Retail Banking | $427,867 | $317,023 | $139,057 | $18,116 | $902,063 |
| Nick RosenbergEVP and Head of Global Payments | $450,935 | $325,193 | $126,826 | $16,463 | $919,417 |
What changed and why
- $4.8MCEO total compensation decreased to $4,784,685 in 2025 from $5,633,992 in 2024.
- $71.1MNet income reached $71.1 million, representing a 6.6% year-over-year increase.
- 11.6%Diluted EPS increased 11.6% to $6.62 compared to the prior year.
- $6.8BTotal loans grew approximately 13% to $6.8 billion while total deposits increased 23.3% to $7.4 billion.
- Stockholder outreach resulted in program modifications including extended performance periods for PRSUs starting in 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.