How Campanelli was paid
$8.1M 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 | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Joseph CampanelliChairman, President and Chief Executive Officer | $1,022,580 | — | $1,862,662 | $4,500,000 | $411,946 | $301,667 | $8,098,855 |
| Christine RobertsSenior Executive Vice President and Chief Operating Officer | $425,000 | $771,904 | $1,000,000 | — | — | $13,077 | $2,209,981 |
| JP LapointeSenior Executive Vice President and Chief Financial Officer | $385,000 | $490,903 | $1,500,000 | $23,031 | — | $58,651 | $2,457,585 |
What changed and why
- $8.1MJoseph Campanelli received total compensation of $8,098,855 in 2025, compared to $2,779,579 in 2024.
- $66.7MThe bank achieved operating net income of $66.7 million for the 2025 fiscal year.
- 9.8%Gross loans grew by 9.8% and core deposits grew by 11.3% excluding the Provident Acquisition.
- Christine Roberts was appointed Executive Vice President and Chief Operating Officer effective January 6, 2025.
- The Provident Acquisition added 7 branches and expanded the bank's physical presence during 2025.
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.