How Martinek was paid
$1.3M 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 | Incentive | Other | Total |
|---|---|---|---|---|
| Kenneth A. MartinekChairman and Chief Executive Officer | $670,000 | $463,213 | $126,466 | $1,259,679 |
| Jose M. CollazoPresident and Chief Operating Officer | $556,000 | $384,398 | $104,425 | $1,044,823 |
| Donald S. HomExecutive Vice President and Chief Financial Officer | $360,000 | $177,779 | $66,553 | $604,332 |
What changed and why
- $1.3MKenneth A. Martinek received total compensation of $1,259,679 in fiscal 2025, an increase from $1,145,500 in fiscal 2024.
- Base salaries for named executive officers increased for the 2025 fiscal year compared to the prior year.
- 197.53%Non-equity incentive payouts for 2025 were achieved at 197.53% of target opportunities due to strong financial performance.
- No equity awards were granted to the named executive officers during the 2025 fiscal year.
- Performance metrics under the annual incentive plan included return on average assets, pre-tax pre-provision net income, and efficiency ratio.
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.