How Ramsey was paid
$562,269 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| F. Brad DenardoChairman - Company / Bank | $309,195 | — | — | $425,994 | $51,325 | $786,514 |
| Lara E. RamseyPresident & CEO - Company / Bank | $273,492 | $22,399 | $36,540 | $204,721 | $25,117 | $562,269 |
| Lora M. JonesExecutive Vice President / CFO & Treasurer | $223,958 | $19,456 | $29,000 | $53,128 | $18,878 | $344,420 |
| Paul M. MylumExecutive Vice President / Chief Lending Officer | $248,500 | $26,542 | $34,220 | $171,355 | $22,317 | $502,934 |
| David K. SkeensExecutive Vice President / Chief Risk Officer | $214,417 | $22,770 | $29,145 | $150,696 | $18,394 | $435,422 |
What changed and why
- Lara E. Ramsey became President and CEO in 2025 following F. Brad Denardo's retirement on June 30, 2025.
- 42.86%Lara E. Ramsey received a 42.86% base salary increase reflecting her promotion to CEO.
- 6.97%Other named executive officers received base salary increases ranging from 6.97% to 12.50%.
- Performance-based RSUs were introduced for named executive officers in February 2025.
- 30%The annual incentive plan resulted in a 30% payout opportunity for the CEO and 25% for other executives.
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.