How Chatelain was paid
$1.1M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| R. Blake ChatelainPresident and Chief Executive Officer | $571,006 | $375,000 | $26,005 | $117,094 | $43,201 | $1,132,306 |
| Bryon C. SalazarSenior Executive Vice President -- Chief Banking Officer | $330,235 | $140,000 | $52,010 | $63,528 | $28,411 | $614,184 |
| Tammi R. SalazarSenior Executive Vice President -- Chief Operating Officer | $340,175 | $146,500 | $52,010 | $70,024 | $26,615 | $635,324 |
| Isabel V. CarriereSenior Executive Vice President Chief Financial Officer | $256,188 | $105,000 | $52,010 | $73,615 | $15,141 | $501,954 |
What changed and why
- $1.1MCEO total compensation decreased slightly to $1,132,306 for fiscal 2025.
- Mr. Chatelain requested a lower LTI award for 2025 to emphasize other NEO contributions.
- Restricted stock awards for NEOs vest over five years.
- $42.8MNet income increased to $42,764,000 for fiscal 2025.
- Shareholders approved a biennial frequency for advisory say-on-pay votes.
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.