How Steffens was paid
$690,774 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 | Options | Other | Total |
|---|---|---|---|---|---|---|
| Greg A. SteffensChairman & Chief Executive Officer | $461,000 | $77,100 | $37,763 | $40,590 | $74,321 | $690,774 |
| Matthew T. FunkePresident & Chief Administrative Officer | $366,345 | $62,050 | $60,420 | $54,120 | $46,629 | $589,564 |
| Justin G. CoxExecutive Vice-President & Chief Banking Officer | $325,253 | $54,100 | $37,763 | $40,590 | $38,199 | $495,905 |
| Rick A. WindesExecutive Vice-President & Chief Lending Officer | $305,769 | $53,100 | $37,763 | $40,590 | $39,377 | $476,599 |
| Stefan ChkautovichExecutive Vice-President & Chief Financial Officer | $268,769 | $42,700 | $37,763 | $40,590 | $47,399 | $437,221 |
What changed and why
- $691K$690,774 CEO total compensation in 2025 increased from $653,667 in 2024.
- 2.9%2.9% to 11.3% base-salary increases reflected responsibilities, retention, market competitiveness, and business complexity.
- 25%Up to 25% of base salary was generally viewed as a potential bonus guideline.
- 50%50% of each fiscal year’s bonus was held for payment after the following fiscal year.
- Performance shares vest over five years based on annualized return on average assets over trailing 12-quarter periods.
- 2025 awards included incentive stock options and performance-based restricted stock for executive officers.
Other Southern Missouri Bancorp proxy statements
- 2026 proxy statement
Greg A. Steffens paid $756,303 (+9% on the year), pay ratio 17:1.
Filed Sep 21, 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.