How Newsom was paid
$2.3M in total for fiscal 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 | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Curtis C. GriffithChairman of the Board and CEO | $425,000 | $170,000 | $124,972 | $153,717 | $255,000 | — | $104,090 | $1,232,779 |
| Cory T. NewsomPresident – (PEO) | $720,000 | $180,000 | $249,983 | $260,398 | $540,000 | $178,939 | $144,279 | $2,273,599 |
| Steven B. CrockettCFO – (PFO) | $375,000 | $45,000 | $225,187 | — | $180,000 | $59,740 | $60,976 | $945,903 |
| Brent A. BatesBank CCO | $313,635 | $28,227 | $96,891 | — | $112,909 | $17,716 | $34,869 | $604,247 |
| Paul A. EhlersBank COO | $313,635 | $28,227 | $96,891 | — | $112,909 | $20,170 | $56,963 | $628,795 |
What changed and why
- $2.3MPresident and PEO Cory T. Newsom received total compensation of $2,273,599 for fiscal 2025.
- $720KCEO Cory T. Newsom received a base salary of $720,000 during the 2025 fiscal year.
- The pay ratio between our PEO and median employee was 49 to 1 for fiscal 2025.
- $46,287Median employee annual total compensation was $46,287 for the 2025 fiscal year.
- $540KAnnual incentive plan compensation for President and PEO Cory T. Newsom was $540,000.
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.