How Smith was paid
$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 | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Richard SmithPresident - Chief Executive Officer | $1,029,835 | $758,458 | $1,065,000 | $69,527 | $58,428 | $2,981,248 |
| Peter WieseExecutive Vice President - Chief Financial Officer | $537,546 | $330,807 | $455,000 | — | $36,998 | $1,360,351 |
| John FleshoodFormer Executive Vice President - Chief Operating Officer | $489,160 | $155,335 | — | — | $18,575 | $663,070 |
| Craig CarneyExecutive Vice President - Chief Credit Officer | $451,683 | $240,880 | $355,000 | $30,751 | $45,024 | $1,123,338 |
| Dan BaileyExecutive Vice President - Chief Banking Officer | $473,158 | $252,317 | $400,000 | $266,450 | $38,315 | $1,430,240 |
| Greg GehlmannSenior Vice President - General Counsel | $369,929 | $151,774 | $200,000 | $923 | $26,564 | $749,190 |
What changed and why
- $3MCEO total compensation increased to $2,981,248 in 2025 compared to $2,896,621 in 2024.
- $121.6MNet income grew to $121.6 million for 2025 compared to $114.9 million during 2024.
- $1.38Cash dividends increased to $1.38 per share in 2025 from $1.32 per share in 2024.
- 95%Over 95% of votes cast supported the say-on-pay proposal in 2025.
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.