How Payne was paid
$802,645 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 | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| David L. PayneChairman, President & CEO | $371,000 | — | — | $400,000 | — | $31,645 | $802,645 |
| John "Robert" A. ThorsonSVP & Treasurer | $87,101 | $127,403 | $208,269 | — | $18,491 | $16,795 | $458,059 |
| Russell W. RizzardiSVP & Chief Credit Administrator | $126,735 | $103,676 | $170,229 | $66,000 | — | $13,230 | $479,870 |
| Brian DonohoeSVP & Chief Information Officer | $130,008 | $110,897 | $181,641 | $86,400 | — | $38,243 | $547,189 |
| Robert BakerSVP & Banking Division Manager | $130,021 | $74,275 | $139,797 | $74,200 | $963 | $23,980 | $443,236 |
| Anela M. JonasSVP & Chief Financial Officer | $148,892 | $82,528 | $156,915 | $99,800 | $483 | $42,813 | $531,431 |
What changed and why
- $803KChief executive officer total compensation increased to $802,645 in fiscal year 2025.
- $400KNon-equity incentive plan compensation for the chief executive officer was $400,000 for the year.
- 11.2%Return on average equity for the company stood at 11.2% for fiscal year 2025.
- The pay ratio between the chief executive officer and median employee was 17.65 to 1.
- $116.2MCompany net income totaled $116,173,000 for the most recent fiscal year.
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.