Charles E. Christmas

2007

In 2007, Charles E. Christmas earned a total compensation of $300.2K as Senior Vice President, Chief Financial Officer and Treasurer of Mercantile, and Senior Vice President and Chief Financial Officer of the Bank at Mercantile Bank, a 13% increase compared to previous year.

Compensation breakdown

Bonus$5,500
Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,552
Option Awards$21,100
Salary$231,000
Stock Awards$20,800
Other$20,271
Total$300,223

Christmas received $231K in salary, accounting for 77% of the total pay in 2007.

Christmas also received $5.5K in bonus, $1.6K of change in pension value and nonqualified deferred compensation earnings, $21.1K in option awards, $20.8K in stock awards and $20.3K in other compensation.

Rankings

In 2007, Charles E. Christmas' compensation ranked 7,420th out of 8,700 executives tracked by ExecPay. In other words, Christmas earned more than 14.7% of executives.

ClassificationRankingPercentile
All
7,420
out of 8,700
15th
Division
Finance, Insurance, And Real Estate
1,482
out of 1,930
23rd
Major group
Depository Institutions
593
out of 931
36th
Industry group
Commercial Banks
515
out of 793
35th
Industry
State Commercial Banks
287
out of 466
38th
Source: SEC filing on March 19, 2008.

Christmas' colleagues

We found three more compensation records of executives who worked with Charles E. Christmas at Mercantile Bank in 2007.

2007

Gerald Johnson

Mercantile Bank

Chief Executive Officer

2007

Michael Price

Mercantile Bank

Chief Executive Officer

2007

Robert Kaminski

Mercantile Bank

Chief Operating Officer

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