Raymond E. Reitsma
2017
In 2017, Raymond E. Reitsma earned a total compensation of $614.1K as President of the Bank at Mercantile Bank.
Compensation breakdown
| Non-Equity Incentive Plan | $89,107 |
|---|---|
| Salary | $330,025 |
| Stock Awards | $148,440 |
| Other | $46,555 |
| Total | $614,127 |
Reitsma received $330K in salary, accounting for 54% of the total pay in 2017.
Reitsma also received $89.1K in non-equity incentive plan, $148.4K in stock awards and $46.6K in other compensation.
Rankings
In 2017, Raymond E. Reitsma's compensation ranked 11,100th out of 14,666 executives tracked by ExecPay. In other words, Reitsma earned more than 24.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11,100 out of 14,666 | 24th |
Division Finance, Insurance, And Real Estate | 2,176 out of 3,159 | 31st |
Major group Depository Institutions | 724 out of 1,402 | 48th |
Industry group Commercial Banks | 626 out of 1,112 | 44th |
Industry State Commercial Banks | 358 out of 736 | 51st |
Source: SEC filing on April 9, 2018.
Reitsma's colleagues
We found four more compensation records of executives who worked with Raymond E. Reitsma at Mercantile Bank in 2017.