Mercer Bancorp CEO Barry Parmiter's 2023 pay jumps 112% to $211K
Mercer Bancorp reports 2023 executive compensation
By ExecPay News
Published: January 17, 2024
Mercer Bancorp reported fiscal year 2023 executive compensation information on January 17, 2024.
In 2023, three executives at Mercer Bancorp received on average a compensation package of $157K, a 58% increase compared to previous year.
Average pay of disclosed executives at Mercer Bancorp
Barry Parmiter, Chief Executive Officer, received $211K in total, which increased by 112% compared to 2022. 90% of Parmiter's compensation, or $190K, was in salary. Parmiter also received $19K in bonus and $2.1K in other compensation.
Trever A. Bransteter, Senior Vice President of Mortgage Lending, received a compensation package of $159K. 52% of the compensation package, or $83K, was in salary.
Timothy L. Bigham, Senior Vice President of Operations, earned $102K in 2023.
Mercer Bancorp's fiscal year ends on September 30.
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Source: SEC filing on January 17, 2024.