Mercer Bancorp CEO Barry Parmiter's 2024 pay rises 15% to $242K
Mercer Bancorp reports 2024 executive compensation
By ExecPay News
Published: 2 hours ago
Mercer Bancorp reported fiscal year 2024 executive compensation information on January 22, 2025.
In 2024, three executives at Mercer Bancorp received on average a compensation package of $183K, a 16% increase compared to previous year.
Average pay of disclosed executives at Mercer Bancorp
Barry Parmiter, Chief Executive Officer, received $242K in total, which increased by 15% compared to 2023. 81% of Parmiter's compensation, or $195K, was in salary. Parmiter also received $29K in bonus and $18K in other compensation.
Trever A. Bransteter, Senior Vice President of Mortgage Lending, received a compensation package of $208K, which increased by 31% compared to previous year. 52% of the compensation package, or $107K, was in non-equity incentive plan.
Timothy L. Bigham, Senior Vice President of Operations, earned $98K in 2024, a 4% decrease compared to previous year.
Mercer Bancorp's fiscal year ends on September 30.
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Source: SEC filing on January 22, 2025.