Southern California Bancorp \ CA CEO David Rainer's 2023 pay falls 27% to $1.4M
Southern California Bancorp \ CA reports 2023 executive compensation
By ExecPay News
Published: April 18, 2024
Southern California Bancorp \ CA reported fiscal year 2023 executive compensation information on April 18, 2024.
In 2023, three executives at Southern California Bancorp \ CA received on average a compensation package of $997K, a 12% decrease compared to previous year.
Average pay of disclosed executives at Southern California Bancorp \ CA
David I. Rainer, Chief Executive Officer, received $1.4M in total, which decreased by 27% compared to 2022. 44% of Rainer's compensation, or $599K, was in salary. Rainer also received $300K in bonus, $423K in stock awards, as well as $49K in other compensation.
Thomas G. Dolan, Chief Financial Officer, received a compensation package of $830K, which decreased by 8% compared to previous year. 48% of the compensation package, or $400K, was in salary.
Richard Hernandez, President of the Company and the Bank, earned $791K in 2023, a 25% decrease compared to previous year.
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Source: SEC filing on April 18, 2024.