J. Chris Verenes
2015
In 2015, J. Chris Verenes earned a total compensation of $320.4K as Chief Executive Officer and Director of Security Federal; Chairman and Chief Executive Officer of the Bank at Security Federal, a 1% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $37,284 |
|---|---|
| Salary | $250,000 |
| Other | $33,153 |
| Total | $320,447 |
Verenes received $250K in salary, accounting for 78% of the total pay in 2015.
Verenes also received $37.3K of change in pension value and nonqualified deferred compensation earnings and $33.2K in other compensation.
Rankings
In 2015, J. Chris Verenes' compensation ranked 12,162nd out of 13,638 executives tracked by ExecPay. In other words, Verenes earned more than 10.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,162 out of 13,638 | 11th |
Division Finance, Insurance, And Real Estate | 2,500 out of 2,966 | 16th |
Major group Depository Institutions | 981 out of 1,316 | 26th |
Industry group Commercial Banks | 829 out of 1,038 | 20th |
Industry State Commercial Banks | 530 out of 683 | 22nd |
Source: SEC filing on March 21, 2016.
Verenes' colleagues
We found two more compensation records of executives who worked with J. Chris Verenes at Security Federal in 2015.