J. Chris Verenes
2018
In 2018, J. Chris Verenes earned a total compensation of $422.9K 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 | $69,141 |
|---|---|
| Salary | $315,000 |
| Other | $38,776 |
| Total | $422,917 |
Verenes received $315K in salary, accounting for 74% of the total pay in 2018.
Verenes also received $69.1K of change in pension value and nonqualified deferred compensation earnings and $38.8K in other compensation.
Rankings
In 2018, J. Chris Verenes' compensation ranked 12,379th out of 14,244 executives tracked by ExecPay. In other words, Verenes earned more than 13.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 12,379 out of 14,244 | 13th |
Division Finance, Insurance, And Real Estate | 2,457 out of 2,994 | 18th |
Major group Depository Institutions | 953 out of 1,316 | 28th |
Industry group Commercial Banks | 829 out of 1,072 | 23rd |
Industry State Commercial Banks | 525 out of 708 | 26th |
Source: SEC filing on March 25, 2019.
Verenes' colleagues
We found two more compensation records of executives who worked with J. Chris Verenes at Security Federal in 2018.