Lonna L. Wiersma
2021
In 2021, Lonna L. Wiersma earned a total compensation of $413.1K as Senior Vice President and Human Resources Director of Mercantile and the Bank at Mercantile Bank, a 14% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $103,307 |
|---|---|
| Salary | $270,783 |
| Other | $39,023 |
| Total | $413,113 |
Wiersma received $270.8K in salary, accounting for 66% of the total pay in 2021.
Wiersma also received $103.3K in non-equity incentive plan and $39K in other compensation.
Rankings
In 2021, Lonna L. Wiersma's compensation ranked 11,114th out of 12,415 executives tracked by ExecPay. In other words, Wiersma earned more than 10.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11,114 out of 12,415 | 11th |
Division Finance, Insurance, And Real Estate | 1,976 out of 2,276 | 13th |
Major group Depository Institutions | 814 out of 1,000 | 19th |
Industry group Commercial Banks | 694 out of 800 | 13th |
Industry State Commercial Banks | 437 out of 512 | 15th |
Pay ratio
| Lonna L. Wiersma's Pay | $413,113 |
|---|---|
| Median Employee's Pay | $53,499 |
| Pay Ratio | 8to 1 |
In 2021, the annual total compensation of Lonna L. Wiersma was $413,113.
The annual total compensation of the median employee at Mercantile Bank was $53,499.
The ratio of Lonna L. Wiersma's pay to the pay of median employee was therefore 8 to one.
Source: SEC filing on April 7, 2022.
Wiersma's colleagues
We found four more compensation records of executives who worked with Lonna L. Wiersma at Mercantile Bank in 2021.