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 11,106th out of 12,406 executives tracked by ExecPay. In other words, Wiersma earned more than 10.5% of executives.

ClassificationRankingPercentile
All
11,106
out of 12,406
11th
Division
Finance, Insurance, And Real Estate
1,977
out of 2,278
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

8

to 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.

2021

Robert Kaminski

Mercantile Bank

Chief Executive Officer

2021

Raymond Reitsma

Mercantile Bank

Chief Operating Officer

2021

Charles Christmas

Mercantile Bank

Chief Financial Officer

2021

Robert Worthington

Mercantile Bank

General Counsel

News

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