First Northern Community Bancorp CEO Jeremiah Smith's 2023 pay jumps 52% to $1M
First Northern Community Bancorp reports 2023 executive compensation
By ExecPay News
Published: April 11, 2024
First Northern Community Bancorp reported fiscal year 2023 executive compensation information on April 11, 2024.
In 2023, three executives at First Northern Community Bancorp received on average a compensation package of $718K, which is about the same as previous year.
Average pay of disclosed executives at First Northern Community Bancorp
Jeremiah Z. Smith, Chief Executive Officer, received $1M in total, which increased by 52% compared to 2022. 46% of Smith's compensation, or $475K, was in salary. Smith also received $198K in non-equity incentive plan, $136K in stock awards, as well as $227K in other compensation.
T. Joe Danelson, Executive Vice President, Chief Credit Officer of the Bank and Company, received a compensation package of $592K, which increased by 14% compared to previous year. 54% of the compensation package, or $320K, was in salary.
Kevin Spink, Chief Financial Officer, earned $525K in 2023, a 14% increase compared to previous year.
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Source: SEC filing on April 11, 2024.