TC Bancshares President, Senior Lending Officer Gregory Eiford's 2021 pay jumps 23% to $354K
TC Bancshares reports 2021 executive compensation
By ExecPay News
Published: August 5, 2022
TC Bancshares reported fiscal year 2021 executive compensation information on August 5, 2022.
In 2021, four executives at TC Bancshares received on average a compensation package of $262K, a 2% decrease compared to previous year.
Average pay of disclosed executives at TC Bancshares
Gregory H. Eiford, President, Senior Lending Officer, received $354K in total, which increased by 23% compared to 2020. 70% of Eiford's compensation, or $249K, was in salary. Eiford also received $63K in bonus and $42K in other compensation.
Linda K. Palmer, Chief Financial Officer, received a compensation package of $245K. 72% of the compensation package, or $176K, was in salary.
Noel A. Ellis, Former Executive Vice President, Chief Credit Officer, earned $225K in 2021, a 9% decrease compared to previous year.
Nathan L. Higdon, Executive Vice President and Senior Lender, received $224K in 2021.
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Source: SEC filing on August 5, 2022.