Lcnb: Pay

Lcnb paid its 4 named executives $2.1M in total in FY2025 (Dec). CEO Eric J. Meilstrup was paid $892.9K of that.

Pay$100 in the stock at the end of FY20 → $122
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Eric J. MeilstrupChief Executive Officer, Director
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Robert C. Haines IIPresident
FY2025 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
Michael R. MillerExecutive Vice President and Trust Officer
FY2025 (Dec)Low confidence
FY2024 (Dec)Low confidence
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
Bradley A. RuppertExecutive Vice President and Chief Investment Officer
FY2024 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
3 years
Andrew WallaceExecutive Vice President and Chief Financial Officer
FY2025 (Dec)
1 year

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 9 peers with pay on file was $1.2M. The CEO of Lcnb was paid $892.9K, 26% below the median.

  1. 1Civista Bancshares
  2. 2Acnb
  3. 3CF Bankshares
  4. 4Fidelity D & D Bancorp
  5. 5Citizens Financial Services
  6. 6Choiceone Financial Services
  7. 7Peoples Financial Services
  8. 8Norwood Financial
  9. 9Lcnb
  10. 10Isabella Bank
  11. 11Citizens & NorthernNot disclosed
  12. 12Farmers & Merchants BancorpNot disclosed
  13. 13Farmers National Banc Corp.Not disclosed
  14. 14Finward BancorpNot disclosed
  15. 15First Savings Financial Group, Inc.Not disclosed
  16. 16Independent BankNot disclosed
  17. 17LINKBANCORP, Inc.Not disclosed
  18. 18Meridian CorporationNot disclosed
  19. 19Middlefield Banc Corp.Not disclosed
  20. 20Penn Woods Bancorp, Inc.Not disclosed
  21. 21SB Financial Group, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.