0-20050 | 36-3210283 | |
(Commission File Number) | (IRS Employer Identification No.) |
606 South Main Street Princeton, Illinois |
61356 | |
(Address of Principal Mr. Ogaard Offices) | (Zip Code) |
Fees Earned or | ||||||||||||
Paid in | Option | |||||||||||
Cash | Awards | Total | ||||||||||
Name | ($) | ($)1 | ($) | |||||||||
(a) | (b) | (c) | (d) | |||||||||
Daryl Becker |
$ | 24,150 | $ | 4,220 | $ | 28,370.00 | ||||||
Gary C. Bruce |
$ | 21,000 | $ | 4,220 | $ | 25,220.00 | ||||||
Sharon L. Covert |
$ | 20,600 | $ | 4,220 | $ | 24,820.00 | ||||||
John R. Ernat |
$ | 5,250 | $ | 4,220 | $ | 9,470.00 | ||||||
Donald E. Grubb |
$ | 21,900 | $ | 4,220 | $ | 26,120.00 | ||||||
Mark Janko |
$ | 5,250 | $ | 4,220 | $ | 9,470.00 | ||||||
Willard Lee |
$ | 5,250 | $ | 4,220 | $ | 9,470.00 | ||||||
Gretta E. Bieber |
$ | 19,900 | $ | 4,220 | $ | 24,120.00 | ||||||
Ervin I. Pietsch |
$ | 20,100 | $ | 4,220 | $ | 24,320.00 | ||||||
Stephen W. Samet |
$ | 24,100 | $ | 4,220 | $ | 28,320.00 | ||||||
Craig O. Wesner |
$ | 27,900 | $ | 4,220 | $ | 32,120.00 |
1 | Represents the grant date fair value of 2009 option awards. |
Stock | Option | Non-Equity | All Other | |||||||||||||||||||||||||||||
Salary | Bonus | Awards | Awards | Incentive Plan | Compensation | |||||||||||||||||||||||||||
Name and Principal Position | Year | ($)1 | ($)2 | ($)3 | ($)4 | Compensation | ($)5 | Total ($) | ||||||||||||||||||||||||
(a) | (b) | (c) | (d) | (e) | (f) | (g) | (h) | (i) | ||||||||||||||||||||||||
Tony J. Sorcic |
2009 | $ | 368,407 | $ | 0 | | $ | 0 | | $ | 12,915 | $ | 381,322 | |||||||||||||||||||
President and Chief |
2008 | $ | 319,455 | $ | 109,731 | | $ | 29,200 | | $ | 18,076 | $ | 476,462 | |||||||||||||||||||
Executive Officer |
2007 | $ | 304,233 | $ | 74,559 | | $ | 27,000 | | $ | 17,020 | $ | 422,812 | |||||||||||||||||||
James B. Miller |
2009 | $ | 198,610 | $ | 0 | $ | 4,970 | $ | 0 | | $ | 12,355 | $ | 215,935 | ||||||||||||||||||
Executive Vice |
2008 | $ | 173,239 | $ | 62,710 | | $ | 4,380 | | $ | 14,678 | $ | 255,007 | |||||||||||||||||||
President |
2007 | $ | 160,900 | $ | 35,130 | | $ | 4,050 | | $ | 12,638 | $ | 212,718 | |||||||||||||||||||
Todd D. Fanning |
2009 | $ | 171,037 | $ | 0 | $ | 4,970 | $ | 0 | | $ | 9,507 | $ | 185,514 | ||||||||||||||||||
Senior Vice President |
2008 | $ | 137,825 | $ | 49,613 | | $ | 2,920 | | $ | 11,703 | $ | 202,061 | |||||||||||||||||||
& CFO/Treasurer |
2007 | $ | 132,595 | $ | 34,784 | | $ | 2,700 | | $ | 10,154 | $ | 180,233 | |||||||||||||||||||
Patrick B. Murray |
2009 | $ | 165,323 | $ | 0 | $ | 4,970 | $ | 0 | | $ | 9,219 | $ | 179,512 | ||||||||||||||||||
Senior Vice President |
2008 | $ | 142,494 | $ | 41,340 | | $ | 2,920 | | $ | 11,822 | $ | 198,576 | |||||||||||||||||||
Citizens Financial Advisors |
2007 | $ | 144,212 | $ | 32,461 | | $ | 2,700 | | $ | 11,083 | $ | 190,456 | |||||||||||||||||||
Jacqualyn L. Karlosky |
2009 | $ | 124,920 | $ | 0 | $ | 4,970 | $ | 0 | | $ | 7,719 | $ | 137,609 | ||||||||||||||||||
Senior Vice President |
2008 | $ | 99,388 | $ | 26,986 | | $ | 2,920 | | $ | 10,021 | $ | 139,315 | |||||||||||||||||||
Consumer Banking |
2007 | $ | 93,901 | $ | 21,735 | | $ | 2,700 | | $ | 8,133 | $ | 126,469 |
1 | $25,000 of deferred compensation is included in the salary amount in column c which is also shown in column b of the Non-Qualified Deferred Compensation table and does not represent additional compensation. | |
2 | The Executive Officer may earn a performance incentive based on key results achieved during the year (see page 8). In compliance with the U.S. Treasury TARP Capital Purchase Program there were no incentives received in 2009. | |
3 | Represents the grant date fair value on the date of grant. Please refer to note 15 to our Financial Statements for additional information on our Stock Compensation Plans. | |
4 | Represents the grant date fair value of 2008 and 2007 awards. In compliance with the U.S. Treasury TARP Capital Purchase Program there were no options granted in 2009. Please refer to note 15 to our Financial Statements for additional information on our Stock Compensation Plans. | |
5 | The compensation reported represents Company matching contributions to the Company 401(k) Plan and Company contributions to the Profit Sharing Plan. |
PRINCETON NATIONAL BANCORP, INC. (Registrant) |
||||
By: | /s/ Todd D. Fanning | |||
Todd D. Fanning, Executive Vice President and Chief Operating Officer |
||||