First Bancorp of Indiana Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Mike Head

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	20.5yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	4.9yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Mike Head's remuneration changed compared to First Bancorp of Indiana's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$1m
Jun 30 2024	n/a	n/a	US$2m
Sep 30 2023	n/a	n/a	US$3m
Jun 30 2023	US$625k	US$279k	US$3m
Sep 30 2022	n/a	n/a	US$2m
Jun 30 2022	US$483k	US$276k	US$2m
Sep 30 2021	n/a	n/a	US$4m
Jun 30 2021	US$457k	US$256k	US$4m
Mar 31 2021	n/a	n/a	US$3m
Sep 30 2020	n/a	n/a	US$2m
Jun 30 2020	US$447k	US$256k	US$2m
Mar 31 2020	n/a	n/a	US$2m
Dec 31 2019	n/a	n/a	US$2m
Sep 30 2019	n/a	n/a	US$2m
Jun 30 2019	US$388k	US$256k	US$2m
Mar 31 2019	n/a	n/a	US$2m
Dec 31 2018	n/a	n/a	US$2m
Sep 30 2018	n/a	n/a	US$1m
Jun 30 2018	US$385k	US$255k	US$1m

Compensation vs Market: Insufficient data to establish whether Mike's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Mike Head (66 yo)

20.5yrs

Tenure

US$624,868

Compensation

Mr. Michael H. Head, also known as Mike, has been Chief Executive Officer and President of First Federal Savings Bank since July 2004. He began his career with the Bank in 1980 and has served in a variety...

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Head	President	25yrs	US$624.87k	no data
Gregory Haag	Director	18.3yrs	US$25.80k	no data
Kenan Schultheis	Vice Chairman	3.8yrs	US$28.70k	no data
Randall Schulz	Director	9.5yrs	US$28.10k	no data
Dharmesh Patel	Director	9.3yrs	US$25.65k	no data
Brian Taylor	Director	6yrs	US$24.80k	no data
Sharon Walker	Director	2.5yrs	US$23.90k	no data
Daniel Ziemer	Director	1.9yrs	US$10.93k	no data
Gina Hermann	Director	less than a year	no data	no data
Philip E. Rawley	Director	less than a year	no data	no data

4.9yrs

Average Tenure

66yo

Average Age

Experienced Board: FBPI's board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/10 21:36
End of Day Share Price	2025/01/07 00:00
Earnings	2024/09/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Bancorp of Indiana, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution