Mercer Bancorp Management
Management criteria checks 3/4
Mercer Bancorp's CEO is Alvin Parmiter, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is $211.15K, comprised of 89.9% salary and 10.1% bonuses, including company stock and options. directly owns 1.71% of the company’s shares, worth $241.68K. The average tenure of the management team and the board of directors is 2.4 years and 6.9 years respectively.
Key information
Alvin Parmiter
Chief executive officer
US$211.2k
Total compensation
| CEO salary percentage | 89.9% |
| CEO tenure | 2.9yrs |
| CEO ownership | 1.7% |
| Management average tenure | 2.4yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$287k |
| Mar 31 2024 | n/a | n/a | US$430k |
| Dec 31 2023 | n/a | n/a | US$631k |
| Sep 30 2023 | US$211k | US$190k | US$770k |
| Jun 30 2023 | n/a | n/a | US$1m |
| Dec 31 2022 | n/a | n/a | US$1m |
| Sep 30 2022 | US$99k | US$99k | US$944k |
Compensation vs Market: Alvin's total compensation ($USD211.15K) is below average for companies of similar size in the US market ($USD649.25K).
Compensation vs Earnings: Alvin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Alvin Parmiter (54 yo)
2.9yrs
Tenure
US$211,150
Compensation
Mr. Alvin Barry Parmiter has been Director, President and Chief Executive Officer of Mercer Savings Bank (formerly known as Mercer County Savings and Loan Association) and Mercer Bancorp, Inc. since Februa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | US$211.15k | 1.71% $ 241.7k | |
| Senior Vice President of Mortgage Lending | 1.8yrs | US$217.47k | 0.20% $ 27.6k | |
| Principal Financial Officer & Accounting officer and Controller | less than a year | no data | no data | |
| Senior Vice President of Operations | 3.9yrs | no data | 0.078% $ 11.0k | |
| Senior Vice President of Indirect Lending | 2.4yrs | no data | 0.049% $ 6.9k |
2.4yrs
Average Tenure
56yo
Average Age
Experienced Management: MSBB's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | US$211.15k | 1.71% $ 241.7k | |
| Independent Chairman of the Board of Directors | 10.9yrs | US$20.30k | 1.47% $ 207.4k | |
| Independent Vice Chair of the Board of Directors | 11.9yrs | US$15.80k | 0.42% $ 59.6k | |
| Independent Director | 6.9yrs | US$18.20k | 0.83% $ 117.4k | |
| Independent Director | 2.7yrs | US$18.20k | 1.47% $ 207.2k |
6.9yrs
Average Tenure
54yo
Average Age
Experienced Board: MSBB's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:40 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/09/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Mercer Bancorp, 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 |
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