Mercer Bancorp Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Alvin Parmiter
Chief executive officer
US$211.2k
Total compensation
| CEO salary percentage | 89.9% |
| CEO tenure | 2.3yrs |
| CEO ownership | 1.7% |
| Management average tenure | no data |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD661.60K).
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 (53 yo)
2.3yrs
Tenure
US$211,150
Compensation
Mr. Alvin Barry Parmiter has been Director, President and Chief Executive Officer of Mercer Savings Bank and Mercer Bancorp, Inc. since February 2022. Previously, he served as the President and Chief Execu...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$211.15k | 1.71% $ 232.2k | |
| Independent Chairman of the Board of Directors | 10.3yrs | US$20.30k | 1.47% $ 199.3k | |
| Independent Vice Chair of the Board of Directors | 11.3yrs | US$15.80k | 0.42% $ 57.3k | |
| Independent Director | 6.3yrs | US$18.20k | 0.83% $ 112.8k | |
| Independent Director | 2.1yrs | US$18.20k | 1.47% $ 199.1k |
6.3yrs
Average Tenure
53yo
Average Age
Experienced Board: MSBB's board of directors are considered experienced (6.3 years average tenure).