Oconee Federal Financial Corp.

OTCPK:OFED Stock Report

Market Cap: US$88.0m

Oconee Federal Financial Management

Management criteria checks 2/4

Oconee Federal Financial's CEO is Curt Evatt, appointed in Jan 2014, has a tenure of 10.83 years. directly owns 2.12% of the company’s shares, worth $1.87M. The average tenure of the management team and the board of directors is 1 years and 19.8 years respectively.

Key information

Curt Evatt

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure10.8yrs
CEO ownership2.1%
Management average tenure1yrs
Board average tenure19.8yrs

Recent management updates

Recent updates

Oconee Federal Financial's (NASDAQ:OFED) Dividend Will Be $0.10

May 02
Oconee Federal Financial's (NASDAQ:OFED) Dividend Will Be $0.10

Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of $0.10

Nov 01
Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of $0.10

Oconee Federal Financial declares $0.10 dividend

Aug 09

Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of $0.10

Aug 02
Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of $0.10

Oconee Federal Financial's (NASDAQ:OFED) Dividend Will Be US$0.10

May 03
Oconee Federal Financial's (NASDAQ:OFED) Dividend Will Be US$0.10

Oconee Federal Financial (NASDAQ:OFED) Has Affirmed Its Dividend Of US$0.10

Feb 03
Oconee Federal Financial (NASDAQ:OFED) Has Affirmed Its Dividend Of US$0.10

Oconee Federal Financial (NASDAQ:OFED) Has Announced A Dividend Of US$0.10

Nov 04
Oconee Federal Financial (NASDAQ:OFED) Has Announced A Dividend Of US$0.10

Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of US$0.10

Jul 26
Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of US$0.10

Oconee Federal Financial goes ex-dividend tomorrow

May 04

Three Things You Should Check Before Buying Oconee Federal Financial Corp. (NASDAQ:OFED) For Its Dividend

Mar 12
Three Things You Should Check Before Buying Oconee Federal Financial Corp. (NASDAQ:OFED) For Its Dividend

Dividend Investors: Don't Be Too Quick To Buy Oconee Federal Financial Corp. (NASDAQ:OFED) For Its Upcoming Dividend

Feb 05
Dividend Investors: Don't Be Too Quick To Buy Oconee Federal Financial Corp. (NASDAQ:OFED) For Its Upcoming Dividend

The Oconee Federal Financial (NASDAQ:OFED) Share Price Has Gained 35% And Shareholders Are Hoping For More

Jan 13
The Oconee Federal Financial (NASDAQ:OFED) Share Price Has Gained 35% And Shareholders Are Hoping For More

How Does Oconee Federal Financial's (NASDAQ:OFED) CEO Salary Compare to Peers?

Dec 07
How Does Oconee Federal Financial's (NASDAQ:OFED) CEO Salary Compare to Peers?

Oconee Federal Financial goes ex-dividend tomorrow

Nov 03

CEO Compensation Analysis

How has Curt Evatt's remuneration changed compared to Oconee Federal Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

US$3m

Mar 31 2023n/an/a

US$4m

Dec 31 2022n/an/a

US$5m

Sep 30 2022n/an/a

US$5m

Jun 30 2022US$369kUS$282k

US$4m

Mar 31 2022n/an/a

US$4m

Dec 31 2021n/an/a

US$4m

Sep 30 2021n/an/a

US$4m

Jun 30 2021US$358kUS$271k

US$4m

Mar 31 2021n/an/a

US$4m

Dec 31 2020n/an/a

US$4m

Sep 30 2020n/an/a

US$4m

Jun 30 2020US$347kUS$260k

US$4m

Mar 31 2020n/an/a

US$4m

Dec 31 2019n/an/a

US$4m

Sep 30 2019n/an/a

US$4m

Jun 30 2019US$326kUS$245k

US$4m

Mar 31 2019n/an/a

US$4m

Dec 31 2018n/an/a

US$4m

Sep 30 2018n/an/a

US$3m

Jun 30 2018US$342kUS$230k

US$3m

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

Compensation vs Earnings: Curt's compensation has been consistent with company performance over the past year.


CEO

Curt Evatt (52 yo)

10.8yrs

Tenure

US$369,388

Compensation

Mr. Curtis T. Evatt, also known as Curt, has been the Chief Executive Officer of Oconee Federal Financial Corp. and Oconee Federal Savings and Loan Association since January 1, 2017. Mr. Evatt has been the...


Leadership Team

NamePositionTenureCompensationOwnership
Curtis Evatt
President10.8yrsUS$369.39k2.12%
$ 1.9m
John Hobbs
Executive VP & CFO7.6yrsUS$219.07kno data
David Stafford
Executive VP & COOno dataUS$232.56kno data
Charles Latiff
Executive VP & Chief Banking Officer9.5yrsUS$255.13kno data
Harry Mays
Secretary & Independent Directorno dataUS$36.54kno data
Lynn Payne
VP & HR Managerless than a yearno datano data
Scott Merriam
Senior VP & Commercial Loan Officer1.8yrsno datano data
Cynthia Swafford
Senior VP & Business Development Officer1.8yrsno datano data
Sheila Alexander
Senior VP & Deposit Services Manager of Seneca Main Annex Branchless than a yearno datano data
William Barker
Senior VP & Senior Credit Officer of Seneca Main Annex Branchless than a yearno datano data
Jane Pitts
Senior VP & Director of Special Projects of Toccoa Branchless than a yearno datano data
Timothy Pitts
Senior VP & Risk Management Officer of Seneca Main Annexless than a yearno datano data

1.0yrs

Average Tenure

52yo

Average Age

Experienced Management: OFED's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Curtis Evatt
President14.8yrsUS$369.39k2.12%
$ 1.9m
Harry Mays
Secretary & Independent Director15.8yrsUS$36.54kno data
Robert McLellan
Independent Chairman of the Board19.8yrsUS$43.16kno data
Cecil Sandifer
Independent Director39.8yrsUS$36.54kno data
W. Poore
Independent Director29.8yrsUS$36.54kno data

19.8yrs

Average Tenure

76yo

Average Age

Experienced Board: OFED's board of directors are seasoned and experienced ( 19.8 years average tenure).