In 2017, Edward P. Loomis, Jr. earned $296.68K in total compensation at Colony Bankcorp, including $269.23K salary and $27.45K bonus. Most recently acquired 750 shares in Jul 2024. Currently holds stock worth $877.87K. Led Colony Bankcorp as CEO for 5 years.
Compensation History
Annual executive compensation data for Edward P. Loomis, Jr., including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$296.68K
Salary
$269.23K
Bonus
$27.45K
Other
$0.00
Salary
$269.23KBoard Justification
The Company aims to attract and retain superior employees for key positions through competitive compensation packages that include base salary, profit sharing contributions, and reasonable perquisites.
Bonus
$27.45KBoard Justification
The bonus is comprised of 401(k) contributions allocated by the Company to each of the named executive officers pursuant to Colony Bankcorp, Inc. 401(k) Plan.
Other Compensation
$0.00Board Justification
No additional compensation was mentioned in the provided section for 2017.
Restricted Stock
Board Justification
No stock was vested in 2017 as no stock grants were mentioned in the provided section.
Performance Metrics
The performance metrics for determining compensation are based on the Company's financial performance, including net income available to common shareholders.
Edward P. Loomis, Jr.
Ex-CEO of Colony Bankcorp
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1954 - 71 years ago
CEO of Colony Bankcorp for
5 years 3 months (May 2012 - Aug 2017)
Previous Experience
Served as the interim president and chief executive officer of Rivoli Bank & Trust and chief operating officer of Atlantic Southern Bank.
Holdings
Track Edward P. Loomis, Jr.'s stock holdings and portfolio value over time.
Insider Trading
Edward P. Loomis, Jr.'s recent stock transactions, purchases, and sales filed with the SEC.
750 shares
CBAN
Jul 1, 2024
Received
600 shares
CBAN
Aug 29, 2023
Received
900 shares
CBAN
Jul 1, 2022
Received
$82.50K
CBAN at $16.50/share
Feb 8, 2022
Purchase
3,000 shares
CBAN
Jul 1, 2021
Received
$150.00K
CBAN at $6.00/share
Nov 30, 2012
Purchase
$150.00K
CBAN at $6.00/share
Oct 23, 2013
Purchase
$51.80
CBAN at $3.70/share
Nov 30, 2012
Purchase
$1.95K
CBAN at $3.70/share
Nov 30, 2012
Purchase
$5.92K
CBAN at $3.70/share
Nov 15, 2012
Purchase
Rivals
Compare Edward P. Loomis, Jr. with competitor CEOs and industry peers.
Mark K. Hardwick
CEO of First Merchants Corporation
2023 Compensation
Stock
$611.04K
Salary
$728.00K
Bonus
$369.81K
Other
$78.87K
Total Holdings
$128.45K
Patrick S. Barrett
CEO of OceanFirst Financial
2023 Compensation
Stock
$0.00
Salary
$450.00K
Bonus
$285.12K
Other
$65.33K
Total Holdings
$29.82K
Anthony Labozzetta
CEO of Provident Financial Services
2023 Compensation
Stock
$61.82K
Salary
$818.27K
Bonus
$309.38K
Other
$121.55K
Total Holdings
$20.11K