2 results
DEF 14A
BHRB
Burke & Herbert Bank & Trust Company
29 May 24
Definitive proxy
4:42pm
At the beginning of 2023, the Compensation Committee met to establish the metrics and weighting that comprise the 2023 incentive compensation targets. Such metrics and weighting for the 2023 incentive compensation targets are shown below, as well as actual performance for 2023 (in thousands).
| Metric | Weighting | Target | Actual | |||||||||||||||||
| Net Interest Income | 25% | $ | 110,000 | $ | 93,759 | |||||||||||||||
| Non-interest Income | 10% | 18,000 | 17,952 | |||||||||||||||||
| Non-interest Expense | 25% | 85,500 | 86,436 | |||||||||||||||||
| Net Income | 40% | 33,000 | 22,692 | |||||||||||||||||
10-K/A
2023 FY
BHRB
Burke & Herbert Bank & Trust Company
12 Apr 24
Annual report (amended)
8:28am
At the beginning of 2023, the Compensation Committee met to establish the metrics and weighting that comprise the 2023 incentive compensation targets. Such metrics and weighting for the 2023 incentive compensation targets are shown below, as well as actual performance for 2023 (in thousands).
| Metric | Weighting | Target | Actual | |||||||||||||||||||||||||||||||||
| Net Interest Income | 25% | $ | 110,000 | $ | 93,759 | Non-interest Income | 10% | 18,000 | 17,952 | Non-interest Expense | 25% | 85,500 | 86,436 | Net Income | 40% | 33,000 | 22,692 | |||||||||||||||||||
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