XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE
As required by Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, the Company is providing the following information for “Compensation Actually Paid,” as calculated per SEC disclosure rules, and the Company’s financial performance against specific performance metrics for each of the last five completed calendar years. The table below summarizes “Compensation Actually Paid” to Mr. Wehmer, the Company’s former Principal Executive Officer (“PEO”), “Compensation Actually Paid” to Mr. Crane, the Company’s current PEO, and the average “Compensation Actually Paid” to our NEOs other than Mr. Wehmer and Mr. Crane. In determining the “Compensation Actually Paid,” we are required to make various adjustments to amounts that have been reported in the Summary Compensation Table in previous years as the valuations methods for this section differ from those required in the Summary Compensation Table, primarily as it relates to equity valuations. Under the Summary Compensation Table rules, equity awards are reflected as compensation in the year of grant based on the full grant date fair value, whereas equity awards are reported as “Compensation Actually Paid” during the vesting period and are impacted by changes in the Company’s stock price through the vesting date. Similar to the Summary Compensation Table, “Compensation Actually Paid” includes the value of equity awards as compensation prior to vesting and, thus, such compensation may never be realized by the NEOs if the underlying vesting conditions are not satisfied.
​ ​
Year(1)
​ ​ ​
Summary
Compensation
Table Total
PEO —
Mr. Crane(2)
($)
​ ​ ​
Compensation
Actually Paid
to PEO —
Mr. Crane(3)
($)
​ ​ ​
Summary
Compensation
Table Total
PEO —
Mr. Wehmer(2)
($)
​ ​ ​
Compensation
Actually Paid
to PEO —
Mr. Wehmer(3)
($)
​ ​ ​
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs(2)
($)
​ ​ ​
Average
Compensation
Actually Paid
to Non-PEO
NEOs(3)
($)
​ ​ ​
Value of Initial
Fixed $100
Investment Based
On(4):
​ ​ ​
Net
Income
($ in millions)
​ ​ ​
Adjusted
EPS(6)
($)
​ ​
​
Wintrust
TSR
($)
​ ​ ​
Peer Group
TSR(5)
($)
​ ​
​ ​
2024
​ ​ ​ ​ ​ 6,082,951 ​ ​ ​ ​ ​ ​ 9,039,311 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2,733,850 ​ ​ ​ ​ ​ ​ 4,106,924 ​ ​ ​ ​ ​ ​ 193.02 ​ ​ ​ ​ ​ ​ 146.80 ​ ​ ​ ​ ​ ​ 695 ​ ​ ​ ​ ​ ​ 14.81 ​ ​ ​
​ ​
2023
​ ​ ​ ​ ​ 4,893,480 ​ ​ ​ ​ ​ ​ 4,980,483 ​ ​ ​ ​ ​ ​ 3,600,802 ​ ​ ​ ​ ​ ​ 4,822,614 ​ ​ ​ ​ ​ ​ 2,058,687 ​ ​ ​ ​ ​ ​ 2,257,999 ​ ​ ​ ​ ​ ​ 141.06 ​ ​ ​ ​ ​ ​ 109.02 ​ ​ ​ ​ ​ ​ 623 ​ ​ ​ ​ ​ ​ 14.78 ​ ​ ​
​ ​
2022
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 7,542,089 ​ ​ ​ ​ ​ ​ 8,359,216 ​ ​ ​ ​ ​ ​ 2,350,417 ​ ​ ​ ​ ​ ​ 2,507,670 ​ ​ ​ ​ ​ ​ 125.94 ​ ​ ​ ​ ​ ​ 99.06 ​ ​ ​ ​ ​ ​ 510 ​ ​ ​ ​ ​ ​ 12.63 ​ ​ ​
​ ​
2021
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 7,140,312 ​ ​ ​ ​ ​ ​ 9,915,585 ​ ​ ​ ​ ​ ​ 2,066,281 ​ ​ ​ ​ ​ ​ 2,621,076 ​ ​ ​ ​ ​ ​ 133.32 ​ ​ ​ ​ ​ ​ 119.74 ​ ​ ​ ​ ​ ​ 466 ​ ​ ​ ​ ​ ​ 9.64 ​ ​ ​
​ ​
2020
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 5,702,248 ​ ​ ​ ​ ​ ​ 2,873,349 ​ ​ ​ ​ ​ ​ 1,672,199 ​ ​ ​ ​ ​ ​ 1,155,692 ​ ​ ​ ​ ​ ​ 88.23 ​ ​ ​ ​ ​ ​ 87.20 ​ ​ ​ ​ ​ ​ 293 ​ ​ ​ ​ ​ ​ 9.83 ​ ​ ​
(1)
Mr. Wehmer served as the Company’s sole PEO in years 2020-2022 and the Company’s other NEOs for years 2020-2022 are Messrs. Dykstra, Murphy, Crane and Stoehr. Mr. Wehmer and Mr. Crane each served as the Company’s PEO in 2023 for the time periods as reported above, and the Company’s other NEOs for 2023 are Messrs. Dykstra, Murphy, Stoehr and Ms. Boege. Mr. Crane served as the Company’s sole PEO in 2024, and the Company’s other NEOs for 2024 are Messrs. Wehmer, Dykstra, Murphy and Stoehr.
(2)
Amounts reported in this column represent (i) the total compensation reported in the Summary Compensation Table for the applicable years for Mr. Crane and Mr. Wehmer and (ii) the average of the total compensation reported in the Summary Compensation Table for the Company’s other NEOs for the applicable years, as described in (1) above.
​
(3)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine “Compensation Actually Paid” as reported in the Pay-versus-Performance Table. “Compensation Actually Paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. In general, “Compensation Actually Paid” is calculated as the total compensation reported in the Summary Compensation Table adjusted to include the fair market value of equity awards as of December 31 of the applicable year or, if earlier, the vesting date. The Company does not provide a defined benefit plan so no adjustment for pension benefits is included. The following table details these adjustments:
​
​ ​
Year
​ ​ ​
Summary
Compensation
Table
Total
($)(a)
​ ​ ​
(Minus)
Grant Date Fair
Value of Stock
Awards Granted in
Fiscal Year
($)(b)
​ ​ ​
Plus
Fair Value
at Fiscal
Year-End
of Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
($)(c)
​ ​ ​
Plus/(Minus)
Change in
Fair Value of
Outstanding
and Unvested
Stock Awards
Granted in
Prior Fiscal
Years
($)(d)
​ ​ ​
Plus
Fair
Value at
Vesting
of Stock
Awards
Granted in
Fiscal Year
that Vested
During
Fiscal Year
($)(e)
​ ​ ​
Plus/(Minus)
Change in
Fair Value as
of Vesting
Date of Stock
Awards Granted in
Prior Years
for which
Applicable
Vesting
Conditions
Were
Satisfied
During Fiscal
Year
($)(f)
​ ​ ​
(Minus)
Fair Value
as of Prior
Fiscal Year-
End of Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to
Meet Applicable
Vesting
Conditions
During
Fiscal Year
($)(g)
​ ​ ​
Equals
Compensation
Actually Paid
($)
​ ​
​ ​
Mr. Crane (PEO)
​ ​
​ ​
2024
​ ​ ​ ​ ​ 6,082,951 ​ ​ ​ ​ ​ ​ (3,575,000) ​ ​ ​ ​ ​ ​ 4,862,945 ​ ​ ​ ​ ​ ​ 1,618,863 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 49,552 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 9,039,311 ​ ​ ​
​ ​
2023
​ ​ ​ ​ ​ 4,893,480 ​ ​ ​ ​ ​ ​ (2,750,000) ​ ​ ​ ​ ​ ​ 2,585,759 ​ ​ ​ ​ ​ ​ 227,640 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 23,604 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,980,483 ​ ​ ​
​ ​
Mr. Wehmer (PEO)
​ ​
​ ​
2023
​ ​ ​ ​ ​ 3,600,802 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 1,078,267 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 143,545 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,822,614 ​ ​ ​
​ ​
2022
​ ​ ​ ​ ​ 7,542,089 ​ ​ ​ ​ ​ ​ (2,878,750) ​ ​ ​ ​ ​ ​ 2,848,340 ​ ​ ​ ​ ​ ​ 847,537 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 8,359,216 ​ ​ ​
​ ​
2021
​ ​ ​ ​ ​ 7,140,312 ​ ​ ​ ​ ​ ​ (2,530,000) ​ ​ ​ ​ ​ ​ 4,319,490 ​ ​ ​ ​ ​ ​ 985,783 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 9,915,585 ​ ​ ​
​ ​
2020
​ ​ ​ ​ ​ 5,702,248 ​ ​ ​ ​ ​ ​ (1,265,000) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (751,895) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (812,004) ​ ​ ​ ​ ​ ​ 2,873,349 ​ ​ ​
​ ​
Other NEOs(h)
​ ​
​ ​
2024
​ ​ ​ ​ ​ 2,733,850 ​ ​ ​ ​ ​ ​ (624,000) ​ ​ ​ ​ ​ ​ 848,728 ​ ​ ​ ​ ​ ​ 1,039,504 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 108,842 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,106,924 ​ ​ ​
​ ​
2023
​ ​ ​ ​ ​ 2,058,687 ​ ​ ​ ​ ​ ​ (955,663) ​ ​ ​ ​ ​ ​ 898,474 ​ ​ ​ ​ ​ ​ 229,985 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 26,516 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,257,999 ​ ​ ​
​ ​
2022
​ ​ ​ ​ ​ 2,350,417 ​ ​ ​ ​ ​ ​ (771,875) ​ ​ ​ ​ ​ ​ 763,616 ​ ​ ​ ​ ​ ​ 165,512 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,507,670 ​ ​ ​
​ ​
2021
​ ​ ​ ​ ​ 2,066,281 ​ ​ ​ ​ ​ ​ (511,438) ​ ​ ​ ​ ​ ​ 873,110 ​ ​ ​ ​ ​ ​ 193,123 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,621,076 ​ ​ ​
​ ​
2020
​ ​ ​ ​ ​ 1,672,199 ​ ​ ​ ​ ​ ​ (247,813) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (130,396) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (138,298) ​ ​ ​ ​ ​ ​ 1,155,692 ​ ​ ​
(a)
Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other NEOs, amounts shown represent averages.
​
(b)
Represents the grant date fair value of the stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(c)
Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
​
(d)
Represents the change in fair value during the indicated fiscal year of each stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
(e)
Represents the fair value at vesting of the stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(f)
Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(g)
Represents the fair value as of the last day of the prior fiscal year of the stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(h)
See (1) above for the NEOs included in the average for the indicated fiscal year.
​
(4)
Pursuant to rules of the SEC, the comparison assumes $100 was invested on December 31, 2019. Historic stock price performance is not necessarily indicative of future stock price performance.
​
(5)
The Peer Group TSR utilizes the Nasdaq Global Select Market bank stock as the peer group index, which is the same industry index used in the Company’s Annual Report on Form 10-K.
​
(6)
As noted in the “Compensation Discussion & Analysis,” for 2024, the Committee views Adjusted EPS as an important metric of Company performance. Fifty percent (50%) of the performance-based restricted stock units vest based on the Company’s three-year cumulative earnings per share as adjusted to exclude income taxes, acquisition-related charges, and the provision for credit losses with such amount being further reduced by actual net charge-offs of loans.
       
Company Selected Measure Name Adjusted EPS        
Named Executive Officers, Footnote
(1)
Mr. Wehmer served as the Company’s sole PEO in years 2020-2022 and the Company’s other NEOs for years 2020-2022 are Messrs. Dykstra, Murphy, Crane and Stoehr. Mr. Wehmer and Mr. Crane each served as the Company’s PEO in 2023 for the time periods as reported above, and the Company’s other NEOs for 2023 are Messrs. Dykstra, Murphy, Stoehr and Ms. Boege. Mr. Crane served as the Company’s sole PEO in 2024, and the Company’s other NEOs for 2024 are Messrs. Wehmer, Dykstra, Murphy and Stoehr.
       
Peer Group Issuers, Footnote
(5)
The Peer Group TSR utilizes the Nasdaq Global Select Market bank stock as the peer group index, which is the same industry index used in the Company’s Annual Report on Form 10-K.
       
Adjustment To PEO Compensation, Footnote
(3)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine “Compensation Actually Paid” as reported in the Pay-versus-Performance Table. “Compensation Actually Paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. In general, “Compensation Actually Paid” is calculated as the total compensation reported in the Summary Compensation Table adjusted to include the fair market value of equity awards as of December 31 of the applicable year or, if earlier, the vesting date. The Company does not provide a defined benefit plan so no adjustment for pension benefits is included. The following table details these adjustments:
​
​ ​
Year
​ ​ ​
Summary
Compensation
Table
Total
($)(a)
​ ​ ​
(Minus)
Grant Date Fair
Value of Stock
Awards Granted in
Fiscal Year
($)(b)
​ ​ ​
Plus
Fair Value
at Fiscal
Year-End
of Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
($)(c)
​ ​ ​
Plus/(Minus)
Change in
Fair Value of
Outstanding
and Unvested
Stock Awards
Granted in
Prior Fiscal
Years
($)(d)
​ ​ ​
Plus
Fair
Value at
Vesting
of Stock
Awards
Granted in
Fiscal Year
that Vested
During
Fiscal Year
($)(e)
​ ​ ​
Plus/(Minus)
Change in
Fair Value as
of Vesting
Date of Stock
Awards Granted in
Prior Years
for which
Applicable
Vesting
Conditions
Were
Satisfied
During Fiscal
Year
($)(f)
​ ​ ​
(Minus)
Fair Value
as of Prior
Fiscal Year-
End of Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to
Meet Applicable
Vesting
Conditions
During
Fiscal Year
($)(g)
​ ​ ​
Equals
Compensation
Actually Paid
($)
​ ​
​ ​
Mr. Crane (PEO)
​ ​
​ ​
2024
​ ​ ​ ​ ​ 6,082,951 ​ ​ ​ ​ ​ ​ (3,575,000) ​ ​ ​ ​ ​ ​ 4,862,945 ​ ​ ​ ​ ​ ​ 1,618,863 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 49,552 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 9,039,311 ​ ​ ​
​ ​
2023
​ ​ ​ ​ ​ 4,893,480 ​ ​ ​ ​ ​ ​ (2,750,000) ​ ​ ​ ​ ​ ​ 2,585,759 ​ ​ ​ ​ ​ ​ 227,640 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 23,604 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,980,483 ​ ​ ​
​ ​
Mr. Wehmer (PEO)
​ ​
​ ​
2023
​ ​ ​ ​ ​ 3,600,802 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 1,078,267 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 143,545 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,822,614 ​ ​ ​
​ ​
2022
​ ​ ​ ​ ​ 7,542,089 ​ ​ ​ ​ ​ ​ (2,878,750) ​ ​ ​ ​ ​ ​ 2,848,340 ​ ​ ​ ​ ​ ​ 847,537 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 8,359,216 ​ ​ ​
​ ​
2021
​ ​ ​ ​ ​ 7,140,312 ​ ​ ​ ​ ​ ​ (2,530,000) ​ ​ ​ ​ ​ ​ 4,319,490 ​ ​ ​ ​ ​ ​ 985,783 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 9,915,585 ​ ​ ​
​ ​
2020
​ ​ ​ ​ ​ 5,702,248 ​ ​ ​ ​ ​ ​ (1,265,000) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (751,895) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (812,004) ​ ​ ​ ​ ​ ​ 2,873,349 ​ ​ ​
​ ​
Other NEOs(h)
​ ​
​ ​
2024
​ ​ ​ ​ ​ 2,733,850 ​ ​ ​ ​ ​ ​ (624,000) ​ ​ ​ ​ ​ ​ 848,728 ​ ​ ​ ​ ​ ​ 1,039,504 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 108,842 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,106,924 ​ ​ ​
​ ​
2023
​ ​ ​ ​ ​ 2,058,687 ​ ​ ​ ​ ​ ​ (955,663) ​ ​ ​ ​ ​ ​ 898,474 ​ ​ ​ ​ ​ ​ 229,985 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 26,516 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,257,999 ​ ​ ​
​ ​
2022
​ ​ ​ ​ ​ 2,350,417 ​ ​ ​ ​ ​ ​ (771,875) ​ ​ ​ ​ ​ ​ 763,616 ​ ​ ​ ​ ​ ​ 165,512 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,507,670 ​ ​ ​
​ ​
2021
​ ​ ​ ​ ​ 2,066,281 ​ ​ ​ ​ ​ ​ (511,438) ​ ​ ​ ​ ​ ​ 873,110 ​ ​ ​ ​ ​ ​ 193,123 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,621,076 ​ ​ ​
​ ​
2020
​ ​ ​ ​ ​ 1,672,199 ​ ​ ​ ​ ​ ​ (247,813) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (130,396) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (138,298) ​ ​ ​ ​ ​ ​ 1,155,692 ​ ​ ​
(a)
Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other NEOs, amounts shown represent averages.
​
(b)
Represents the grant date fair value of the stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(c)
Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
​
(d)
Represents the change in fair value during the indicated fiscal year of each stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
(e)
Represents the fair value at vesting of the stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(f)
Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(g)
Represents the fair value as of the last day of the prior fiscal year of the stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(h)
See (1) above for the NEOs included in the average for the indicated fiscal year.
       
Non-PEO NEO Average Total Compensation Amount $ 2,733,850 $ 2,058,687 $ 2,350,417 $ 2,066,281 $ 1,672,199
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,106,924 2,257,999 2,507,670 2,621,076 1,155,692
Adjustment to Non-PEO NEO Compensation Footnote
(3)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine “Compensation Actually Paid” as reported in the Pay-versus-Performance Table. “Compensation Actually Paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. In general, “Compensation Actually Paid” is calculated as the total compensation reported in the Summary Compensation Table adjusted to include the fair market value of equity awards as of December 31 of the applicable year or, if earlier, the vesting date. The Company does not provide a defined benefit plan so no adjustment for pension benefits is included. The following table details these adjustments:
​
​ ​
Year
​ ​ ​
Summary
Compensation
Table
Total
($)(a)
​ ​ ​
(Minus)
Grant Date Fair
Value of Stock
Awards Granted in
Fiscal Year
($)(b)
​ ​ ​
Plus
Fair Value
at Fiscal
Year-End
of Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
($)(c)
​ ​ ​
Plus/(Minus)
Change in
Fair Value of
Outstanding
and Unvested
Stock Awards
Granted in
Prior Fiscal
Years
($)(d)
​ ​ ​
Plus
Fair
Value at
Vesting
of Stock
Awards
Granted in
Fiscal Year
that Vested
During
Fiscal Year
($)(e)
​ ​ ​
Plus/(Minus)
Change in
Fair Value as
of Vesting
Date of Stock
Awards Granted in
Prior Years
for which
Applicable
Vesting
Conditions
Were
Satisfied
During Fiscal
Year
($)(f)
​ ​ ​
(Minus)
Fair Value
as of Prior
Fiscal Year-
End of Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to
Meet Applicable
Vesting
Conditions
During
Fiscal Year
($)(g)
​ ​ ​
Equals
Compensation
Actually Paid
($)
​ ​
​ ​
Mr. Crane (PEO)
​ ​
​ ​
2024
​ ​ ​ ​ ​ 6,082,951 ​ ​ ​ ​ ​ ​ (3,575,000) ​ ​ ​ ​ ​ ​ 4,862,945 ​ ​ ​ ​ ​ ​ 1,618,863 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 49,552 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 9,039,311 ​ ​ ​
​ ​
2023
​ ​ ​ ​ ​ 4,893,480 ​ ​ ​ ​ ​ ​ (2,750,000) ​ ​ ​ ​ ​ ​ 2,585,759 ​ ​ ​ ​ ​ ​ 227,640 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 23,604 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,980,483 ​ ​ ​
​ ​
Mr. Wehmer (PEO)
​ ​
​ ​
2023
​ ​ ​ ​ ​ 3,600,802 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 1,078,267 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 143,545 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,822,614 ​ ​ ​
​ ​
2022
​ ​ ​ ​ ​ 7,542,089 ​ ​ ​ ​ ​ ​ (2,878,750) ​ ​ ​ ​ ​ ​ 2,848,340 ​ ​ ​ ​ ​ ​ 847,537 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 8,359,216 ​ ​ ​
​ ​
2021
​ ​ ​ ​ ​ 7,140,312 ​ ​ ​ ​ ​ ​ (2,530,000) ​ ​ ​ ​ ​ ​ 4,319,490 ​ ​ ​ ​ ​ ​ 985,783 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 9,915,585 ​ ​ ​
​ ​
2020
​ ​ ​ ​ ​ 5,702,248 ​ ​ ​ ​ ​ ​ (1,265,000) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (751,895) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (812,004) ​ ​ ​ ​ ​ ​ 2,873,349 ​ ​ ​
​ ​
Other NEOs(h)
​ ​
​ ​
2024
​ ​ ​ ​ ​ 2,733,850 ​ ​ ​ ​ ​ ​ (624,000) ​ ​ ​ ​ ​ ​ 848,728 ​ ​ ​ ​ ​ ​ 1,039,504 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 108,842 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 4,106,924 ​ ​ ​
​ ​
2023
​ ​ ​ ​ ​ 2,058,687 ​ ​ ​ ​ ​ ​ (955,663) ​ ​ ​ ​ ​ ​ 898,474 ​ ​ ​ ​ ​ ​ 229,985 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 26,516 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,257,999 ​ ​ ​
​ ​
2022
​ ​ ​ ​ ​ 2,350,417 ​ ​ ​ ​ ​ ​ (771,875) ​ ​ ​ ​ ​ ​ 763,616 ​ ​ ​ ​ ​ ​ 165,512 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,507,670 ​ ​ ​
​ ​
2021
​ ​ ​ ​ ​ 2,066,281 ​ ​ ​ ​ ​ ​ (511,438) ​ ​ ​ ​ ​ ​ 873,110 ​ ​ ​ ​ ​ ​ 193,123 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 2,621,076 ​ ​ ​
​ ​
2020
​ ​ ​ ​ ​ 1,672,199 ​ ​ ​ ​ ​ ​ (247,813) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (130,396) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ (138,298) ​ ​ ​ ​ ​ ​ 1,155,692 ​ ​ ​
(a)
Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other NEOs, amounts shown represent averages.
​
(b)
Represents the grant date fair value of the stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(c)
Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
​
(d)
Represents the change in fair value during the indicated fiscal year of each stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
(e)
Represents the fair value at vesting of the stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(f)
Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(g)
Represents the fair value as of the last day of the prior fiscal year of the stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
​
(h)
See (1) above for the NEOs included in the average for the indicated fiscal year.
       
Compensation Actually Paid vs. Total Shareholder Return [MISSING IMAGE: bc_tsr-4c.jpg]        
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_netincome-4c.jpg]
       
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_adjustedeps-4c.jpg]
       
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_tsr-4c.jpg]        
Tabular List, Table
Performance Measures Used to Link Company Performance and Compensation Actually Paid to the NEOs
The following is a list of financial performance measures, which in our assessment represent the most important financial performance measures used by the Company to link compensation actually paid to the NEOs for 2024:
•
Adjusted EPS
​
Net Income
​
TSR relative ranking within KRX Index
       
Total Shareholder Return Amount $ 193.02 141.06 125.94 133.32 88.23
Peer Group Total Shareholder Return Amount 146.8 109.02 99.06 119.74 87.2
Net Income (Loss) $ 695 $ 623 $ 510 $ 466 $ 293
Company Selected Measure Amount 14.81 14.78 12.63 9.64 9.83
PEO Name Mr. Crane        
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted EPS        
Non-GAAP Measure Description
(6)
As noted in the “Compensation Discussion & Analysis,” for 2024, the Committee views Adjusted EPS as an important metric of Company performance. Fifty percent (50%) of the performance-based restricted stock units vest based on the Company’s three-year cumulative earnings per share as adjusted to exclude income taxes, acquisition-related charges, and the provision for credit losses with such amount being further reduced by actual net charge-offs of loans.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Net Income        
Measure:: 3          
Pay vs Performance Disclosure          
Name TSR relative ranking within KRX Index        
Mr. Crane [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 6,082,951 $ 4,893,480      
PEO Actually Paid Compensation Amount 9,039,311 4,980,483      
Mr. Wehmer [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount   3,600,802 $ 7,542,089 $ 7,140,312 $ 5,702,248
PEO Actually Paid Compensation Amount   4,822,614 8,359,216 9,915,585 2,873,349
PEO | Mr. Crane [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,575,000) (2,750,000)      
PEO | Mr. Crane [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,862,945 2,585,759      
PEO | Mr. Crane [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,618,863 227,640      
PEO | Mr. Crane [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount      
PEO | Mr. Crane [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 49,552 23,604      
PEO | Mr. Crane [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount      
PEO | Mr. Wehmer [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (2,878,750) (2,530,000) (1,265,000)
PEO | Mr. Wehmer [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   2,848,340 4,319,490
PEO | Mr. Wehmer [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   1,078,267 847,537 985,783 (751,895)
PEO | Mr. Wehmer [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount  
PEO | Mr. Wehmer [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   143,545
PEO | Mr. Wehmer [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (812,004)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (624,000) (955,663) (771,875) (511,438) (247,813)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 848,728 898,474 763,616 873,110
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,039,504 229,985 165,512 193,123 (130,396)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 108,842 26,516
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (138,298)