Name
|
| |
Age
|
| |
Positions with the Company and Bank
|
|
Georgia S. Derrico
|
| |
73
|
| | Class III Director of the Company; Director of the Bank; Executive Chairman of the Board of each of the Company and the Bank | |
Joe A. Shearin
|
| |
61
|
| | Class II Director of the Company; Director of the Bank; President and Chief Executive Officer of each of the Company and the Bank | |
John F. Biagas
|
| |
53
|
| | Class I Director of the Company; Director of the Bank | |
Robert Y. Clagett
|
| |
77
|
| | Class III Director of the Company; Director of the Bank | |
W. Rand Cook
|
| |
64
|
| | Class II Director of the Company; Director of the Bank | |
F.L. Garrett, III
|
| |
77
|
| | Class I Director of the Company; Director of the Bank | |
Eric A. Johnson
|
| |
64
|
| | Class II Director of the Company; Director of the Bank | |
Charles A. Kabbash
|
| |
80
|
| | Class III Director of the Company; Director of the Bank | |
Name
|
| |
Age
|
| |
Positions with the Company and Bank
|
|
Directors: | | | | | | | |
R. Roderick Porter
|
| |
72
|
| | Class I Director of the Company; Director of the Bank; Executive Vice Chairman of the Board of each of the Company and the Bank | |
W. Bruce Jennings
|
| |
68
|
| | Class I Director of the Company; Director of the Bank | |
Neil J. Call
|
| |
84
|
| | Class II Director of the Company; Director of the Bank | |
Executive Officers: | | | | | | | |
William H. Lagos
|
| |
67
|
| | Interim Chief Financial Officer of each of the Company and the Bank | |
William H. Stevens
|
| |
73
|
| | Executive Credit Risk Officer of the Company and the Bank | |
Name
|
| |
Fees Earned or
Paid in Cash ($) |
| |
All Other
Compensation ($)(2) |
| |
Total
($) |
| |||||||||
John F. Biagas(3)
|
| | | | 20,000 | | | | | | — | | | | | | 20,000 | | |
Frederick L. Bollerer(4)
|
| | | | 18,000 | | | | | | 10,000 | | | | | | 28,000 | | |
Neil J. Call
|
| | | | 44,500 | | | | | | 10,000 | | | | | | 54,500 | | |
Robert Y. Clagett
|
| | | | 35,500 | | | | | | 10,000 | | | | | | 45,500 | | |
W. Rand Cook(3)
|
| | | | 18,500 | | | | | | — | | | | | | 18,500 | | |
John J. Forch(4)
|
| | | | 11,750 | | | | | | 10,000 | | | | | | 21,750 | | |
F.L. Garrett, III(3)
|
| | | | 18,250 | | | | | | — | | | | | | 18,250 | | |
W. Bruce Jennings
|
| | | | 35,250 | | | | | | 20,000 | | | | | | 55,250 | | |
Eric A. Johnson(3)
|
| | | | 18,500 | | | | | | — | | | | | | 18,500 | | |
Charles A. Kabbash
|
| | | | 34,750 | | | | | | 10,000 | | | | | | 44,750 | | |
Name
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($) |
| |
Option
Awards ($)(3) |
| |
Change in
Pension Value and Nonqualified Deferred Compensation Earnings ($)(4) |
| |
All Other
Compensation ($)(5) |
| |
Total
($) |
| |||||||||||||||||||||
Thomas P. Baker
Executive Vice President and Chief Credit Officer |
| | | | 2017 | | | | | | 217,360 | | | | | | 4,500 | | | | | | — | | | | | | — | | | | | | 343,140 | | | | | | 565,000 | | |
| | | 2016 | | | | | | 204,500 | | | | | | 6,000 | | | | | | 3,150 | | | | | | — | | | | | | — | | | | | | 213,650 | | | ||
| | | 2015 | | | | | | 197,062 | | | | | | 5,000 | | | | | | 2,040 | | | | | | — | | | | | | — | | | | | | 204,102 | | | ||
Georgia S. Derrico
Executive Chairman of the Board and former Chief Executive Officer |
| | | | 2017 | | | | | | 469,577 | | | | | | 185,000 | | | | | | — | | | | | | 223,539 | | | | | | 2,250,275 | | | | | | 3,128,391 | | |
| | | 2016 | | | | | | 426,888 | | | | | | 268,330 | | | | | | 15,120 | | | | | | 294,481 | | | | | | 27,780 | | | | | | 1,032,599 | | | ||
| | | 2015 | | | | | | 388,080 | | | | | | 313,000 | | | | | | 12,240 | | | | | | 240,127 | | | | | | 21,850 | | | | | | 975,297 | | | ||
William H. Lagos(1)
Chief Financial Officer(1) |
| | | | 2017 | | | | | | 185,644 | | | | | | 4,500 | | | | | | — | | | | | | — | | | | | | — | | | | | | 190,144 | | |
| | | 2016 | | | | | | 173,825 | | | | | | 6,000 | | | | | | 3,780 | | | | | | — | | | | | | — | | | | | | 183,605 | | | ||
| | | 2015 | | | | | | 166,500 | | | | | | 6,000 | | | | | | 2,805 | | | | | | — | | | | | | — | | | | | | 175,305 | | | ||
R. Roderick Porter
Executive Vice Chairman and former President and Chief Operating Officer |
| | | | 2017 | | | | | | 318,675 | | | | | | 185,000 | | | | | | — | | | | | | 153,717 | | | | | | 1,045,305 | | | | | | 1,702,697 | | |
| | | 2016 | | | | | | 294,906 | | | | | | 182,100 | | | | | | 15,120 | | | | | | 200,536 | | | | | | 34,980 | | | | | | 727,642 | | | ||
| | | 2015 | | | | | | 276,324 | | | | | | 193,000 | | | | | | 12,240 | | | | | | 162,432 | | | | | | 29,050 | | | | | | 673,046 | | | ||
Joe A. Shearin(2) President and Chief Executive Officer |
| | | | 2017 | | | | | | 267,675 | | | | | | 185,000 | | | | | | — | | | | | | 32,214 | | | | | | 24,792 | | | | | | 509,681 | | |
Adam Sothen(1)(2)
Former Chief Financial Officer |
| | | | 2017 | | | | | | 104,967 | | | | | | 20,000 | | | | | | — | | | | | | — | | | | | | 3,314 | | | | | | 128,281 | | |
William H. Stevens
Executive Vice President and Chief Credit Risk Officer |
| | | | 2017 | | | | | | 196,560 | | | | | | 15,000 | | | | | | — | | | | | | — | | | | | | 5,859 | | | | | | 217,419 | | |
| | | 2016 | | | | | | 184,500 | | | | | | 5,000 | | | | | | 2,835 | | | | | | — | | | | | | — | | | | | | 192,335 | | | ||
| | | 2015 | | | | | | 175,696 | | | | | | 4,500 | | | | | | 2,040 | | | | | | — | | | | | | — | | | | | | 182,236 | | |
Name
|
| |
Number of Securities
Underlying Unexercised Options (#) Exercisable |
| |
Number of Securities
Underlying Unexercised Options (#) Unexercisable |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| ||||||||||||
Thomas P. Baker
|
| | | | 2,000 | | | | | | — | | | | | | 9.20 | | | | | | 01/23/2018 | | |
| | | | | 2,000 | | | | | | — | | | | | | 5.50 | | | | | | 01/27/2019 | | |
| | | | | 2,000 | | | | | | — | | | | | | 8.02 | | | | | | 07/29/2019 | | |
| | | | | 3,000 | | | | | | — | | | | | | 7.04 | | | | | | 07/27/2020 | | |
| | | | | 15,000 | | | | | | — | | | | | | 7.20 | | | | | | 03/21/2021 | | |
| | | | | 5,000 | | | | | | — | | | | | | 7.92 | | | | | | 12/05/2022 | | |
| | | | | 4,000 | | | | | | 1,000(1) | | | | | | 9.14 | | | | | | 06/21/2023 | | |
| | | | | 3,000 | | | | | | 2,000(2) | | | | | | 10.47 | | | | | | 07/22/2024 | | |
| | | | | 1,600 | | | | | | 2,400(3) | | | | | | 11.43 | | | | | | 06/19/2025 | | |
| | | | | 1,000 | | | | | | 4,000(4) | | | | | | 11.99 | | | | | | 06/17/2026 | | |
Georgia S. Derrico
|
| | | | 11,000 | | | | | | — | | | | | | 5.50 | | | | | | 01/27/2019 | | |
| | | | | 5,000 | | | | | | — | | | | | | 8.02 | | | | | | 07/29/2019 | | |
| | | | | 5,000 | | | | | | — | | | | | | 7.04 | | | | | | 07/27/2020 | | |
| | | | | 20,000 | | | | | | — | | | | | | 7.20 | | | | | | 03/21/2021 | | |
| | | | | 20,000 | | | | | | — | | | | | | 7.92 | | | | | | 12/05/2022 | | |
| | | | | 16,000 | | | | | | 4,000(1) | | | | | | 9.14 | | | | | | 06/21/2023 | | |
| | | | | 14,400 | | | | | | 9,600(2) | | | | | | 10.47 | | | | | | 07/22/2024 | | |
| | | | | 9,600 | | | | | | 14,400(3) | | | | | | 11.43 | | | | | | 06/19/2025 | | |
| | | | | 4,800 | | | | | | 19,200(4) | | | | | | 11.99 | | | | | | 06/17/2026 | | |
William H. Lagos
|
| | | | 3,500 | | | | | | — | | | | | | 9.20 | | | | | | 01/23/2018 | | |
| | | | | 2,000 | | | | | | — | | | | | | 5.50 | | | | | | 01/27/2019 | | |
| | | | | 2,000 | | | | | | — | | | | | | 8.02 | | | | | | 07/29/2019 | | |
| | | | | 2,500 | | | | | | — | | | | | | 7.04 | | | | | | 07/27/2020 | | |
| | | | | 4,000 | | | | | | — | | | | | | 7.20 | | | | | | 03/21/2021 | | |
| | | | | 4,000 | | | | | | — | | | | | | 7.92 | | | | | | 12/05/2022 | | |
| | | | | 3,200 | | | | | | 800(1) | | | | | | 9.14 | | | | | | 06/21/2023 | | |
| | | | | 3,000 | | | | | | 2,000(2) | | | | | | 10.47 | | | | | | 07/22/2024 | | |
| | | | | 2,200 | | | | | | 3,300(3) | | | | | | 11.43 | | | | | | 06/19/2025 | | |
| | | | | 1,200 | | | | | | 4,800(4) | | | | | | 11.99 | | | | | | 06/17/2026 | | |
R. Roderick Porter
|
| | | | 11,000 | | | | | | — | | | | | | 5.50 | | | | | | 01/27/2019 | | |
| | | | | 5,000 | | | | | | — | | | | | | 8.02 | | | | | | 07/29/2019 | | |
| | | | | 5,000 | | | | | | — | | | | | | 7.04 | | | | | | 07/27/2020 | | |
| | | | | 20,000 | | | | | | — | | | | | | 7.20 | | | | | | 03/21/2021 | | |
| | | | | 20,000 | | | | | | — | | | | | | 7.92 | | | | | | 12/05/2022 | | |
| | | | | 16,000 | | | | | | 4,000(1) | | | | | | 9.14 | | | | | | 06/21/2023 | | |
| | | | | 14,400 | | | | | | 9,600(2) | | | | | | 10.47 | | | | | | 07/22/2024 | | |
| | | | | 9,600 | | | | | | 14,400(3) | | | | | | 11.43 | | | | | | 06/19/2025 | | |
| | | | | 4,800 | | | | | | 19,200(4) | | | | | | 11.99 | | | | | | 06/17/2026 | | |
Joe A. Shearin
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Adam Sothen
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
William H. Stevens
|
| | | | 1,500 | | | | | | — | | | | | | 9.20 | | | | | | 01/23/2018 | | |
| | | | | 1,500 | | | | | | — | | | | | | 5.50 | | | | | | 01/27/2019 | | |
| | | | | 1,500 | | | | | | — | | | | | | 7.04 | | | | | | 07/27/2020 | | |
| | | | | 2,500 | | | | | | | | | | | | 7.92 | | | | | | 12/05/2022 | | |
| | | | | 2,000 | | | | | | 500(1) | | | | | | 9.14 | | | | | | 06/21/2023 | | |
| | | | | 1,800 | | | | | | 1,200(2) | | | | | | 10.47 | | | | | | 07/22/2024 | | |
| | | | | 1,600 | | | | | | 2,400(3) | | | | | | 11.43 | | | | | | 06/19/2025 | | |
| | | | | 900 | | | | | | 3,600(4) | | | | | | 11.99 | | | | | | 06/17/2026 | | |
Name
|
| |
Plan Name
|
| |
Number of Years of
Credited Service (#)(3) |
| |
Present Value of
Accumulated Benefit ($) |
| |
Payments During
Last Fiscal Year ($) |
| ||||||||||||
Thomas P. Baker
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Georgia S. Derrico
|
| | | | SONA SERP | | | | | | 10.42 | | | | | | 1,685,939(1) | | | | | | — | | |
William H. Lagos
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
R. Roderick Porter
|
| | | | SONA SERP | | | | | | 10.42 | | | | | | 1,214,482(1) | | | | | | — | | |
Joe A. Shearin
|
| | | | EVBS SERP | | | | | | 9 | | | | | | 1,785,897(2) | | | | | | — | | |
Adam Sothen
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
William H. Stevens
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Name
|
| |
Cash
Severance ($) |
| |
Health
Insurance Benefits ($) |
| |
Value of
Unvested Equity Awards ($)(5) |
| |
Other
($) |
| |
Total
($) |
| |||||||||||||||
Thomas P. Baker
|
| | | | 317,165(1) | | | | | | — | | | | | | — | | | | | | — | | | | | | 317,165 | | |
Georgia S. Derrico
|
| | | | 698,495(1) | | | | | | 14,652(3) | | | | | | 224,744 | | | | | | 120,000(6) | | | | | | 1,057,891 | | |
William H. Lagos
|
| | | | 96,071(2) | | | | | | 3,663(4) | | | | | | — | | | | | | — | | | | | | 99,734 | | |
R. Roderick Porter
|
| | | | 474,029(1) | | | | | | 14,652(3) | | | | | | 224,744 | | | | | | 120,000(6) | | | | | | 833,425 | | |
Joe A. Shearin
|
| | | | 1,685,000(7) | | | | | | 19,692(8) | | | | | | — | | | | | | 10,000(9) | | | | | | 1,714,692 | | |
Adam Sothen(12)
|
| | | | 387,570(10) | | | | | | 13,128(11) | | | | | | — | | | | | | — | | | | | | 400,698 | | |
William H. Stevens
|
| | | | 103,194(2) | | | | | | 3,663(4) | | | | | | — | | | | | | — | | | | | | 106,857 | | |
Name
|
| |
Cash
Severance ($) |
| |
Health
Insurance Benefits ($) |
| |
Value of
Unvested Equity Awards ($)(5) |
| |
Other
($) |
| |
Total
($) |
| |||||||||||||||
Thomas P. Baker
|
| | | | 317,165(1) | | | | | | — | | | | | | 45,210 | | | | | | — | | | | | | 362,375 | | |
Georgia S. Derrico
|
| | | | 698,495(1) | | | | | | 14,652(3) | | | | | | 224,744 | | | | | | 120,000(6) | | | | | | 1,057,891 | | |
William H. Lagos
|
| | | | 192,141(2) | | | | | | 7,326(4) | | | | | | 51,204 | | | | | | — | | | | | | 250,672 | | |
R. Roderick Porter
|
| | | | 474,029(1) | | | | | | 14,652(3) | | | | | | 224,744 | | | | | | 120,000(6) | | | | | | 833,425 | | |
Joe A. Shearin
|
| | | | 2,055,000(7) | | | | | | 19,692(8) | | | | | | — | | | | | | 10,000(9) | | | | | | 2,084,692 | | |
Adam Sothen(12)
|
| | | | 427,570(10) | | | | | | 13,128(11) | | | | | | — | | | | | | — | | | | | | 440,698 | | |
William H. Stevens
|
| | | | 206,338(2) | | | | | | 7,326(4) | | | | | | 35,701 | | | | | | — | | | | | | 249,365 | | |
| | |
2017
|
| |
2016
|
| ||||||
Audit fees(1)
|
| | | $ | 440,200 | | | | | $ | 252,000 | | |
Audit related fees(2)
|
| | | | 41,200 | | | | | | 22,500 | | |
Tax fees
|
| | | | — | | | | | | — | | |
All other fees
|
| | | | — | | | | | | — | | |
Name
|
| |
Position With the Company and the Bank
|
| |
Number of
Shares of Common Stock Owned |
| |
Percentage
Beneficially Owned(1) |
| ||||||
5% or Greater Holders: | | | | | | | | | | | | | | | | |
Wellington Management Group LLP 280 Congress Street Boston, MA 02210 |
| | Investor | | | | | 1,665,698(2) | | | | | | 6.9% | | |
Banc Fund VII L.P. 20 North Wacker Drive, Suite 3300 Chicago, IL 60606 |
| | Investor | | | | | 1,713,529(3) | | | | | | 7.1% | | |
Directors and Executive Officers: | | | | | | | | | | | | | | | | |
Georgia S. Derrico(4)
|
| | Executive Chairman of the Board of the Company and the Bank |
| | | | 820,221(5) | | | | | | 3.4% | | |
R. Roderick Porter(4)
|
| | Executive Vice Chairman of the Board of the Company and the Bank | | | | | 820,221(6) | | | | | | 3.4% | | |
Joe A. Shearin(7)
|
| | President and Chief Executive Officer of the Company and the Bank |
| | | | 62,353 | | | | | | * | | |
John F. Biagas(8)
|
| |
Director of the Company and the Bank
|
| | | | 40,619 | | | | | | * | | |
Neil J. Call
|
| |
Director of the Company and the Bank
|
| | | | 126,598(9) | | | | | | * | | |
Robert Y. Clagett
|
| |
Director of the Company and the Bank
|
| | | | 25,398 | | | | | | * | | |
W. Rand Cook(10)
|
| |
Director of the Company and the Bank
|
| | | | 14,310 | | | | | | * | | |
F.L. Garrett, III(11)
|
| |
Director of the Company and the Bank
|
| | | | 21,258 | | | | | | * | | |
W. Bruce Jennings
|
| |
Director of the Company and the Bank
|
| | | | 39,833(12) | | | | | | * | | |
Eric A. Johnson(13)
|
| |
Director of the Company and the Bank
|
| | | | 25,373 | | | | | | * | | |
Charles A. Kabbash
|
| |
Director of the Company and the Bank
|
| | | | 108,845(14) | | | | | | | | |
William H. Lagos
|
| | Interim Chief Financial Officer | | | | | 63,594(15) | | | | | | * | | |
William H. Stevens
|
| | Executive Credit Risk Officer of the Bank | | | | | 28,064(16) | | | | | | * | | |
Thomas Baker
|
| | Chief Credit Officer | | | | | 66,463(17) | | | | | | | | |
Directors, Director Nominees and Executive Officers as a Group (14 persons) | | | | | | | | 1,442,929 | | | | | | 6.0% | | |
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