Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| John Nelson | $403,780 | — | — | — | $10,071 | — | $21,000 | $434,851 |
| President and Chief Executive Officer | ||||||||
| Michael Wilson | 281,190 | — | — | — | 7,554 | — | 18,129 | 306,873 |
| Executive Vice President and Chief Lending Officer | ||||||||
| Scott Bauer | 278,512 | — | — | — | 0 | — | 18,522 | 297,034 |
| President of First National Bank | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| John Nelson | $434,851 | — | — | — |
| Michael Wilson | 306,873 | — | — | — |
| Scott Bauer | 297,034 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
The Company’s focus is on sound, profitable growth through engaging its employees and customers to create shareholder value. The Company’s executive compensation program contributes to this focus by rewarding the Executive Officers for the achievement of profitability goals. The Company’s objective is to provide compensation that is fair to the Executive Officers, focused on performance, and aligned with the long-term best interests of its shareholders and customers.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | — |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-29 | 4,193,678 | 44,592 | 11,419 | 98.95% | Passed |
| 2023 | 2023-04-26 | 3,658,700 | 69,701 | 22,905 | 98.13% | Passed |
| 2020 | 2020-04-29 | 4,404,694 | 68,320 | 4,035 | 98.47% | Passed |
| 2017 | 2017-04-26 | 3,870,802 | 73,138 | 9,218 | 98.15% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-04-29 | 98.95%a |
| 2023 | 2023-04-26 | 98.13%b |
| 2020 | 2020-04-29 | 98.47%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Patrick G. HaganIndependent · Board Chair | $34,840 | — | — | — | $1,709 | $36,549 |
| Jeffery C. BakerIndependent · Audit (Chair) · Risk | 34,140 | — | — | — | 1,709 | 35,849 |
| Betty A. Baudler HorrasIndependent · Nominating (Chair) · Not standing for re-election | 32,210 | — | — | — | 1,709 | 33,919 |
| Everett S. MilesIndependent · Compensation · Risk (Chair) · Personnel | 32,140 | — | — | — | 1,709 | 33,849 |
| Kevin L. SwartzIndependent · Audit · Nominating | 29,910 | — | — | — | 1,709 | 31,619 |
| Michelle R. CassabaumIndependent · Compensation (Chair) · Personnel | 28,460 | — | — | — | 1,709 | 30,169 |
| Scot A. TrostIndependent · Nominating | 26,975 | — | — | — | 1,709 | 28,684 |
| Douglas W. BealsIndependent · Risk | 23,720 | — | — | — | 1,709 | 25,429 |
| Lisa M. EslingerIndependent · Audit · Compensation · Personnel | 22,610 | — | — | — | 0 | 22,610 |
| John L. PierschbacherNot independent · Audit · Risk | 22,090 | — | — | — | 0 | 22,090 |
| David W. BensonIndependent · Not standing for re-election · Departed during FY | 5,930 | — | — | — | 0 | 5,930 |
| John P. NelsonEmployee director | — | — | — | — | — | 0 |
| Amy F. RieckIndependent · Newly elected | — | — | — | — | — | — |
| Annual cash retainer | $9,200 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $2,600 |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $293,025 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $13,672 |
| Total cost of the board | $306,697 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Ames National | 2025 | John Nelson | $403,780 | — | — | $10,071 | $434,851 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, John Nelson | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Summary Compensation Table for 2025 and 2024” · page 21. As printed: 434,851. Filing ↗ |
| 2 | Section 01, Michael Wilson | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Summary Compensation Table for 2025 and 2024” · page 21. As printed: 306,873. Filing ↗ |
| 3 | Section 01, Scott Bauer | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Summary Compensation Table for 2025 and 2024” · page 21. As printed: 297,034. Filing ↗ |
| 4 | Section 08, Patrick G. Hagan | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 36,549. Filing ↗machine: span 168651–168658 |
| 5 | Section 08, Jeffery C. Baker | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 35,849. Filing ↗machine: span 153190–153197 |
| 6 | Section 08, Betty A. Baudler Horras | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 33,919. Filing ↗machine: span 155778–155785 |
| 7 | Section 08, Everett S. Miles | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 33,849. Filing ↗machine: span 171232–171239 |
| 8 | Section 08, Kevin L. Swartz | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 31,619. Filing ↗machine: span 178895–178902 |
| 9 | Section 08, Michelle R. Cassabaum | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 30,169. Filing ↗machine: span 163507–163514 |
| 10 | Section 08, Scot A. Trost | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 28,684. Filing ↗machine: span 181473–181480 |
| 11 | Section 08, Douglas W. Beals | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 25,429. Filing ↗machine: span 158359–158366 |
| 12 | Section 08, Lisa M. Eslinger | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 22,610. Filing ↗machine: span 164675–164682 |
| 13 | Section 08, John L. Pierschbacher | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 22,090. Filing ↗machine: span 174922–174929 |
| 14 | Section 08, David W. Benson | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 5,930. Filing ↗machine: span 159530–159536 |
| 15 | Section 08, John P. Nelson | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 16 | Section 08, Amy F. Rieck | DEF 14A | 2026-03-13 | 0001437749-26-008067 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 17 | Section 06, 2026 vote | Form 8-K | 2026-05-01 | 0001437749-26-014331 | Item 5.07 · say-on-pay result. As reported: 98.95% (votes for as printed: 4,193,678). Filing ↗ |
| 18 | Section 06, 2023 vote | Form 8-K | 2023-04-28 | 0001437749-23-011608 | Item 5.07 · say-on-pay result. As reported: 98.13% (votes for as printed: 3,658,700). Filing ↗ |
| 19 | Section 06, 2020 vote | Form 8-K | 2020-05-01 | 0001437749-20-009095 | Item 5.07 · say-on-pay result. As reported: 98.47% (votes for as printed: 4,404,694). Filing ↗ |
| 20 | Section 09b board cost (computed) | Computed | — | computed | Cash 293,025 + equity 0 + all other 13,672 = 306,697, summed across the director compensation table rows.machine: formula: Σ = 306,697 |
| 21 | Ames National (subject), Section 10b CEO total | DEF 14A | 2026-03-13 | 0001437749-26-008067 | CEO total compensation as printed in Ames National's own proxy. As printed: 434,851. Filing ↗ |