Velarion · Company Intelligence
CompBrief
Fiscal year 2024

Brian Reed — FY2024 total compensation $545,710

Brian Reed is President and Chief Executive Officer of Summit State Bank (SSBI). The company reported total compensation of $545,710 for fiscal year 2024.

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Fiscal year 2024 compensation

Salary$520,965
Bonus$0
Stock awards$0
Option awards$0
Non-equity incentive plan$0
Pension and non-qualified deferred compensation$0
All other compensation$24,745
Total$545,710

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Summit State Bank filed April 9, 2025.

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History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2024President and Chief Executive Officer$520,965$0$0$0$0$0$24,745$545,710
FY2023President and Chief Executive Officer$517,250$0$170,998$0$84,485$0$25,353$798,086

Totals as disclosed in each year's own compensation disclosure for Summit State Bank.

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The other named executive officers of Summit State Bank

Named executive officerRoleFY2024 total
Brian Reed this pagePresident and Chief Executive Officer$545,710
Genie Del SeccoExecutive Vice President and Chief Operating Officer$346,546
Brandy SeppiExecutive Vice President and Chief Lending Officer$334,065

The company's named executive officers for fiscal year 2024, and what it reported for each. See the full Summit State Bank compensation brief.

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The company page

Brian Reed's compensation sits inside Summit State Bank's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Summit State Bank (SSBI) compensation brief