Chairman, President and CEO of the Company; Chairman and CEO of First Bank Richmond · Richmond Mutual Bancorporation, Inc. (RMBI)

Garry Kleer

A named executive officer of Richmond Mutual Bancorporation in every fiscal year CompBrief holds from FY2018 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2024

$728,330

FY2023: $768,531

1st of 3 named executive officers at Richmond Mutual Bancorporation by FY2024 total.

3 named officers on file for Richmond Mutual Bancorporation, FY2024

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What this number hides

The filing gives the total. Richmond Mutual Bancorporation’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 16, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-06.

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Garry Kleer compensation by year

Richmond Mutual Bancorporation Summary Compensation Table · all 7 fiscal years held
In US dollars, as Richmond Mutual Bancorporation reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2018FY2019FY2020FY2021FY2022FY2023FY2024
Salary$394,615$408,500$421,500$443,269$460,962$479,423$490,385
Bonus$31,900$41,950$32,550$53,100$112,850$200,350$145,350
Stock awards$0$0$911,582$0$0$0$0
Option awards$0$0$629,800$0$0$0$0
Non-equity incentive$0$0$0$0$0$0$0
Pension and deferred compensation$0$0$0$0$0$0$0
All other$47,893$61,242$78,859$145,873$100,023$88,758$92,595
Total$474,408$511,692$2,074,021$642,242$673,835$768,531$728,330

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Richmond Mutual Bancorporation, Inc. DEF 14A filed April 16, 2025, accession 0001140361-25-014130, and prior-year filings.

How this page was built: the Richmond Mutual Bancorporation, Inc. filed document, accession 0001140361-25-014130. Every figure is read from that document and cited to the page and table it appears in. Filed April 16, 2025.

$474K
$512K
$2.1M
$642K
$674K
$769K
$728K
FY18
FY19
FY20
FY21
FY22
FY23
FY24
SalaryBonusStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU17,314$244,993—
Option43,285—$10.53

Per the Outstanding Equity Awards at Fiscal Year-End table in Richmond Mutual Bancorporation, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

1 Form 4 line since the FY2024 proxy (filed April 16, 2025)
current to 2026-11-06 · updated nightly
DateTransactionPlanSharesPriceHeld after
2025-11-20Grant or award—51,253$0.00167,823

The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Richmond Mutual Bancorporation’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Garry Kleer · this pageChairman, President and CEO of the Company; Chairman and CEO of First Bank Richmond$728,330
Paul WittePresident and Chief Operating Officer of First Bank Richmond$303,319
Dean WeinertPresident of Mutual Federal, a division of First Bank Richmond$291,798

Board service

Richmond Mutual Bancorporation board · FY2021–FY2024

How this board is paid

Company policy: Richmond Mutual Bancorporation pays directors a $12,000 cash retainer. As stated in Richmond Mutual Bancorporation's FY2024 proxy.

The full Richmond Mutual Bancorporation compensation record

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This page is one person within Richmond Mutual Bancorporation's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Richmond Mutual Bancorporation's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Garry Kleer's compensation dossier