Michael Mayer compensation by year
First Bancorp Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $425,000 | $446,875 | $487,500 | $544,230 | $558,654 | $616,346 | $713,462 | $765,385 | $775,000 | $650,000 |
| Bonus | $0 | $250,000 | $150,000 | $0 | $75,000 | $150,000 | $0 | $0 | $142,860 | $0 |
| Stock awards | $160,501 | $279,450 | $298,500 | $392,700 | $488,510 | $603,937 | $966,969 | $789,225 | $658,760 | $0 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $75,501 | $99,450 | $98,500 | $117,700 | $158,510 | $228,938 | $350,719 | $130,490 | $486,506 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $15,065 | $21,725 | $26,362 | $29,007 | $36,455 | $45,717 | $58,902 | $78,913 | $64,668 | $77,555 |
| Total | $676,067 | $1,097,500 | $1,060,862 | $1,083,637 | $1,317,129 | $1,644,938 | $2,090,052 | $1,764,013 | $2,127,794 | $727,555 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: First Bancorp DEF 14A filed March 19, 2026, accession 0000811589-26-000062, and prior-year filings.
How this page was built: the First Bancorp filed document, accession 0000811589-26-000062. Every figure is read from that document and cited to the page and table it appears in. Filed March 19, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 21,188 | $1,076,139 | — |
| RSU | 16,606 | $843,419 | — |
| RSU | 1,233 | $62,624 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in First Bancorp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
First Bancorp’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Gregory Currie | Chief Executive Officer and President of First Bank | $1,914,798 |
| Richard Moore | Chief Executive Officer | $1,639,497 |
| Elizabeth Bostian | Executive Vice President and Chief Financial Officer of the Company and First Bank | $1,044,928 |
| Christian Wilson | Chief Operating Officer of the Company and First Bank | $795,682 |
| Michael Mayer · this page | President of the Company | $727,555 |
Board service
First Bancorp board · FY2024–FY2025| Fiscal year | Cash fees | Stock awards | Option awards | Other | Total |
|---|---|---|---|---|---|
| FY2025 | $0 | $0 | $0 | $0 | — |
| FY2024 | $0 | $0 | $0 | $64,668 | $64,668 |
Each year as the company reported it in First Bancorp's director compensation table. Totals are the company's own disclosed totals.
How this board is paid
Company policy: First Bancorp pays directors a $37,500 cash retainer and $37,500 in Common Stock. As stated in First Bancorp's FY2025 proxy.
Committees
Risk Committee
Michael Mayer's compensation dossier, First Bancorp
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Peer companies
named in the First Bancorp proxy · each links to its own free briefCompensation, 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 First Bancorp'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.