President and Chief Operating Officer of First Bank Richmond · Richmond Mutual Bancorporation, Inc. (RMBI)

Paul Witte

A named executive officer of Richmond Mutual Bancorporation in every fiscal year CompBrief holds from FY2023 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2024

$303,319

FY2023: $283,854

Compensation figures as of the proxy filed April 16, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Paul Witte compensation by year

Richmond Mutual Bancorporation Summary Compensation Table · all 2 fiscal years held
In US dollars, as Richmond Mutual Bancorporation reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024
Salary$223,000$242,308
Bonus$35,350$30,350
Stock awards$0$0
Option awards$0$0
Non-equity incentive$0$0
Pension and deferred compensation$0$0
All other$25,504$30,661
Total$283,854$303,319

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. Open the filing on EDGAR.

$284K
$303K
FY23
FY24
SalaryBonusAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU5,410$76,552—
Option13,526—$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

2 Form 4 lines since the FY2024 proxy (filed April 16, 2025)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2025-07-15Grant or award—7,947$0.0040,000
2025-07-15Grant or award derivative—2,520$0.002,520

The 2 most recent of 2 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 KleerChairman, President and CEO of the Company; Chairman and CEO of First Bank Richmond$728,330
Paul Witte · this pagePresident and Chief Operating Officer of First Bank Richmond$303,319
Dean WeinertPresident of Mutual Federal, a division of First Bank Richmond$291,798

The full Richmond Mutual Bancorporation compensation record

free company brief

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.

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