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.

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Total disclosed compensation, FY2024

$303,319

FY2023: $283,854

2nd 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 March 23, 2026 (10-K).

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Paul Witte compensation by year

Richmond Mutual Bancorporation Summary Compensation Table · all 3 fiscal years held
In US dollars, as Richmond Mutual Bancorporation reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$223,000$242,308$255,192
Bonus$35,350$30,350$40,350
Stock awards$0$0$106,251
Option awards$0$0$7,308
Non-equity incentive$0$0$0
Pension and deferred compensation$0$0$0
All other$25,504$30,661$32,261
Total$283,854$303,319$441,362

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. 10-K filed March 23, 2026, accession 0001628280-26-020414, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Richmond Mutual Bancorporation, Inc. filed document, accession 0001628280-26-020414. Every figure is read from that document and cited to the page and table it appears in. Filed March 23, 2026.

$284K
$303K
$441K
FY23
FY24
FY25
SalaryBonusStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU7,947$111,576—
Option2,520—$13.37

Per the Outstanding Equity Awards at Fiscal Year-End table in Richmond Mutual Bancorporation, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

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

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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.

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Paul Witte's compensation dossier