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Pay vs Performance Disclosure
 6 Months Ended 12 Months Ended 27 Months Ended
Aug. 31, 2021
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Mar. 31, 2021
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table  
PAY VERSUS PERFORMANCE DISCLOSURE
In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officers (“PEOs”) and
Non-PEO
NEOs and Company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.
 
 Year
  
Summary
Compensation
Table Total for
PEO 1¹
($)
    
Summary
Compensation
Table Total for
PEO 2¹
($)
    
Summary
Compensation
Table Total for
PEO 3¹
($)
    
Compensation
Actually Paid
to PEO 1
1,2,3

($)
    
Compensation
Actually Paid
to PEO 2
1,2,3

($)
    
Compensation
Actually Paid
to PEO 3
1,2,3

($)
    
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs
1

($)
    
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
1,2,3

($)
    
Value of Initial
Fixed $100
Investment
based on:
4
    
Net
Income
($ Millions)
    
Return
on
Average
Equity
5
  
 
TSR
($)
    
Peer
Group
TSR
($)
  
 2023
  
 
—
 
  
 
—
 
  
 
2,089,129
 
  
 
—
 
  
 
—
 
  
 
2,211,359
 
  
 
848,462
 
  
 
763,056
 
  
 
97.79
 
  
 
106.87
 
  
 
144.8
 
  
 
11.8
% 
 2022
  
 
—
 
  
 
—
 
  
 
2,508,806
 
  
 
—
 
  
 
—
 
  
 
2,437,641
 
  
 
941,388
 
  
 
997,835
 
  
 
95.79
 
  
 
110.67
 
  
 
135.5
 
  
 
11.5
% 
 2021
  
 
823,834
 
  
 
1,215,680
 
  
 
887,244
 
  
 
681,430
 
  
 
1,461,391
 
  
 
902,948
 
  
 
621,526
 
  
 
616,621
 
  
 
85.06
 
  
 
132.19
 
  
 
110.3
 
  
 
9.3
% 
 2020
  
 
1,700,525
 
  
 
—
 
  
 
—
 
  
 
474,364
 
  
 
—
 
  
 
—
 
  
 
961,977
 
  
 
600,989
 
  
 
64.60
 
  
 
92.50
 
  
 
21.0
 
  
 
1.8
% 
 
1.
Todd D. Brice (“PEO 1”) was our PEO from January 2019 to March 2021. David G. Antolik (“PEO 2”) was our interim PEO from March 2021 to August 2021. Christopher J. McComish (“PEO 3”) has been our PEO since August 2021. The individuals comprising the
Non-PEO
NEOs for each year presented are listed below.
 
 
2020
 
  
 
2021
 
  
 
2022 — 2023
 
Mark Kochvar
   Mark Kochvar   Mark Kochvar
Ernest J. Draganza
   George Basara   David G. Antolik
George Basara
   Charles B. Carroll, Jr.   Stephen A. Drahnak
David P. Ruddock
   LaDawn D. Yesho   LaDawn D. Yesho
Rebecca A. Stapleton
    
David G. Antolik
  
 
  
 
 
2.
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
 
3.
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the
Non-PEO
NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table. Amounts in the Exclusion of Change in Pension Value column reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table. Amounts in the Inclusion of Pension Service Cost are based on the service cost for services rendered during the listed year and any prior service cost related to any plan amendment or initiation. (Because the pension plans are frozen there is no inclusion for Pension Service Cost.)
 
  Year
  
Summary
Compensation
Table Total for
PEO 3
($)
    
Exclusion of
Change in
Pension
Value for
PEO 3
($)
    
Exclusion of
Stock Awards
for PEO 3
($)
    
Inclusion of
Pension
Service Cost
for PEO 3
($)
    
Inclusion of
Equity
Values for
PEO 3
($)
    
Compensation
Actually Paid to
PEO 3
($)
  
2023
     2,089,129       —       (839,303 )      —       961,533       2,211,359  
 
  Year
  
Average Summary
Compensation
Table Total for
Non-PEO NEOs

($)
    
Average Exclusion
of Change in
Pension Value for
Non-PEO NEOs

($)
    
Average Exclusion
of Stock Awards
for Non-PEO

NEOs
($)
    
Average Inclusion
of Pension
Service Cost for
Non-PEO NEOs

($)
    
Average Inclusion
of Equity Values
for
Non-PEO

NEOs
($)
    
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
($)
  
2023
     848,462       (62,925 )      (196,968 )      —       174,487       763,056  
 
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
 
  Year
  
Year-End

Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
PEO 3
($)
    
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards for
PEO 3
($)
    
Vesting-
Date Fair
Value of
Equity
Awards
Granted
During Year
that Vested
During Year
for
PEO 3
($)
    
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Unvested
Equity
Awards
that Vested
During Year
for
PEO 3
($)
    
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
for
PEO 3
($)
    
Value of
Dividends or
Other
Earnings
Paid on
Equity
Awards Not
Otherwise
Included for
PEO 3
($)
    
Total -
Inclusion of
Equity
Values for
PEO 3
($)
  
2023
     788,540       182,857       —       (9,864 )      —       —       961,533  
 
  Year
  
Average
Year-End

Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Non-PEO

NEOs
($)
    
Average
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards for
Non-PEO

NEOs
($)
    
Average
Vesting-
Date Fair
Value of
Equity
Awards
Granted
During
Year that
Vested
During
Year for
Non-PEO

NEOs
($)
    
Average
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting
Date of
Unvested
Equity
Awards
that Vested
During Year
for
Non-PEO

NEOs
($)
    
Average Fair
Value at Last
Day of
Prior Year of
Equity
Awards
Forfeited
During Year
for Non-PEO

NEOs
($)
    
Average
Value of
Dividends or
Other
Earnings
Paid on
Equity
Awards Not
Otherwise
Included
for
Non-PEO

NEOs
($)
    
Total -
Average
Inclusion of
Equity
Values for
Non-PEO

NEOs
($)
  
2023
     195,827       18,967       —       (40,307 )      —       —       174,487  
 
4.
The Peer Group TSR set forth in this table utilizes the NASDAQ Bank Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation
S-K
included in our Annual Report for the year ended December 31, 2023. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the NASDAQ Bank Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
 
5.
We determined Return on Average Equity to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and
Non-PEO
NEOs in 2023. This performance measure may not have been the most important financial performance measure for prior years, and we may determine a different financial performance measure to be the most important financial performance measure in future years.
       
Company Selected Measure Name   Return on Average Equity        
Named Executive Officers, Footnote  
 
2020
 
  
 
2021
 
  
 
2022 — 2023
 
Mark Kochvar
   Mark Kochvar   Mark Kochvar
Ernest J. Draganza
   George Basara   David G. Antolik
George Basara
   Charles B. Carroll, Jr.   Stephen A. Drahnak
David P. Ruddock
   LaDawn D. Yesho   LaDawn D. Yesho
Rebecca A. Stapleton
    
David G. Antolik
  
 
  
 
        
Peer Group Issuers, Footnote  
4.
The Peer Group TSR set forth in this table utilizes the NASDAQ Bank Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation
S-K
included in our Annual Report for the year ended December 31, 2023. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the NASDAQ Bank Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
       
PEO Total Compensation Amount   $ 2,089,129        
PEO Actually Paid Compensation Amount   $ 2,211,359        
Adjustment To PEO Compensation, Footnote  
 
  Year
  
Summary
Compensation
Table Total for
PEO 3
($)
    
Exclusion of
Change in
Pension
Value for
PEO 3
($)
    
Exclusion of
Stock Awards
for PEO 3
($)
    
Inclusion of
Pension
Service Cost
for PEO 3
($)
    
Inclusion of
Equity
Values for
PEO 3
($)
    
Compensation
Actually Paid to
PEO 3
($)
  
2023
     2,089,129       —       (839,303 )      —       961,533       2,211,359  
 
 
  Year
  
Year-End

Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
PEO 3
($)
    
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards for
PEO 3
($)
    
Vesting-
Date Fair
Value of
Equity
Awards
Granted
During Year
that Vested
During Year
for
PEO 3
($)
    
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Unvested
Equity
Awards
that Vested
During Year
for
PEO 3
($)
    
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
for
PEO 3
($)
    
Value of
Dividends or
Other
Earnings
Paid on
Equity
Awards Not
Otherwise
Included for
PEO 3
($)
    
Total -
Inclusion of
Equity
Values for
PEO 3
($)
  
2023
     788,540       182,857       —       (9,864 )      —       —       961,533  
        
Non-PEO NEO Average Total Compensation Amount   $ 848,462 $ 941,388 $ 621,526 $ 961,977  
Non-PEO NEO Average Compensation Actually Paid Amount   $ 763,056 997,835 616,621 600,989  
Adjustment to Non-PEO NEO Compensation Footnote  
  Year
  
Average Summary
Compensation
Table Total for
Non-PEO NEOs

($)
    
Average Exclusion
of Change in
Pension Value for
Non-PEO NEOs

($)
    
Average Exclusion
of Stock Awards
for Non-PEO

NEOs
($)
    
Average Inclusion
of Pension
Service Cost for
Non-PEO NEOs

($)
    
Average Inclusion
of Equity Values
for
Non-PEO

NEOs
($)
    
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
($)
  
2023
     848,462       (62,925 )      (196,968 )      —       174,487       763,056  
 
 
  Year
  
Average
Year-End

Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Non-PEO

NEOs
($)
    
Average
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards for
Non-PEO

NEOs
($)
    
Average
Vesting-
Date Fair
Value of
Equity
Awards
Granted
During
Year that
Vested
During
Year for
Non-PEO

NEOs
($)
    
Average
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting
Date of
Unvested
Equity
Awards
that Vested
During Year
for
Non-PEO

NEOs
($)
    
Average Fair
Value at Last
Day of
Prior Year of
Equity
Awards
Forfeited
During Year
for Non-PEO

NEOs
($)
    
Average
Value of
Dividends or
Other
Earnings
Paid on
Equity
Awards Not
Otherwise
Included
for
Non-PEO

NEOs
($)
    
Total -
Average
Inclusion of
Equity
Values for
Non-PEO

NEOs
($)
  
2023
     195,827       18,967       —       (40,307 )      —       —       174,487  
        
Compensation Actually Paid vs. Total Shareholder Return  
Relationship Between PEO and
Non-PEO
NEO Compensation Actually Paid and Company Total Shareholder Return (“TSR”)
The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our
Non-PEO
NEOs, and the Company’s cumulative TSR over the four most recently completed fiscal years.
 
LOGO
       
Compensation Actually Paid vs. Net Income  
Relationship Between PEO and
Non-PEO
NEO Compensation Actually Paid and Net Income
The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our
Non-PEO
NEOs, and our net income during the four most recently completed fiscal years.
 
LOGO
       
Compensation Actually Paid vs. Company Selected Measure  
Relationship Between PEO and
Non-PEO
NEO Compensation Actually Paid and Return on Average Equity
The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our
Non-PEO
NEOs, and our Return on Average Equity during the four most recently completed fiscal years.
 
LOGO
       
Total Shareholder Return Vs Peer Group  
The following chart compares our cumulative TSR over the four most recently completed fiscal years to that of the NASDAQ Bank Index over the same period.
 
LOGO
       
Tabular List, Table  
Tabular List of Most Important Financial Performance Measures
The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEOs and
Non-PEO
NEOs for 2023 to Company performance. The measures in this table are not ranked.
 
LOGO
 
 
Return on Average Equity
EPS
Relative TSR
 
        
Total Shareholder Return Amount   $ 97.79 95.79 85.06 64.6  
Peer Group Total Shareholder Return Amount   106.87 110.67 132.19 92.5  
Net Income (Loss)   $ 144,800,000 $ 135,500,000 $ 110,300,000 $ 21,000,000  
Company Selected Measure Amount   0.118 0.115 0.093 0.018  
Measure:: 1            
Pay vs Performance Disclosure            
Name   Return on Average Equity        
Measure:: 2            
Pay vs Performance Disclosure            
Name   EPS        
Measure:: 3            
Pay vs Performance Disclosure            
Name   Relative TSR        
Todd D. Brice [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount   $ 0 $ 0 $ 823,834 $ 1,700,525  
PEO Actually Paid Compensation Amount   0 0 681,430 474,364  
PEO Name           Todd D. Brice
David G. Antolik [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount   0 0 1,215,680 0  
PEO Actually Paid Compensation Amount   0 0 1,461,391 0  
PEO Name David G. Antolik          
Christopher J [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount   2,089,129 2,508,806 887,244 0  
PEO Actually Paid Compensation Amount   $ 2,211,359 $ 2,437,641 $ 902,948 $ 0  
PEO Name   Christopher J. McComish        
PEO | Exclusion of Change in Pension Value [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   $ 0        
PEO | Exclusion of Stock Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (839,303)        
PEO | Inclusion of Pension Service Cost [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
PEO | Inclusion of Equity Values [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   961,533        
PEO | Year End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   788,540        
PEO | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   182,857        
PEO | Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
PEO | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (9,864)        
PEO | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
PEO | Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
PEO | Total Inclusion of Equity Values [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   961,533        
Non-PEO NEO | Exclusion of Change in Pension Value [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (62,925)        
Non-PEO NEO | Exclusion of Stock Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (196,968)        
Non-PEO NEO | Inclusion of Pension Service Cost [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
Non-PEO NEO | Inclusion of Equity Values [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   174,487        
Non-PEO NEO | Year End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   195,827        
Non-PEO NEO | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   18,967        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
Non-PEO NEO | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (40,307)        
Non-PEO NEO | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
Non-PEO NEO | Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
Non-PEO NEO | Total Inclusion of Equity Values [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   $ 174,487