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Pay vs Performance Disclosure
 6 Months Ended 12 Months Ended 27 Months Ended
Aug. 31, 2021
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
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 officer (“PEO”) 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
($)
  
 2024
  
 
—
 
  
 
—
 
  
 
2,414,673
 
  
 
—
 
  
 
—
 
  
 
2,601,213
 
  
 
910,750
 
  
 
952,581
 
  
 
116.09
 
  
 
128.85
 
  
 
131.3
 
  
 
9.9
% 
 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—2024
 
David G. Antolik
   Mark Kochvar   Mark Kochvar
Mark Kochvar
   LaDawn D. Yesho   David G. Antolik
George Basara
   Charles B. Carroll, Jr.   Stephen A. Drahnak
Ernest J. Draganza
   George Basara   LaDawn D. Yesho
Rebecca A. Stapleton
    
David P. Ruddock
  
 
  
 
 
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
($)
  
2024
     2,414,673       —       (913,904 )      —       1,100,444       2,601,213  
 
  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
($)
  
2024
     910,750       —       (224,395 )      —       266,226       952,581  
 
Pay Versus Performance Disclosure
 
The
amounts
in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
 
  Year
  
Covered Year-
End Fair Value of
Equity Awards
Granted During
Covered Year
That Remained
Outstanding and
Unvested as of
Last Day of
Covered Year
for PEO 3
($)
    
Change in Fair
Value as of
Covered Year End
(as compared to
Prior Year End) of
Equity Awards
Granted Prior to
Covered Year and
Outstanding and
Unvested as of
Covered
Year-End
for PEO 3
($)
    
Change in Fair
Value as of
Vesting Date (as
compared to Prior
Year End) of
Equity Awards
Granted Prior to
Covered Year
that Vested
During Covered
Year
for PEO 3
($)
    
Total-Inclusion of
Equity Values for
PEO 3
($)
  
2024
     980,001       129,949       (9,506 )      1,100,444  
 
  Year
  
Covered Year-
End Fair Value of
Equity Awards
Granted During
Covered Year
That Remained
Outstanding and
Unvested as of
Last Day of
Covered Year
for
Non-PEO

NEOs
($)
    
Average Change
in Fair Value as of
Covered Year End
(as compared to
Prior Year End) of
Equity Awards
Granted Prior to
Covered Year and
Outstanding and
Unvested as of
Covered Year-
End for
Non-PEO

NEOs
($)
    
Change in Fair
Value as of
Vesting Date (as
compared to Prior
Year End) of
Equity Awards
Granted Prior to
Covered Year
that Vested
During Covered
Year for
Non-PEO

NEOs
($)
    
Total—Average
Inclusion of
Equity Values for
Non-PEO
NEOs
($)
  
2024
     240,625       31,962       (6,361 )      266,226  
 
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, 2024. 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 PEO and
Non-PEO
NEOs in 2024.
         
Company Selected Measure Name   Return on Average Equity          
Named Executive Officers, Footnote  
 
2020
 
  
 
2021
 
  
 
2022—2024
 
David G. Antolik
   Mark Kochvar   Mark Kochvar
Mark Kochvar
   LaDawn D. Yesho   David G. Antolik
George Basara
   Charles B. Carroll, Jr.   Stephen A. Drahnak
Ernest J. Draganza
   George Basara   LaDawn D. Yesho
Rebecca A. Stapleton
    
David P. Ruddock
  
 
  
 
          
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, 2024. 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.
         
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
($)
  
2024
     2,414,673       —       (913,904 )      —       1,100,444       2,601,213  
 
  Year
  
Covered Year-
End Fair Value of
Equity Awards
Granted During
Covered Year
That Remained
Outstanding and
Unvested as of
Last Day of
Covered Year
for PEO 3
($)
    
Change in Fair
Value as of
Covered Year End
(as compared to
Prior Year End) of
Equity Awards
Granted Prior to
Covered Year and
Outstanding and
Unvested as of
Covered
Year-End
for PEO 3
($)
    
Change in Fair
Value as of
Vesting Date (as
compared to Prior
Year End) of
Equity Awards
Granted Prior to
Covered Year
that Vested
During Covered
Year
for PEO 3
($)
    
Total-Inclusion of
Equity Values for
PEO 3
($)
  
2024
     980,001       129,949       (9,506 )      1,100,444  
          
Non-PEO NEO Average Total Compensation Amount   $ 910,750 $ 848,462 $ 941,388 $ 621,526 $ 961,977  
Non-PEO NEO Average Compensation Actually Paid Amount   $ 952,581 763,056 997,835 616,621 600,989  
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
($)
  
2024
     910,750       —       (224,395 )      —       266,226       952,581  
  Year
  
Covered Year-
End Fair Value of
Equity Awards
Granted During
Covered Year
That Remained
Outstanding and
Unvested as of
Last Day of
Covered Year
for
Non-PEO

NEOs
($)
    
Average Change
in Fair Value as of
Covered Year End
(as compared to
Prior Year End) of
Equity Awards
Granted Prior to
Covered Year and
Outstanding and
Unvested as of
Covered Year-
End for
Non-PEO

NEOs
($)
    
Change in Fair
Value as of
Vesting Date (as
compared to Prior
Year End) of
Equity Awards
Granted Prior to
Covered Year
that Vested
During Covered
Year for
Non-PEO

NEOs
($)
    
Total—Average
Inclusion of
Equity Values for
Non-PEO
NEOs
($)
  
2024
     240,625       31,962       (6,361 )      266,226  
          
Compensation Actually Paid vs. Total Shareholder Return  
Relationship Between PEO and
Non-PEO
NEO Compensation Actually Paid and 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 five most recently completed fiscal years, and the Peer Group TSR over the same period.
 
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 five 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 five most recently completed fiscal years.
 
 
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 PEO and other NEOs for 2024 to Company performance. The measures in this table are not ranked.
 
 
Return on Average Equity
EPS
Relative TSR
 
          
Total Shareholder Return Amount   $ 116.09 97.79 95.79 85.06 64.6  
Peer Group Total Shareholder Return Amount   128.85 106.87 110.67 132.19 92.5  
Net Income (Loss)   $ 131,300,000 $ 144,800,000 $ 135,500,000 $ 110,300,000 $ 21,000,000  
Company Selected Measure Amount   9.9 11.8 11.5 9.3 1.8  
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 $ 0 $ 823,834 $ 1,700,525  
PEO Actually Paid Compensation Amount   0 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 0 1,215,680 0  
PEO Actually Paid Compensation Amount   0 0 0 1,461,391 0  
PEO Name David G. Antolik            
Christopher J [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount   2,414,673 2,089,129 2,508,806 887,244 0  
PEO Actually Paid Compensation Amount   $ 2,601,213 $ 2,211,359 $ 2,437,641 $ 902,948 $ 0  
PEO Name   Christopher J. McComish          
PEO | Inclusion of Equity Values [Member]              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   $ 1,100,444          
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   980,001          
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   129,949          
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   (9,506)          
PEO | Christopher J [Member] | Exclusion of Change in Pension Value [Member]              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   0          
PEO | Christopher J [Member] | Exclusion of Stock Awards [Member]              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   (913,904)          
PEO | Christopher J [Member] | Inclusion of Pension Service Cost [Member]              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   0          
PEO | Christopher J [Member] | Inclusion of Equity Values [Member]              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   1,100,444          
Non-PEO NEO | Exclusion of Change in Pension Value [Member]              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   0          
Non-PEO NEO | Exclusion of Stock Awards [Member]              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   (224,395)          
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   266,226          
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   240,625          
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   31,962          
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   $ (6,361)