MICHAEL J. CASALE, JR. - Corporate Board Profile

PENNS WOODS BANCORP INC

Filing Date	Source Excerpt
2004-03-15	Michael J. Casale, Jr. is a nominee for Class 1 Director and serves on the Building, Executive, and Compensation & Benefits Committees. All directors of the Bank receive $650.00 for each meeting of the Board of Directors and $300.00 for each committee meeting of the Board of Directors of the Bank. A $3,000 retainer fee was also paid to each Director of the Corporation during 2003.
2007-03-20	Michael J. Casale, Jr. $ 26,400 Fees Paid in Cash, $ 379 All Other Compensation, Total $ 26,779
2008-03-25	All Directors of the Bank received $800 for each meeting of the Board of Directors, $500 for each Audit or Asset Liability Committee meeting, and $400 for all other committee meetings of the Board of Directors of the Bank held during 2007. A $7,000 retainer fee was also paid to each Director of the Corporation during 2007. In addition, Directors receive compensation for accompanying an officer on property appraisals at a rate of $20 for the first hour and $10 for each subsequent hour. The Secretary of the Board of Directors also receives $150 for each Board meeting. In the aggregate, the Board of Directors earned $254,400 for all Board of Directors meetings and committee meetings of the Bank attended. This total also includes the total received for appraisals, and the secretarial function. A portion of fees earned was used to fund a deferred compensation plan for the Directors who participated in the plan.
2009-03-24	Michael J. Casale, Jr. received $27,600 in fees and $23 in all other compensation, totaling $27,623. He is a member of the Compensation and Benefits Committee.
2010-03-24	Michael J. Casale, Jr. is a partner in the law firm of Casale & Bonner PC. Mr. Casale has served as a director of the Corporation since 1999. ... The Committee is comprised of five (5) independent directors under the requirements set forth in the NASDAQ listing standards. The members of the Committee are: Michael J. Casale Jr., H. Thomas Davis, Jr., D. Michael Hawbaker, R. Edward Nestlerode Jr., and James E. Plummer. ... The Corporation paid an $8,000 retainer fee to each Director of the Corporation during 2009. All directors of the Bank received $800 for each meeting of the Board of Directors of the Bank, $500 for each Audit or Asset Liability Committee meeting, and $400 for all other committee meetings of the Board of Directors of the Bank that the director attended during 2009. ... Director Compensation Table shows Michael J. Casale, Jr. received $28,400 in fees.
2011-03-22	Michael J. Casale, Jr. is a partner in the law firm of Casale & Bonner, PC. Mr. Casale has served as a director of the Corporation since 1999. ... The Committee is comprised of five (5) independent directors under the requirements set forth in the NASDAQ listing standards. The members of the Committee are: Michael J. Casale, Jr., H. Thomas Davis, Jr., D. Michael Hawbaker, R. Edward Nestlerode, Jr., and James E. Plummer. ... Director Compensation Table: Michael J. Casale, Jr. $33,700.
2012-03-21	Michael J. Casale, Jr. is the principal of Michael J. Casale, Jr., Esq., LLC. Mr. Casale has served as a director of the Corporation since 1999. ... Director Compensation Table shows Michael J. Casale, Jr. received $37,200 in fees.
2014-03-27	Michael J. Casale, Jr. is the principal of Michael J. Casale, Jr., Esq., LLC. Mr. Casale has served as a director since 1999. Because banking is a highly regulated industry and success in the industry is dependent on adequately managing certain lending risks, Mr. Casale’s experience as an attorney is helpful to the board in reviewing the Corporation’s legal matters and documentation related to commercial lending matters.
2015-03-25	Michael J. Casale, Jr. is the principal of Michael J. Casale, Jr., Esq., LLC. Mr. Casale has served as a director since 1999. Because banking is a highly regulated industry and success in the industry is dependent on adequately managing certain lending risks, Mr. Casale’s experience as an attorney is helpful to the board in reviewing the Corporation’s legal matters and documentation related to commercial lending matters.
2016-03-23	Michael J. Casale, Jr. is the principal of Michael J. Casale, Jr., Esq., LLC. Mr. Casale has served as a director since 1999. Because banking is a highly regulated industry and success in the industry is dependent on adequately managing certain lending risks, Mr. Casale’s experience as an attorney is helpful to the board in reviewing the Corporation’s legal matters and documentation related to commercial lending matters.
2017-03-24	Michael J. Casale, Jr. is the principal of Michael J. Casale, Jr., Esq., LLC. ... Members of the Compensation Committee include Michael J. Casale, Jr. ... Michael J. Casale, Jr. $53,000 total compensation.
2018-03-23	Michael J. Casale, Jr. is the principal of Michael J. Casale, Jr., LLC. Mr. Casale has served as a director since 1999. Because banking is a highly regulated industry and success in the industry is dependent on adequately managing certain lending risks, Mr. Casale’s legal, business, and real estate experience is helpful to the board in reviewing the Corporation’s legal matters and documentation related to commercial lending matters.
2019-03-22	Michael J. Casale, Jr. (age 67) ... Mr. Casale’s legal, business, and real estate experience is helpful to the board ... The board of directors maintained the following standing committees for 2018 ... COMPENSATION: Michael J. Casale, Jr. ... AUDIT: Michael J. Casale, Jr. ... ASSET LIABILITY COMMITTEE: Michael J. Casale, Jr. ... EXECUTIVE: Michael J. Casale, Jr. ... NOMINATING AND CORPORATE GOVERNANCE: Michael J. Casale, Jr. ... Director Compensation Table ... Michael J. Casale, Jr. $60,500.
2020-03-23	Michael J. Casale, Jr. is Vice Chairman of the Board of the Corporation, Chairman of the Board of Jersey Shore State Bank, and is the principal of Michael J. Casale, Jr., Esq., LLC. Mr. Casale has served as a director since 1999.
2021-03-23	Michael J. Casale, Jr. is Vice Chairman of the Board of the Corporation, Chairman of the Board of Jersey Shore State Bank, and is the principal of Michael J. Casale, Jr., Esq., LLC. Mr. Casale has served as a director since 1999.
2022-03-24	Michael J. Casale, Jr. is Vice Chairman of the Board of the Corporation, Chairman of the Board of Jersey Shore State Bank, and is the principal of Michael J. Casale, Jr., Esq., LLC. Mr. Casale has served as a director since 1999. Because banking is a highly regulated industry and success in the industry is dependent on adequately managing certain lending risks, Mr. Casale’s legal, business, and real estate experience is helpful to the board in reviewing the Corporation’s legal matters and documentation related to commercial lending matters.
2022-09-06	Michael J. Casale, Jr. Chairman of the Board of JSSB, Principal, Michael J. Casale, Jr., Esq., LLC
2023-03-24	Michael J. Casale, Jr. is Vice Chairman of the Board of the Corporation, Chairman of the Board of Jersey Shore State Bank, and is the principal of Michael J. Casale, Jr., Esq., LLC. Director Compensation Table shows total compensation of $63,000 for 2022.
2024-03-26	Michael J. Casale, Jr. is Vice Chairman of the Board and principal of a law firm.