Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2005-03-15 | Larry G. DillonChairman/President/Chief ExecutiveOfficer 2004 Salary $202,000 |
| 2006-03-15 | Larry G. Dillon (53) Chairman, President and Chief Executive Officer of the Corporation and the Bank |
| 2007-03-15 | Larry G. Dillon (54) Chairman, President and Chief Executive Officer, Total compensation $424,277 |
| 2009-03-16 | Larry G. Dillon (56) Chairman, President and Chief Executive Officer of the Corporation and the Bank |
| 2010-03-15 | Larry G. Dillon, Chairman, President and Chief Executive Officer. Director Compensation Table notes he is an employee and receives no compensation for director services. Summary Compensation Table for 2009 shows total compensation of $425,579. |
| 2011-03-15 | Larry G. Dillon, the Corporation's Chairman of the Board, President and Chief Executive Officer. Summary Compensation Table for 2010 shows total compensation of $546,647. |
| 2012-03-15 | Mr. Dillon is the Chairman, President and Chief Executive Officer of the Corporation and the Bank. Mr. Dillon has worked for the Corporation and the Bank for over 34 years. He has been President and Chief Executive Officer since 1989 and Chairman since 1998. |
| 2013-03-15 | Mr. Dillon is the Chairman, President and Chief Executive Officer of the Corporation and the Bank. |
| 2014-03-17 | Larry G. Dillon, the Corporation's Chairman of the Board, President and Chief Executive Officer is not included in this table as he is an employee of the Corporation and thus receives no compensation for his services as a director. The compensation received by Mr. Dillon as an employee of the Corporation is shown in the Summary Compensation Table on page 27. |
| 2015-03-20 | Mr. Dillon is the Chairman and Chief Executive Officer of the Corporation and the Bank. Mr. Dillon has worked for the Corporation and the Bank for over 37 years. He has been Chief Executive Officer since 1989 and Chairman since 1998. |
| 2016-03-15 | Larry G. Dillon Director since 1989 Age 63 Mr. Dillon is the Chairman and Chief Executive Officer of the Corporation and the Bank. Mr. Dillon is an employee and receives no compensation for service as a director. |
| 2017-03-15 | Larry G. Dillon, the Corporation’s Chairman of the Board and Chief Executive Officer, and Thomas F. Cherry, the Corporation’s President and Secretary, are not included in this table. Both are employees of the Corporation and thus receive no compensation for service as a director. The compensation received by Mr. Dillon and Mr. Cherry as employees of the Corporation is shown in the Summary Compensation Table on page 33. |
| 2018-03-15 | Mr. Dillon is the Chairman and Chief Executive Officer of the Corporation and the Bank. Mr. Dillon has worked for the Corporation and the Bank for over 40 years. He has been Chief Executive Officer since 1989 and Chairman since 1998. |
| 2019-03-08 | Larry G. Dillon1Director since 1989Age 66 Mr. Dillon is the Executive Chairman of the Boards of Directors of the Corporation and the Bank. Mr. Dillon has worked for the Corporation and the Bank for over 41 years and has been Chairman since 1998. He served as Chief Executive Officer from 1989 until December 31, 2018, and as President from 1989 until December 2014. Prior to becoming President and Chief Executive Officer, Mr. Dillon served in several capacities including Chief Operating Officer and Commercial Lending Officer. Mr. Dillon is well versed in all business and operational aspects of the Corporation and the Bank and has the strong leadership qualities that are necessary to lead the Board and Corporation as a whole. In addition to his duties at the Corporation and the Bank, Mr. Dillon has served as president of the Virginia Bankers Association and has served on several committees within that organization. Mr. Dillon has served as a leader in several community organizations in communities served by the Bank. Prior to joining the Bank, Mr. Dillon worked for the State Corporation Commission Bureau of Financial Institutions. All of these experiences provide Mr. Dillon with valuable insights for leading a community bank and serving on the Corporation’s Board. |
| 2020-03-13 | Mr. Dillon is the Executive Chairman of the Boards of Directors of the Corporation and the Bank. He is an employee and receives no compensation for service as a director. His compensation as an executive is detailed in the Summary Compensation Table. |
| 2021-03-12 | Mr. Dillon is the Executive Chairman of the Boards of Directors of the Corporation and the Bank. Mr. Dillon has worked for the Corporation and the Bank for over 43 years and has been Chairman since 1998. He served as Chief Executive Officer from 1989 until December 31, 2018, and as President from 1989 until December 2014. |
| 2022-03-11 | Mr. Dillon is the Executive Chairman of the Boards of Directors of the Corporation and the Bank. Mr. Dillon has worked for the Corporation and the Bank for over 44 years and has been Chairman since 1998. He served as Chief Executive Officer from 1989 until December 31, 2018, and as President from 1989 until December 2014. Prior to becoming President and Chief Executive Officer, Mr. Dillon served in several capacities including Chief Operating Officer and Commercial Lending Officer. Mr. Dillon is well versed in all business and operational aspects of the Corporation and the Bank and has the strong leadership qualities that are necessary to lead the Board and Corporation as a whole. |
| 2023-03-10 | Larry G. Dillon Director since 1989 Age 70 Mr. Dillon is the Executive Chairman of the Boards of Directors of the Corporation and the Bank. ... Mr. Dillon, the Corporation’s Executive Chairman of the Board, and Mr. Cherry, the Corporation’s President and CEO, are not included in this table. Both are employees of the Corporation and thus receive no compensation for service as a director. The compensation received by Messrs. Dillon and Cherry as employees of the Corporation is shown in the Summary Compensation Table on page 42. Summary Compensation Table ... Larry G. Dillon total compensation 450,704. |
| 2024-03-08 | Mr. Dillon is the Executive Chairman of the Boards of Directors of the Corporation and the Bank. Mr. Dillon has worked for the Corporation and the Bank for over 46 years and has been Chairman since 1998. He served as Chief Executive Officer from 1989 until December 31, 2018, and as President from 1989 until December 2014. Mr. Dillon's compensation as executive officer is shown in the Summary Compensation Table on page 43. He receives no additional compensation for services provided as a director. |
| 2025-03-07 | Larry G. Dillon Director since 1989 Age 72 Mr. Dillon is the Executive Chairman of the Boards of Directors of the Corporation and the Bank. Mr. Dillon has worked for the Corporation and the Bank for over 47 years and has been Chairman since 1998. He served as Chief Executive Officer from 1989 until December 31, 2018, and as President from 1989 until December 2014. Mr. Dillon is compensated for his service as Executive Chairman of the Board. For 2024, he received base salary of $250,000; short-term cash incentive compensation of $40,000; long-term equity incentive compensation of approximately $50,000; actuarial increase of $37,150 in retirement benefits; contributions to defined contribution plans of $40,000; and perquisites. Total compensation is approximately $380,000. |
Data sourced from SEC filings. Last updated: 2026-02-03