KFFB » Topics » Committee Procedures

This excerpt taken from the KFFB DEF 14A filed Oct 12, 2007.

Committee Procedures

     The Compensation Committee reviewed compensation packages as publicly reported in the proxy statements of similarly sized, publicly-traded thrifts in Kentucky and surrounding states. The intent was to compare the compensation of the three Named Executive Officers to their counterparts at these peer companies. In general, it was found that the compensation package was within the ranges found among these peers. The companies that were surveyed for setting executive compensation for fiscal 2008 included Jefferson Bancshares (JFBI), Cheviot Financial (CHEV.OB), AJS Bancorp (AJSB), Park Bancorp (PFED), First Trust Corp (FBTC), Liberty Bancorp (LBCP), Central Federal Corp. (CFBK), AMB Financial (AMFC.OB), First Franklin (FFHS), First Bancshares (FBSI), Blue River Bancshares (BRBI.PK), River Valley Bancorp (RIVR), Ottawa Savings Bancorp (OTTW.OB), Ben Franklin Financial (BFFI), Jacksonville Bancorp (JXSB), FFD Financial (FFDF), and First Bancorp of Indiana (FBEI).

     The Committee has not utilized compensation consultants or other experts in the field, but has the right to do so in the future under its charter.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki