Bank Directors Seminar, Coeur d'Alene, ID

• Assumptions – Officer

Age 37

– Current Salary

$125,000

– Projected Age 65 Salary $286,000 – Annual SERP Benefit Formula 35% of final salary – Annual SERP Amount

$100,000/year for 15 years

This is a hypothetical illustration and is for informational purposes only.

©2018Equias Alliance, an NFP Company

9 SERP/SCP Example (cont.) Annual Age Ben fit 50 $30,800 55 $48,800 60 $72,000 65 $100,000

The plan can provide that the vested annual benefit is forfeited if the officer competes with the bank.

This is a hypothetical illustration and is for informational purposes only.

©2018Equias Alliance, an NFP Company

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