Bank Directors Seminar, Coeur d'Alene, ID

Plan Example #1

• Assumptions – Officer

Age 37 – Incentive Contribution (target) 8% of salary – Current Salary $125,000 – Crediting Rate ROE – Planned Retirement Age 65

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

13 Incentive Deferred Compensation Plan Example (cont.) Projected Account Age Balance 50 $274,000 55 $515,000 60 $898,000 65 $1,469,000 Projected Annual Benefit (15 years) $130,000 Total Benefits $1,950,000 The plan can provide that the account balance is forfeited if the officer competes with the bank.

©2018Equias Alliance, an NFP Company

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

©2018Equias Alliance, an NFP Company

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