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BNC Bancorp Message Board

  • runner6000 runner6000 Apr 11, 2012 1:14 PM Flag

    Bunch of Thieves!!!

    The CEO of High Point-based Bank of North Carolina saw his pay go up last year.

    W. Swope Montgomery received total compensation of $808,750 in 2011, an increase from $672,937 in 2010, according to the company’s latest proxy statement filed with the SEC.

    That increase included a salary bump from $409,008 to $439,639. Montgomery also received stock awards worth $73,040 in 2011, after having received none in 2010.

    Bank of N.C. parent company BNC Bancorp earned net income of $6.9 million in 2011, down from $7.7 million in 2010.

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