Jared Green

About Jared Green

Jared Green (44) serves as Regional President, East Texas, at Southside Bank, a role he has held since 2020; previously he was Executive Vice President, Commercial Banking from 2013–2020 . He holds a BBA from Baylor University and a Master’s in Finance from The University of Texas at Dallas, with over 20 years of commercial banking experience; his remit includes strategic planning, coordination and implementation of lending operations across East and Southeast Texas . He serves on the Boards of Trustees for The Brook Hill School and Willow Brook Country Club . Company performance context for FY2024: ROAE 11.03%, ROA 1.06%, net income +$1.8m (+2.1% YoY), diluted EPS +$0.09 (+3.2% YoY), loans +3.0%, deposits +1.6%, and NPAs at 0.04% of assets .

Past Roles

External Roles

Fixed Compensation

• Not disclosed: Jared Green is an executive officer but not a Named Executive Officer (NEO); the proxy’s Summary Compensation Table covers NEOs only and does not include Jared .

Performance Compensation

• Participation not specifically disclosed for Jared. Company-wide executive incentive frameworks (applied to NEOs) provide useful context for pay-for-performance alignment:

Annual Incentive Program (AIP) — 2024 (NEO framework)

• NEO metric weights: EPS 40%, Loan Growth 15% (except CCO), ROATCE 20–15%, NPAs 20% (CCO), Qualitative 25%; target bonus as % of base: CEO 50%, CFO 42.5%, CCO 40%, COO 37.5%, President 45% .

Long-term Equity Incentives (NEOs)

• Structure: 50% PSUs, 50% RSUs under the 2017 Incentive Plan; RSUs vest in equal annual installments over 3 years; PSUs cliff-vest at 3 years .
• PSU performance: Company ROATCE percentile vs KBW Nasdaq Regional Bank Index (KRX); 25th percentile=50% payout, 50th=100%, 75th+=150%; straight-line interpolation; below 25th=0% .

Equity Ownership & Alignment

• Anti-hedging and anti-pledging: Executives, directors, and equity grantees are prohibited from hedging, shorting, or pledging company securities; margin accounts are barred .
• Executive stock ownership policy: “Other Executive Officers” must hold Company stock valued at one-half their base salary (achieve within seven years); counts RSUs and owned shares but excludes unexercised options and unearned PSUs .
• Risk governance participation: Jared is listed among officers serving on the Investment/Asset-Liability Committee (ALCO), which oversees asset/funding mix, ALM policies, and investment policies—supporting alignment with balance sheet and risk management priorities .

Employment Terms

• No individual employment agreement disclosed for Jared. Employment agreements and severance/change-in-control terms are disclosed for specified NEOs (CEO, CFO, CCO, COO, President), not for Jared .
• Compensation recoupment (clawback): Company policy compliant with NYSE/SEC Rule 10D-1 allows recovery of incentive-based compensation (and service-based where applicable) in restatements or misconduct cases .

Investment Implications

• Alignment: Mandatory executive ownership guidelines (0.5x base for other executive officers), plus strict anti-hedging/anti-pledging, reduce misalignment and selling pressure risks from margin calls .
• Performance linkage: Company’s incentive architecture ties payouts to EPS, ROATCE, NPAs, and loan growth; in 2024 EPS/ROATCE exceeded targets while NPAs were well below thresholds, reinforcing risk-disciplined growth orientation .
• Retention: Absence of a disclosed individual employment agreement for Jared suggests standard executive policies apply without bespoke severance economics; clawback and ownership retention requirements add retention and compliance pressure .
• Execution context: Jared’s remit over East/Southeast Texas lending and ALCO involvement indicate direct influence on credit growth and asset-liability discipline—key levers for regional bank value creation in spread/composition-driven environments .