Steele Bancorp sets new supplemental retirement plan for executive Todd Troxell at 45,600 a year

• Steele Bancorp’s Central Penn Bank & Trust signed a new supplemental executive retirement agreement with J. Todd Troxell on Aug. 28, 2026.
• Troxell’s normal retirement benefit set at $45,600 a year, paid monthly over 15 years starting after age 65.
• Amendments lifted normal retirement benefits for CEO Jeffrey J. Kapsar to $157,000 from $114,000.
• CFO Thomas C. Graver Jr.’s benefit increased to $117,000 from $71,000; COO Thomas L Eberhart’s to $79,000 from $55,000.
• Changes also reset early termination, disability, death, change-in-control benefits, tied to updated vesting schedules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Steele Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-029132), on August 28, 2026, and is solely responsible for the information contained therein.