2020 Bank Compensation Survey

Bank Director Magazine, Sponsored by Compensation Advisors

Major points on CEO Compensation

Bank CEO Compensation increases in the latest survey.  More community banks are paying additional compensation in the form of cash and stock or equity grants. Cash Incentives amount to 20% of base in smaller banks and Equity grants are close behind at 18% of base to a high of 45% to 50% of base in banks $1-$10 billion in assets.

 

Banks less than $250 Million in Assets

Salary $200,000

Total Compensation $251,000

Median Cash Incentive $45,000 or 20% of base compensation

Median Equity grants $35,000 or 18% of base

Benefits and Perks $21,500 or 10% of base

Banks $250-500 Million in Assets

Salary $250,000

Total Compensation $340,000

Median Cash Incentives $70,000 or 28% of base compensation

Median Equity grants $51,000 or 20% of base

Benefits and Perks $25,000 or 10% of base

Banks $500 Million to $1 Billion in Assets

Salary $330,000

Total Compensation $495,000

Median Cash Incentives $82,000 or 25% of base compensation

Median Equity grants $64,000 or 19% of base

Benefits and Perks $37,000 or 11% of base

Banks $1 Billion to $10 Billion in Assets

Salary $495,000

Total Compensation $1,000,000

Median Cash Incentives $225,000 or 45% of base compensation

Median Equity grants $250,000 or 50% of base

Benefits and Perks $50,000 or 10% of base

Banks Greater than $10 Billion in Assets

Salary $815,000

Total Compensation $3,600,000

Median Cash Incentives $800,000 or 22% of base compensation

Median Equity grants $1,275,000 or 35% of base

Benefits and Perks $140,000 or 4% of base

Public Banks

Salary $486,000

Total Compensation $1,055,000

Median Cash Incentives $240,000 or 49% of base compensation

Median Equity grants $240,000 or 49% of base

Benefits and Perks $55,000 or 11% of base

Non-Public or Private Banks

Salary $270,000

Total Compensation $380,000

Median Cash Incentives $80,000 or 30% of base compensation

Median Equity grants $75,000 or 28% of base

Benefits and Perks $24,000 or 9% of base

 

Numbers and percentages are rounded for comparison