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