The median increase in CEO pay was brisk at 11% in 2012, but slower than the median 16% increase in 2011. Click on column headers to sort.

Company Ticker CEO Tenure Base
salary ($)
Total
comp ($)
Change
from
2011 (%)
Change,
2010
to 2011 (%)
ROAA (%) Assets ($B) Total
return (%)
1st Source Corp. SRCE Christopher J. Murphy 33 690,869 1,541,486 -22.0 5.6 1.1 4.6 -10.2
American Express Co. AXP Kenneth I. Chenault 12 2,000,000 28,491,734 23.7 37.0 2.9 153.1 23.6
Ames National Corp. ATLO Thomas H. Pohlman 6 177,552 342,361 2.1 13.0 1.3 1.2 15.4
Arrow Financial Corp. AROW Thomas L. Hoy**** 16 415,000 1,216,144 31.6 -8.7 1.1 2.0 13.1
Associated Banc-Corp ASBC Philip B. Flynn 4 1,298,077 4,305,956 -14.1 -0.3 0.8 23.5 19.6
Astoria Financial Corp. AF Monte N. Redman 2 900,000 2,333,177 -48.1 19.5 0.3 16.5 13.4
Bancorp Inc. TBBK Betsy Z. Cohen 13 554,039 1,150,789 21.6 -49.6 0.5 3.7 51.7
BancorpSouth Inc. BXS James D. Rollins*** 1 26,923 2,667,960 NA NA 0.6 13.4 32.3
Bank Mutual Corp. BKMU Michael T. Crowley 13 720,800 2,038,217 -21.8 66.1 0.3 2.4 36.9
Bank of America Corp. BAC Brian T. Moynihan 3 950,000 8,321,300 2.9 316.9 0.2 2,210.0 109.8
Bank of Hawaii Corp. BOH Peter S. Ho 3 675,000 3,970,341 93.2 -26.4 1.2 13.7 3.0
Bank of Kentucky Financial Corp. BKYF Robert W. Zapp 19 493,510 843,496 52.0 16.3 1.0 1.8 26.5
Bank of Marin Bancorp BMRC Russell A. Colombo 7 318,270 809,241 13.0 13.1 1.3 1.4 1.5
Bank of New York Mellon Corp. BK Gerald L. Hassell 2 1,000,000 13,805,158 11.8 10.5 0.7 359.0 32.1
Bank of the Ozarks Inc. OZRK George Gleason 34 1,225,000 3,483,389 32.0 20.2 2.0 4.0 14.8
Banner Corp. BANR Mark J. Grescovich* 3 670,833 1,268,373 37.9 16.6 1.5 4.3 79.5
BB&T Corp. BBT Kelly S. King 4 979,813 11,708,334 57.0 -28.2 1.1 183.9 18.6
Beneficial Mutual Bancorp Inc. BNCL Gerard P. Cuddy 6 540,769 1,225,472 7.7 52.9 0.3 5.0 13.6
Berkshire Hills Bancorp Inc. BHLB Michael P. Daly 11 525,000 1,518,254 12.7 4.7 0.7 5.3 10.9
BofI Holding Inc. BOFI Gregory Garrabrants 6 375,000 1,372,880 -56.9 176.8 1.4 2.4 71.1
BOK Financial Corp. BOKF Stanley A. Lybarger 22 849,314 5,312,274 82.7 -56.4 1.3 28.1 3.6
Boston Private Financial Holdings Inc. BPFH Clayton G. Deutsch* 3 675,000 2,483,835 -12.3 -23.2 0.9 6.5 14.0
Bridge Bancorp Inc. BDGE Kevin M. O'Connor 5 400,000 732,756 -9.0 11.8 0.9 1.6 7.8
Brookline Bancorp Inc. BRKL Paul A. Perrault 4 655,000 1,606,841 2.8 47.8 0.9 5.1 4.7
Bryn Mawr Bank Corp. BMTC Frederick C. Peters 12 400,000 1,047,903 -17.9 56.9 1.1 2.0 17.7
California First National Bancorp CFNB Patrick E. Paddon 23 180,000 189,369 0.2 -0.5 1.8 0.5 5.6
Camden National Corp. CAC Gregory Dufour 3 375,577 986,362 23.8 28.1 1.0 2.6 7.2
Cape Bancorp Inc. CBNJ Michael D. Devlin 4 300,000 369,077 13.2 -79.2 0.5 1.0 11.4
Capital City Bank Group Inc. CCBG William G. Smith 18 304,000 940,108 15.1 -3.8 0.0 2.6 19.1
Capital One Financial Corp. COF Richard D. Fairbank 19 0 22,605,374 21.1 25.6 1.4 312.9 37.5
CapitalSource Inc. CSE James J. Pieczynski 3 662,692 3,415,851 162.5 0.0 5.8 8.5 21.4
Cardinal Financial Corp. CFNL Bernard H. Clineburg 12 500,000 2,328,207 83.4 -40.1 1.6 3.0 54.0
Cascade Bancorp CACB Terry E. Zink*** 1 550,000 1,386,766 NA NA 0.5 1.3 42.9
CenterState Banks Inc. CSFL Ernest S. Pinner 11 350,000 958,027 28.7 14.7 0.4 2.4 29.5
Central Pacific Financial Corp. CPF John C. Dean* 3 411,666 1,747,562 100.8 113.8 1.1 4.4 20.7
Charter Financial Corp. CHFN Robert L. Johnson 12 308,214 665,335 23.9 -26.8 0.5 1.0 15.1
Chemical Financial Corp. CHFC David B. Ramaker 11 497,670 1,900,826 21.5 22.0 0.9 5.9 15.7
Citigroup Inc. C Michael Corbat 1 1,049,188 12,377,508 16.1 32.9 0.4 1,864.7 50.6
Citizens & Northern Corp. CZNC Charles H. Updegraff 3 331,940 824,723 7.4 8.3 1.7 1.3 6.8
City Holding Co. CHCO Charles R. Hageboeck 8 450,000 1,027,151 15.0 29.6 1.4 2.9 7.0
City National Corp. CYN Russell Goldsmith 18 980,000 4,338,230 -54.4 2.8 0.8 28.6 15.5
Clifton Savings Bancorp Inc. CSBK John A. Celentano 9 383,420 508,377 5.6 5.9 0.7 1.1 25.1
CNB Financial Corp. CCNE Joseph B. Bower 3 350,000 808,019 17.3 26.2 1.0 1.8 8.2
CoBiz Financial Inc. COBZ Steven Bangert 19 522,500 1,071,092 -7.7 13.4 1.0 2.7 30.8
Columbia Banking System Inc. COLB Melanie J. Dressel 10 452,283 1,348,924 18.4 13.5 1.0 4.9 -2.1
Comerica Inc. CMA Ralph W. Babb 11 1,210,512 10,242,574 4.3 11.0 0.8 65.4 19.7
Commerce Bancshares Inc. CBSH David W. Kemper 22 882,828 4,169,502 6.4 39.3 1.3 22.2 2.9
Community Bank System Inc. CBU Mark E. Tryniski 7 620,000 1,776,799 14.7 16.0 1.1 7.5 2.3
Community Trust Bancorp Inc. CTBI Jean R. Hale 20 483,846 972,279 66.3 -9.1 1.2 3.6 15.8
Cullen/Frost Bankers Inc. CFR Richard W. Evans 16 860,000 4,612,860 -2.5 20.6 1.1 23.1 6.1
CVB Financial Corp. CVBF Christopher D. Myers 7 750,000 1,591,857 -5.8 37.0 1.2 6.4 7.7
Discover Financial Services DFS David W. Nelms 9 1,000,000 9,959,112 -28.3 62.4 3.2 75.3 62.6
Eagle Bancorp, Inc. EGBN Ronald D. Paul 5 667,000 1,938,622 -41.6 293.5 1.1 3.4 37.3
Enterprise Bancorp Inc. EBTC John P. Clancy 6 400,000 823,222 9.8 17.2 0.8 1.7 18.6
ESB Financial Corp. ESBF Charlotte A. Zuschlag 22 493,517 1,345,900 -19.4 52.2 0.8 1.9 1.5
ESSA Bancorp Inc. ESSA Gary S. Olson 7 287,247 393,777 -9.6 4.3 0.0 1.4 6.1
Fifth Third Bancorp FITB Kevin T. Kabat 6 1,000,002 8,987,341 24.2 50.1 1.3 121.9 22.5
Financial Institutions Inc. FISI John E. Benjamin***** 1 202,090 259,447 NA NA 0.9 2.8 19.3
First Bancorp FBNC Richard H. Moore*** 1 267,256 608,613 NA NA -0.7 3.2 18.4
First Bancorp Inc. FNLC Daniel R. Daigneault 19 404,000 791,475 36.7 10.4 0.9 1.4 12.4
First Citizens BancShares Inc. FCNCA Frank B. Holding 5 902,875 1,411,207 -23.6 74.1 0.6 21.3 -5.9
First Commonwealth Financial Corp. FCF T. Michael Price 1 420,000 1,336,982 133.3 51.7 0.7 6.0 33.3
First Community Bancshares Inc. FCBC John M. Mendez 13 392,902 589,372 -2.5 23.8 1.2 2.7 32.0
First Defiance Financial Corp. FDEF William J. Small 14 359,808 573,406 15.5 43.0 0.9 2.0 33.1
First Financial Bankshares Inc. FFIN F. Scott Dueser 12 544,500 739,157 -14.8 30.9 1.7 4.5 20.0
First Financial Corp. THFF Norman L. Lowery 11 607,615 2,158,696 10.1 37.9 1.1 2.9 -6.1
First Horizon National Corp. FHN D. Bryan Jordan 5 800,000 6,065,153 47.8 14.8 -0.1 25.5 24.4
First Merchants Corp. FRME Michael C. Rechin 6 372,500 975,329 52.2 28.6 1.1 4.3 76.6
First Midwest Bancorp Inc. FMBI Michael L. Scudder 5 720,000 2,573,029 36.0 6.1 -0.3 8.1 24.0
First Niagara Financial Group Inc. FNFG John R. Koelmel**** 7 955,000 3,775,234 16.3 3.7 0.5 36.8 -4.6
First of Long Island Corp. FLIC Michael N. Vittorio 10 468,000 979,925 -0.7 7.9 1.0 2.1 11.2
Flushing Financial Corp. FFIC John R. Buran 8 839,231 1,650,477 -1.5 4.3 0.8 4.5 26.1
Fulton Financial Corp. FULT R. Scott Smith**** 7 886,539 3,825,648 64.2 54.0 1.0 16.5 0.9
German American Bancorp Inc. GABC Mark A. Schroeder 14 305,000 835,450 2.7 5.4 1.2 2.0 22.7
Glacier Bancorp Inc. GBCI Michael J. Blodnick 15 395,644 669,925 85.7 -4.1 1.0 7.7 28.0
Great Southern Bancorp Inc. GSBC Joseph W. Turner 13 324,777 935,454 36.3 31.6 1.3 4.0 10.8
Hancock Holding Co. HBHC Carl J. Chaney 7 607,000 1,768,267 -27.8 67.0 0.8 19.5 2.4
Heartland Financial USA Inc. HTLF Lynn B. Fuller 14 470,000 918,406 41.4 7.4 1.1 5.0 74.4
Heritage Financial Corp. HFWA Brian L. Vance 7 359,484 779,874 42.7 15.2 1.0 1.3 23.7
Home BancShares Inc. HOMB C. Randall Sims 4 335,000 687,104 -20.7 -4.3 1.6 4.2 29.9
Hudson Valley Holding Corp. HVB Stephen R. Brown 1 467,200 2,030,253 189.5 14.6 1.0 2.9 -23.4
Huntington Bancshares Inc. HBAN Stephen D. Steinour 4 1,000,000 6,932,505 7.6 30.7 1.2 56.2 19.3
Independent Bank Corp. INDB Christopher Oddleifson 10 589,616 2,008,663 -2.0 3.4 0.8 5.8 9.2
JPMorgan Chase & Co. JPM James Dimon 8 1,500,000 18,717,013 -19.0 11.0 0.9 2,359.1 36.2
KeyCorp KEY Beth E. Mooney 2 923,077 6,272,426 26.6 102.3 1.0 89.2 12.0
Lakeland Financial Corp. LKFN Michael L. Kubacki 15 477,393 1,022,174 5.7 17.3 1.2 3.1 3.2
M&T Bank Corp. MTB Robert G. Wilmers 6 1,850,000 3,357,666 14.2 15.4 1.3 83.0 33.2
MainSource Financial Group Inc. MSFG Archie M. Brown 5 388,470 417,664 8.4 14.5 1.0 2.8 44.5
Merchants Bancshares Inc. MBVT Michael R. Tuttle 6 313,478 490,732 7.0 15.8 0.9 1.7 -4.5
Meridian Interstate Bancorp Inc. EBSB Richard J. Gavegnano 6 500,000 1,330,815 24.7 -16.0 0.6 2.3 34.8
National Bankshares Inc. NKSH James G. Rakes 27 706,800 1,358,619 -13.8 43.5 1.6 1.1 20.3
National Penn Bancshares Inc. NPBC Scott V. Fainor 3 750,000 2,024,677 12.7 42.4 1.2 8.5 15.6
NBT Bancorp Inc. NBTB Martin A. Dietrich 9 600,000 3,518,764 -22.0 50.8 0.9 6.0 -4.8
Northern Trust Corp. NTRS Frederick H. Waddell 5 975,000 11,083,195 -22.5 12.1 0.7 97.5 29.8
Northwest Bancshares Inc. NWBI William J. Wagner 12 561,089 1,469,060 -28.8 124.4 0.8 7.9 2.6
OceanFirst Financial Corp. OCFC John R. Garbarino 18 490,500 1,374,556 3.4 -16.6 0.9 2.3 8.9
Old National Bancorp ONB Robert G. Jones 9 650,000 1,847,828 29.8 40.2 1.0 9.5 4.9
OmniAmerican Bancorp Inc. OABC Tim Carter 6 450,017 1,552,591 9.5 138.5 0.4 1.3 47.3
Oriental Financial Group Inc. OFG Jose Rafael Fernandez 8 509,615 1,630,074 22.4 -46.8 0.3 9.2 12.5
Orrstown Financial Services Inc. ORRF Thomas R. Quinn 4 414,027 607,685 7.5 -38.1 -2.9 1.2 16.8
Pacific Continental Corp. PCBK Hal Brown 11 365,347 609,226 11.4 15.7 1.0 1.4 13.8
PacWest Bancorp PACW Matthew P. Wagner 13 750,000 1,869,097 -55.6 23.7 1.0 5.5 35.2
Park National Corp. PRK C. Daniel DeLawder 14 773,525 1,125,967 -2.4 8.1 1.2 6.6 5.1
Peoples Bancorp Inc. PEBO Charles W. Sulerzyski** 2 420,000 780,865 13.4 NA 1.1 1.9 41.2
People's United Financial Inc. PBCT John P. Barnes 3 940,385 3,704,428 -1.2 30.3 0.8 30.3 -0.8
Pinnacle Financial Partners Inc. PNFP M. Terry Turner 13 1,080,672 2,340,962 62.1 36.0 0.8 5.0 16.7
PNC Financial Services Group Inc. PNC James E. Rohr**** 12 1,200,000 8,942,806 -46.2 0.0 1.0 305.1 3.7
Popular Inc. BPOP Richard L. Carrion 19 1,400,000 2,685,472 5.2 42.1 0.7 36.5 49.6
Prosperity Bancshares Inc. PB David Zalman 12 780,650 1,688,385 0.0 64.1 1.4 14.6 6.0
Provident Financial Services Inc. PFS Christopher Martin 4 559,423 1,895,943 16.9 31.8 0.9 7.3 17.0
Provident New York Bancorp PBNY Jack Kopnisky** 2 550,000 1,004,468 23.4 NA 0.6 4.0 44.2
Regions Financial Corp. RF O.B. Grayson Hall 3 922,917 11,897,084 86.4 24.7 0.9 121.3 66.8
Renasant Corp. RNST E. Robinson McGraw 13 525,000 1,524,205 50.1 11.2 0.6 4.2 32.8
Republic Bancorp Inc. RBCAA Steven E. Trager 15 353,000 560,861 8.3 9.8 3.5 3.4 0.2
S&T Bancorp Inc. STBA Todd D. Brice 5 525,000 1,187,096 9.3 34.1 0.8 4.5 -4.5
S.Y. Bancorp Inc. SYBT David P. Heintzman 8 535,000 1,474,888 32.4 4.6 1.2 2.1 13.0
Sandy Spring Bancorp Inc. SASR Daniel J. Schrider 4 481,885 1,000,710 13.4 22.6 1.0 4.0 13.6
SCBT Financial Corp. SCBT Robert R. Hill 9 520,000 1,415,653 19.4 -35.5 0.7 5.1 41.3
Simmons First National Corp. SFNC J. Thomas May 19 498,500 1,244,512 18.7 -22.3 0.8 3.5 -3.6
Southside Bancshares Inc. SBSI Sam Dawson 1 450,000 1,740,383 2.7 53.1 1.1 3.2 7.5
Southwest Bancorp Inc. OKSB Mark W. Funke*** 1 106,250 934,001 NA NA 0.7 2.1 87.9
State Street Corp. STT Joseph L. Hooley 3 1,000,000 15,629,291 -3.5 25.3 0.9 222.6 19.2
StellarOne Corp. STEL O. R. Barham 11 400,000 894,357 37.6 12.2 0.7 3.0 26.8
SunTrust Banks Inc. STI William H. Rogers 2 900,000 9,542,263 2.9 187.9 1.1 173.4 61.5
Susquehanna Bancshares Inc. SUSQ William J. Reuter 12 892,308 4,529,509 171.1 12.9 0.9 18.0 28.5
SVB Financial Group SIVB Greg W. Becker 2 932,713 3,448,267 -24.9 138.1 0.8 22.8 17.4
Synovus Financial Corp. SNV Kessel D. Stelling 3 1,161,023 1,929,268 31.1 66.3 3.1 26.8 77.1
TCF Financial Corp. TCB William A. Cooper 5 1,500,000 6,267,149 -29.6 309.6 -1.1 18.2 19.9
Texas Capital Bancshares Inc. TCBI George F. Jones 5 620,000 1,579,331 9.1 17.0 1.3 10.5 46.4
TFS Financial Corp. TFSL Marc A. Stefanski 25 1,080,000 3,488,680 85.3 -42.0 0.1 11.5 7.4
TrustCo Bank Corp NY TRST Robert J. McCormick 9 880,000 2,038,220 15.6 39.5 0.9 4.3 -1.2
Trustmark Corp. TRMK Gerard R. Host 2 675,000 2,482,921 -27.9 107.3 1.2 9.8 -3.9
U.S. Bancorp USB Richard K. Davis 7 1,100,042 18,213,839 33.7 -27.4 1.6 353.9 21.0
UMB Financial Corp. UMBF J. Mariner Kemper 9 762,308 2,270,713 14.3 23.2 0.9 14.9 19.8
Umpqua Holdings Corp. UMPQ Raymond P. Davis 14 815,000 3,253,508 -5.5 -7.7 0.9 11.8 -2.3
Union First Market Bankshares Corp. UBSH G. William Beale 20 457,716 964,638 15.3 8.0 0.9 4.1 21.8
United Financial Bancorp Inc. UBNK Richard B. Collins 11 440,918 999,807 45.6 -2.7 0.2 2.4 0.2
Univest Corp. of Pennsylvania UVSP William S. Aichele 13 475,000 1,719,785 9.0 40.8 0.9 2.3 22.7
Valley National Bancorp VLY Gerald H. Lipkin 27 1,123,500 2,955,684 -3.4 25.6 0.9 16.0 -16.0
Virginia Commerce Bancorp Inc. VCBI Peter A. Converse 19 471,292 741,249 8.7 47.9 1.0 2.8 15.8
Washington Banking Co. WBCO John L. Wagner 5 375,000 805,028 3.2 64.2 1.0 1.7 18.6
Washington Federal Inc. WAFD Roy M. Whitehead 13 750,000 2,190,130 -6.7 63.6 1.1 12.5 22.9
Washington Trust Bancorp Inc. WASH Joseph J. MarcAurele 3 479,712 1,248,494 13.6 -20.7 1.1 3.1 14.5
Webster Financial Corp. WBS James C. Smith 26 879,800 4,969,056 -0.5 67.6 0.9 20.1 2.4
Wells Fargo & Co. WFC John G. Stumpf 6 2,800,000 22,873,085 15.3 4.6 1.4 1,423.0 27.4
WesBanco Inc. WSBC Paul M. Limbert 10 444,423 849,315 -10.6 8.6 0.9 6.1 18.1
West Bancorporation Inc. WTBA David D. Nelson 3 350,000 455,832 18.2 1.8 1.2 1.4 16.6
Westamerica Bancorp. WABC David L. Payne 24 371,000 639,750 -16.6 19.4 1.6 5.0 0.2
Western Alliance Bancorp. WAL Robert G. Sarver 11 738,462 2,839,630 54.7 20.5 1.0 7.6 69.0

*Joined the company in 2010
**Joined the company in 2011
***Joined the company in 2012
****No longer chief executive
*****John Benjamin is chairman and served as interim chief executive from August 2012 through March 2013
Note: Data is for fiscal 2012 unless otherwise noted. Compensation figures for chief executives with tenures of three years or less includes pay received under previous roles with the company where applicable. Total compensation includes awards of stock and options valued as of the date granted.
Source: GMI Ratings, Bloomberg and company reports

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