Shareholder dissent over pay practices grew a bit in 2012. Outright majorities rejected executive compensation plans in advisory votes at three of the 132 institutions covered here, compared with one in 2011. Meanwhile, the percentage garnering less than 75% support grew to 9.8% in 2012 from 9.1% in 2011. Click column headers to sort.
Company | Ticker | Total Assets ($B) | Annual meeting | Say on pay 2012 votes in favor (%) | Say on pay 2011 votes in favor (%) | Chief executive | Total compensation 2011 ($) |
---|---|---|---|---|---|---|---|
Washington Federal Inc. | WAFD | 13 | 1/18/12 | 98.2 | 96.6 | Roy M. Whitehead | 2,348,201 |
First Financial Holdings Inc. | FFCH | 3 | 1/26/12 | 94.4 | 94.8 | R. Wayne Hall | 330,893 |
Provident New York Bancorp | PBNY | 3 | 2/16/12 | 94.8 | 86.6 | Jack Kopnisky* | 814,005 |
ESSA Bancorp Inc. | ESSA | 1 | 3/1/12 | 94.9 | 96.1 | Gary S. Olson | 435,616 |
Hancock Holding Co. | HBHC | 20 | 4/5/12 | 70.7 | 95.2 | Carl J. Chaney | 2,449,220 |
Bank of New York Mellon Corp. | BK | 325 | 4/10/12 | 58.0 | 79.1 | Gerald L. Hassell* | 12,350,260 |
Lakeland Financial Corp. | LKFN | 3 | 4/10/12 | 98.1 | 72.3 | Michael L. Kubacki | 967,063 |
National Bankshares Inc. | NKSH | 1 | 4/10/12 | 94.2 | 95.3 | James G. Rakes | 1,576,974 |
Chemical Financial Corp. | CHFC | 5 | 4/16/12 | 93.8 | 77.3 | David B. Ramaker | 1,564,364 |
First Horizon National Corp. | FHN | 25 | 4/17/12 | 92.8 | 96.0 | D. Bryan Jordan | 4,102,375 |
M&T Bank Corp. | MTB | 78 | 4/17/12 | 97.4 | 97.2 | Robert G. Wilmers | 2,939,914 |
Northern Trust Corp. | NTRS | 100 | 4/17/12 | 75.3 | 66.0 | Frederick H. Waddell | 14,305,400 |
Simmons First National Corp. | SFNC | 3 | 4/17/12 | 97.1 | 94.8 | J. Thomas May | 1,048,722 |
U.S. Bancorp | USB | 340 | 4/17/12 | 93.7 | 93.4 | Richard K. Davis | 13,619,458 |
Umpqua Holdings Corp. | UMPQ | 12 | 4/17/12 | 95.3 | 35.0 | Raymond P. Davis | 3,442,525 |
Citigroup Inc. | C | 1,874 | 4/17/12 | 45.1 | 92.9 | Vikram S. Pandit | 14,857,103 |
Prosperity Bancshares Inc. | PB | 10 | 4/17/12 | 94.4 | 96.6 | David Zalman | 1,687,609 |
Univest Corp. of Pennsylvania | UVSP | 2 | 4/17/12 | 94.4 | 92.5 | William S. Aichele | 1,578,039 |
Pinnacle Financial Partners Inc. | PNFP | 5 | 4/17/12 | 91.1 | 91.6 | M. Terry Turner | 1,444,080 |
Fifth Third Bancorp | FITB | 117 | 4/17/12 | 95.5 | 94.2 | Kevin T. Kabat | 7,238,199 |
First of Long Island Corp. | FLIC | 2 | 4/17/12 | 94.7 | 73.8 | Michael N. Vittorio | 986,839 |
Bank of the Ozarks Inc. | OZRK | 4 | 4/17/12 | 97.0 | 99.2 | George Gleason | 2,639,224 |
Commerce Bancshares Inc. | CBSH | 21 | 4/18/12 | 95.6 | 96.1 | David W. Kemper | 3,919,376 |
Discover Financial Services | DFS | 69 | 4/18/12 | 94.9 | 95.5 | David W. Nelms | 13,890,296 |
Valley National Bancorp | VLY | 14 | 4/18/12 | 90.0 | 89.4 | Gerald H. Lipkin | 3,059,666 |
WesBanco Inc. | WSBC | 6 | 4/18/12 | 94.4 | 94.7 | Paul M. Limbert | 949,750 |
First Financial Corp. | THFF | 3 | 4/18/12 | 93.8 | 94.7 | Norman L. Lowery | 1,234,584 |
Northwest Bancshares Inc. | NWBI | 8 | 4/18/12 | 96.1 | 97.0 | William J. Wagner | 2,064,470 |
FirstMerit Corp. | FMER | 14 | 4/18/12 | 46.0 | 86.8 | Paul G. Greig | 6,363,713 |
Home BancShares Inc. | HOMB | 4 | 4/19/12 | 98.4 | 98.8 | C. Randall Sims | 866,825 |
Huntington Bancshares Inc. | HBAN | 54 | 4/19/12 | 60.5 | 92.2 | Stephen D. Steinour | 6,445,710 |
People's United Financial Inc. | PBCT | 28 | 4/19/12 | 94.3 | 86.1 | John P. Barnes | 3,750,051 |
United Financial Bancorp Inc. | UBNK | 2 | 4/19/12 | 97.2 | 95.1 | Richard B. Collins | 686,727 |
Cardinal Financial Corp. | CFNL | 3 | 4/20/12 | 92.8 | 62.6 | Bernard H. Clineburg | 1,269,220 |
Bank of Kentucky Financial Corp. | BKYF | 2 | 4/20/12 | 95.7 | 98.3 | Robert W. Zapp | 554,913 |
First Citizens BancShares Inc. | FCNCA | 21 | 4/23/12 | 99.0 | 98.6 | Frank B. Holding | 1,847,107 |
S&T Bancorp Inc. | STBA | 4 | 4/23/12 | 94.0 | 93.0 | Todd D. Brice | 1,085,639 |
Park National Corp. | PRK | 7 | 4/23/12 | 77.3 | 81.3 | C. Daniel DeLawder | 1,153,166 |
Associated Banc-Corp | ASBC | 22 | 4/24/12 | 63.4 | 93.1 | Philip B. Flynn | 5,015,067 |
BB&T Corp. | BBT | 175 | 4/24/12 | 95.5 | 94.1 | Kelly S. King | 7,458,475 |
BOK Financial Corp. | BOKF | 25 | 4/24/12 | 97.8 | 98.3 | Stanley A. Lybarger | 2,907,012 |
Comerica Inc. | CMA | 61 | 4/24/12 | 93.3 | 95.3 | Ralph W. Babb | 9,819,167 |
Community Trust Bancorp Inc. | CTBI | 4 | 4/24/12 | 95.5 | 95.3 | Jean R. Hale | 584,756 |
National Penn Bancshares Inc. | NPBC | 8 | 4/24/12 | 95.2 | 93.8 | Scott V. Fainor | 1,797,104 |
PNC Financial Services Group Inc. | PNC | 271 | 4/24/12 | 95.9 | 95.5 | James E. Rohr | 16,607,150 |
SunTrust Banks Inc. | STI | 177 | 4/24/12 | 91.0 | 97.1 | William H. Rogers* | 9,273,010 |
Wells Fargo & Co. | WFC | 1,314 | 4/24/12 | 96.0 | 96.5 | John G. Stumpf | 19,843,021 |
Western Alliance Bancorp. | WAL | 7 | 4/24/12 | 69.3 | 93.8 | Robert G. Sarver | 1,835,360 |
Banner Corp. | BANR | 4 | 4/24/12 | 98.4 | 97.1 | Mark J. Grescovich* | 919,545 |
First Financial Bankshares Inc. | FFIN | 4 | 4/24/12 | 98.3 | 97.1 | F. Scott Dueser | 867,464 |
Washington Trust Bancorp Inc. | WASH | 3 | 4/24/12 | 95.5 | 97.8 | Joseph J. MarcAurele | 1,098,788 |
First Defiance Financial Corp. | FDEF | 2 | 4/24/12 | 78.3 | 89.3 | William J. Small | 496,360 |
First Commonwealth Financial Corp. | FCF | 6 | 4/24/12 | 90.3 | 93.0 | John J. Dolan** | 1,431,239 |
Union First Market Bankshares Corp. | UBSH | 4 | 4/24/12 | 76.8 | 95.7 | G. William Beale | 836,588 |
Hudson City Bancorp Inc. | HCBK | 45 | 4/25/12 | 73.8 | 91.2 | Ronald E. Hermance | 9,035,029 |
Virginia Commerce Bancorp Inc. | VCBI | 3 | 4/25/12 | 96.7 | 80.6 | Peter A. Converse | 682,211 |
Glacier Bancorp Inc. | GBCI | 7 | 4/25/12 | 99.1 | 99.0 | Michael J. Blodnick | 360,817 |
First Niagara Financial Group Inc. | FNFG | 33 | 4/25/12 | 94.9 | 96.5 | John R. Koelmel | 3,245,917 |
MainSource Financial Group Inc. | MSFG | 3 | 4/25/12 | 94.7 | 92.7 | Archie M. Brown | 385,426 |
Oriental Financial Group Inc. | OFG | 7 | 4/25/12 | 99.3 | 98.2 | Jose Rafael Fernandez | 1,332,010 |
S.Y. Bancorp Inc. | SYBT | 2 | 4/25/12 | 83.5 | 89.5 | David P. Heintzman | 1,113,916 |
First Bancorp Inc. | FNLC | 1 | 4/25/12 | 94.4 | 94.5 | Daniel R. Daigneault | 579,142 |
Columbia Banking System Inc. | COLB | 5 | 4/25/12 | 95.9 | 84.9 | Melanie J. Dressel | 1,138,875 |
City Holding Co. | CHCO | 3 | 4/25/12 | 94.2 | 88.7 | Charles R. Hageboeck | 893,464 |
TCF Financial Corp. | TCB | 19 | 4/25/12 | 76.2 | 64.2 | William A. Cooper | 8,905,179 |
Central Pacific Financial Corp. | CPF | 4 | 4/25/12 | 99.5 | 99.9 | John C. Dean* | 870,183 |
Boston Private Financial Holdings Inc. | BPFH | 6 | 4/26/12 | 89.6 | 78.4 | Clayton G. Deutsch | 2,832,442 |
CapitalSource Inc. | CSE | 8 | 4/26/12 | 90.5 | 88.6 | James J. Pieczynski | 1,301,080 |
Cullen/Frost Bankers Inc. | CFR | 20 | 4/26/12 | 95.5 | 97.0 | Richard W. Evans | 4,729,491 |
Peoples Bancorp Inc. | PEBO | 2 | 4/26/12 | 95.5 | 95.6 | Charles W. Sulerzyski* | 688,585 |
Synovus Financial Corp. | SNV | 27 | 4/26/12 | 94.1 | 96.0 | Kessel D. Stelling | 1,471,330 |
Webster Financial Corp. | WBS | 19 | 4/26/12 | 93.2 | 93.9 | James C. Smith | 4,992,432 |
Westamerica Bancorp. | WABC | 5 | 4/26/12 | 97.3 | 97.4 | David L. Payne | 766,679 |
CenterState Banks Inc. | CSFL | 2 | 4/26/12 | 98.6 | 72.8 | Ernest S. Pinner | 744,170 |
Provident Financial Services Inc. | PFS | 7 | 4/26/12 | 95.7 | 95.2 | Christopher Martin | 1,621,602 |
Southwest Bancorp Inc. | OKSB | 2 | 4/26/12 | 95.9 | 96.4 | Rick J. Green | 521,838 |
West Bancorporation Inc. | WTBA | 1 | 4/26/12 | 96.3 | 86.2 | David D. Nelson | 385,577 |
SVB Financial Group | SIVB | 20 | 4/26/12 | 93.7 | 94.9 | Greg W. Becker* | 4,593,815 |
First Merchants Corp. | FRME | 4 | 4/27/12 | 94 | 95.5 | Michael C. Rechin | 640,972 |
Bank of Hawaii Corp. | BOH | 14 | 4/27/12 | 95.9 | 94.5 | Peter S. Ho | 2,055,209 |
Popular Inc. | BPOP | 37 | 4/27/12 | 96.9 | 95.1 | Richard L. Carrion | 2,552,311 |
Cape Bancorp Inc. | CBNJ | 1 | 4/30/12 | 95.9 | 96.9 | Michael D. Devlin | 325,910 |
American Express Co. | AXP | 153 | 4/30/12 | 95.8 | 83.5 | Kenneth I. Chenault | 23,038,691 |
Fulton Financial Corp. | FULT | 16 | 4/30/12 | 91.7 | 90.2 | R. Scott Smith | 2,329,504 |
Pacific Continental Corp. | PCBK | 1 | 4/30/12 | 92.3 | 92.7 | Hal Brown | 546,848 |
Camden National Corp. | CAC | 2 | 5/1/12 | 94.7 | 96.3 | Gregory Dufour | 796,746 |
Merchants Bancshares Inc. | MBVT | 2 | 5/1/12 | 97.1 | 92.4 | Michael R. Tuttle | 458,766 |
Orrstown Financial Services Inc. | ORRF | 1 | 5/1/12 | 71.6 | 89.4 | Thomas R. Quinn | 565,425 |
Heritage Financial Corp. | HFWA | 1 | 5/2/12 | 97.9 | 99.2 | Brian L. Vance | 546,617 |
Sandy Spring Bancorp Inc. | SASR | 4 | 5/2/12 | 72.8 | 80.8 | Daniel J. Schrider | 882,669 |
Bryn Mawr Bank Corp. | BMTC | 2 | 5/2/12 | 96.5 | 98.4 | Frederick C. Peters | 1,276,160 |
Sterling Bancorp | STL | 2 | 5/3/12 | 39.9 | 84.8 | Louis J. Cappelli | 5,198,232 |
Washington Banking Co. | WBCO | 2 | 5/3/12 | 97.4 | 97.8 | John L. Wagner | 780,438 |
Bridge Bancorp Inc. | BDGE | 1 | 5/4/12 | 93.5 | 94.8 | Kevin M. O'Connor | 804,971 |
Susquehanna Bancshares Inc. | SUSQ | 15 | 5/4/12 | 91.2 | 64.4 | William J. Reuter | 1,670,855 |
Bancorp Inc. | TBBK | 3 | 5/7/12 | 89.6 | 68.7 | Betsy Z. Cohen | 946,148 |
Bank Mutual Corp. | BKMU | 2 | 5/7/12 | 81.2 | 90.0 | Michael T. Crowley | 2,607,220 |
Capital One Financial Corp. | COF | 206 | 5/8/12 | 85.5 | 86.8 | Richard D. Fairbank | 18,668,058 |
Trustmark Corp. | TRMK | 10 | 5/8/12 | 98 | 97.2 | Gerard R. Host* | 3,441,740 |
Cascade Bancorp | CACB | 1 | 5/8/12 | 99.4 | 99.9 | Patricia L. Moss | 2,691,945 |
Bank of America Corp. | BAC | 2,129 | 5/9/12 | 90 | 91.9 | Brian T. Moynihan | 8,087,181 |
Brookline Bancorp Inc. | BRKL | 3 | 5/9/12 | 93 | 95.3 | Paul A. Perrault | 1,563,725 |
Community Bank System Inc. | CBU | 6 | 5/9/12 | 95.8 | 93.6 | Mark E. Tryniski | 1,549,688 |
PacWest Bancorp | PACW | 6 | 5/9/12 | 83.7 | 65.2 | Matthew P. Wagner | 4,207,247 |
Financial Institutions Inc. | FISI | 2 | 5/9/12 | 90.4 | 82.9 | Peter G. Humphrey | 1,250,485 |
City National Corp. | CYN | 24 | 5/9/12 | 74.3 | 97.0 | Russell Goldsmith | 9,507,763 |
Lakeland Bancorp Inc. | LBAI | 3 | 5/9/12 | 90 | 92.5 | Thomas J. Shara | 823,039 |
Berkshire Hills Bancorp Inc. | BHLB | 4 | 5/10/12 | 95.1 | 96.8 | Michael P. Daly | 1,346,605 |
OceanFirst Financial Corp. | OCFC | 2 | 5/10/12 | 93.6 | 93.3 | John R. Garbarino | 1,328,794 |
Old National Bancorp | ONB | 9 | 5/10/12 | 93.8 | 92.6 | Robert G. Jones | 1,423,515 |
Pacific Capital Bancorp | PCBC | 6 | 5/10/12 | 99.8 | 99.8 | Carl B. Webb | 0 |
Hudson Valley Holding Corp. | HVB | 3 | 5/10/12 | 96.4 | 97.0 | James J. Landy | 791,551 |
First Bancorp | FBNC | 3 | 5/10/12 | 92.2 | 95.0 | Jerry L. Ocheltree | 972,857 |
Bank of Marin Bancorp | BMRC | 1 | 5/15/12 | 92.1 | 91.6 | Russell A. Colombo | 716,299 |
Flushing Financial Corp. | FFIC | 4 | 5/15/12 | 90.3 | 88.0 | John R. Buran | 1,675,953 |
JPMorgan Chase & Co. | JPM | 2,266 | 5/15/12 | 91.5 | 72.6 | James Dimon | 23,105,415 |
OmniAmerican Bancorp Inc. | OABC | 1 | 5/15/12 | 96.8 | 83.3 | Tim Carter | 1,418,517 |
StellarOne Corp. | STEL | 3 | 5/15/12 | 91.8 | 91.8 | O. R. Barham | 649,793 |
Texas Capital Bancshares Inc. | TCBI | 8 | 5/15/12 | 94.6 | 98.7 | George F. Jones | 1,447,873 |
Astoria Financial Corp. | AF | 17 | 5/16/12 | 70.3 | 64.8 | Monte N. Redman* | 4,494,198 |
First Midwest Bancorp Inc. | FMBI | 8 | 5/16/12 | 84.9 | 92.8 | Michael L. Scudder | 1,891,554 |
Great Southern Bancorp Inc. | GSBC | 4 | 5/16/12 | 95.2 | 96.9 | Joseph W. Turner | 686,400 |
Heartland Financial USA Inc. | HTLF | 4 | 5/16/12 | 97.3 | 97.5 | Lynn B. Fuller | 649,416 |
Meridian Interstate Bancorp Inc. | EBSB | 2 | 5/16/12 | 99.1 | 99.1 | Richard J. Gavegnano | 1,067,250 |
State Street Corp. | STT | 217 | 5/16/12 | 86.9 | 88.4 | Joseph L. Hooley | 16,187,964 |
Beneficial Mutual Bancorp Inc. | BNCL | 5 | 5/17/12 | 97.7 | 99.2 | Gerard P. Cuddy | 1,138,115 |
CoBiz Financial Inc. | COBZ | 2 | 5/17/12 | 96.4 | 98.1 | Steven Bangert | 1,160,413 |
Eagle Bancorp, Inc. | EGBN | 3 | 5/17/12 | 76.1 | 97.9 | Ronald D. Paul | 3,317,577 |
Independent Bank Corp. | INDB | 5 | 5/17/12 | 94 | 90.9 | Christopher Oddleifson | 2,049,552 |
KeyCorp | KEY | 89 | 5/17/12 | 95.6 | 86.0 | Beth E. Mooney* | 4,955,664 |
Regions Financial Corp. | RF | 127 | 5/17/12 | 95.2 | 83.4 | O.B. Grayson Hall | 6,381,475 |
TrustCo Bank Corp NY | TRST | 4 | 5/17/12 | 88.8 | 88.6 | Robert J. McCormick | 1,762,930 |
*Became CEO in 2011
**John Dolan resigned from First Commonwealth Financial Corp. in December 2011
Note: Total assets are for the end of fiscal 2011
Sources: GMI Ratings, Bloomberg and company reports