First Business Financial Services: Pay

First Business Financial Services paid its one named executive on file $688.3K in FY2025 (Dec).

Pay$100 in the stock at the end of FY20 → $264
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Corey A. ChambasChief Executive Officer
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
Brian D. SpielmannChief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
2 years
David R. SeilerPresident & Chief Operating Officer
FY2021 (Dec)Not disclosed
1 year
Bradley A. QuadeEVP & Chief Credit Officer
FY2021 (Dec)Not disclosed
1 year

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 10 peers with pay on file was $1.4M. The CEO of First Business Financial Services was paid $1.2M, 13% below the median.

  1. 1Civista Bancshares
  2. 2Mid Penn Bancorp
  3. 3Mercantile Bank
  4. 4Smartfinancial
  5. 5HomeTrust Bancshares
  6. 6Bridgewater Bancshares
  7. 7Bankwell Financial Group
  8. 8First Business Financial Services
  9. 9Home Bancorp
  10. 10Citizens Financial Services
  11. 11Colony Bankcorp
  12. 12Business First BancsharesNot disclosed
  13. 13Citizens & NorthernNot disclosed
  14. 14CrossFirst Bankshares, Inc.Not disclosed
  15. 15Enterprise Bancorp, Inc.Not disclosed
  16. 16Equity BancsharesNot disclosed
  17. 17Farmers & Merchants BancorpNot disclosed
  18. 18FirstBankNot disclosed
  19. 19Great Southern BancorpNot disclosed
  20. 20Heritage Financial CorporationNot disclosed
  21. 21Lakeland FinancialNot disclosed
  22. 22Macatawa Bank CorporationNot disclosed
  23. 23MidWestOne Financial Group, Inc.Not disclosed
  24. 24Northeast BankNot disclosed
  25. 25Orange County Bancorp, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.