Financial Institutions: Pay

Financial Institutions paid its 5 named executives $5.7M in total in FY2025 (Dec). CEO Martin K. Birmingham was paid $2.4M of that.

Pay$100 in the stock at the end of FY20 → $150
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

Martin K. BirminghamPresident and Chief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
W. Jack Plants IIEVP, Chief Financial Officer and Treasurer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Samuel J. Burruano Jr.EVP, Chief Legal Officer & Corporate Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Kevin B. QuinnSVP, Chief Commercial Banking Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Laurie R. CollinsSVP, Chief Human Resources Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 9 peers with pay on file was $1.9M. The CEO of Financial Institutions was paid $2.4M, 24% above the median.

  1. 1First Busey Corp /NV/
  2. 2Tompkins Financial
  3. 3Civista Bancshares
  4. 4Financial Institutions
  5. 5German American Bancorp
  6. 6Bar Harbor Bankshares
  7. 7Mercantile Bank
  8. 8Arrow Financial
  9. 9Midland States Bancorp
  10. 10Peoples Bancorp
  11. 11CNB Financial CorporationNot disclosed
  12. 12Camden NationalNot disclosed
  13. 13Farmers National Banc Corp.Not disclosed
  14. 14First Commonwealth Financial CorporationNot disclosed
  15. 15First Financial CorporationNot disclosed
  16. 16Horizon Bancorp, Inc.Not disclosed
  17. 17Independent BankNot disclosed
  18. 18Park National CorporationNot disclosed
  19. 19Premier Financial Corp.Not disclosed
  20. 20S&T Bancorp, Inc.Not disclosed
  21. 21Washington Trust BancorpNot 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.