HBT Financial: Pay

HBT Financial paid its 5 named executives $3.8M in total in FY2025 (Dec). CEO J. Lance Carter was paid $1.3M of that.

Pay$100 in the stock at the end of FY21 → $143
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

J. Lance CarterPresident, Chief Executive Officer and Director
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
Peter R. ChapmanExecutive Vice President and Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)Not disclosed
3 years
Fred L. DrakeExecutive Chairman
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
Lawrence J. HorvathExecutive Vice President and Chief Lending Officer
FY2025 (Dec)
FY2024 (Dec)
2 years
Mark W. ScheirerExecutive Vice President and Chief Credit Officer
FY2025 (Dec)
FY2024 (Dec)
2 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 10 peers with pay on file was $1.8M. The CEO of HBT Financial was paid $1.3M, 27% below the median.

  1. 1Nicolet Bankshares
  2. 2Civista Bancshares
  3. 3First Mid Bancshares
  4. 4German American Bancorp
  5. 5Bank First
  6. 6Mercantile Bank
  7. 7QCR Holdings
  8. 8Midland States Bancorp
  9. 9Peoples Bancorp
  10. 10HBT Financial
  11. 11Southern Missouri Bancorp
  12. 12Byline Bancorp, Inc.Not disclosed
  13. 13Farmers National Banc Corp.Not disclosed
  14. 14First Financial CorporationNot disclosed
  15. 15Great Southern BancorpNot disclosed
  16. 16Horizon Bancorp, Inc.Not disclosed
  17. 17Independent BankNot disclosed
  18. 18Lakeland FinancialNot disclosed
  19. 19MidWestOne Financial Group, Inc.Not disclosed
  20. 20Old Second Bancorp, Inc.Not disclosed
  21. 21Premier Financial Corp.Not disclosed
  22. 22Stock Yards 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.