Eric S. McRae

2021

In 2021, Eric S. McRae earned a total compensation of $881.7K as Executive Vice President Chief Credit Officer at First Mid-Illinois Bancshares, a 84% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$442,558
Salary$281,601
Stock Awards$120,190
Other$37,347
Total$881,696

McRae received $442.6K in non-equity incentive plan, accounting for 50% of the total pay in 2021.

McRae also received $281.6K in salary, $120.2K in stock awards and $37.3K in other compensation.

Rankings

In 2021, Eric S. McRae's compensation ranked 9,174th out of 12,405 executives tracked by ExecPay. In other words, McRae earned more than 26.0% of executives.

ClassificationRankingPercentile
All
9,174
out of 12,405
26th
Division
Finance, Insurance, And Real Estate
1,496
out of 2,278
34th
Major group
Depository Institutions
472
out of 1,000
53rd
Industry group
Commercial Banks
409
out of 800
49th
Industry
State Commercial Banks
223
out of 512
56th

Pay ratio

Eric S. McRae's Pay$881,696
Median Employee's Pay$39,261
Pay Ratio

22

to 1

In 2021, the annual total compensation of Eric S. McRae was $881,696.

The annual total compensation of the median employee at First Mid-Illinois Bancshares was $39,261.

The ratio of Eric S. McRae's pay to the pay of median employee was therefore 22 to one.

Source: SEC filing on March 18, 2022.

McRae's colleagues

We found four more compensation records of executives who worked with Eric S. McRae at First Mid-Illinois Bancshares in 2021.

2021

Joseph Dively

First Mid-Illinois Bancshares

Chief Executive Officer

2021

Michael Taylor

First Mid-Illinois Bancshares

Chief Operating Officer

2021

Matthew Smith

First Mid-Illinois Bancshares

Chief Financial Officer

2021

Bradley Beesley

First Mid-Illinois Bancshares

Executive Vice President Chief Wealth Mgmt Officer

News

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