Matthew K. Smith

2021

In 2021, Matthew K. Smith earned a total compensation of $708.6K as Executive Vice President Chief Financial Officer at First Mid-Illinois Bancshares, a 66% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$294,703
Salary$263,856
Stock Awards$120,190
Other$29,817
Total$708,566

Smith received $294.7K in non-equity incentive plan, accounting for 42% of the total pay in 2021.

Smith also received $263.9K in salary, $120.2K in stock awards and $29.8K in other compensation.

Rankings

In 2021, Matthew K. Smith's compensation ranked 9,848th out of 12,405 executives tracked by ExecPay. In other words, Smith earned more than 20.6% of executives.

ClassificationRankingPercentile
All
9,848
out of 12,405
21st
Division
Finance, Insurance, And Real Estate
1,644
out of 2,278
28th
Major group
Depository Institutions
565
out of 1,000
44th
Industry group
Commercial Banks
488
out of 800
39th
Industry
State Commercial Banks
284
out of 512
45th

Pay ratio

Matthew K. Smith's Pay$708,566
Median Employee's Pay$39,261
Pay Ratio

18

to 1

In 2021, the annual total compensation of Matthew K. Smith was $708,566.

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

The ratio of Matthew K. Smith's pay to the pay of median employee was therefore 18 to one.

Source: SEC filing on March 18, 2022.

Smith's colleagues

We found four more compensation records of executives who worked with Matthew K. Smith at First Mid-Illinois Bancshares in 2021.

2021

Joseph Dively

First Mid-Illinois Bancshares

Chief Executive Officer

2021

Eric McRae

First Mid-Illinois Bancshares

Executive Vice President Chief Credit Officer

2021

Michael Taylor

First Mid-Illinois Bancshares

Chief Operating Officer

2021

Bradley Beesley

First Mid-Illinois Bancshares

Executive Vice President Chief Wealth Mgmt Officer

News

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