Steven J. Smits
2020
In 2020, Steven J. Smits earned a total compensation of $762.5K as Chief Credit Officer at Live Oak Bancshares, a 4% decrease compared to previous year.
Compensation breakdown
| Bonus | $50,000 |
|---|---|
| Salary | $400,008 |
| Stock Awards | $269,988 |
| Other | $42,500 |
| Total | $762,496 |
Smits received $400K in salary, accounting for 52% of the total pay in 2020.
Smits also received $50K in bonus, $270K in stock awards and $42.5K in other compensation.
Rankings
In 2020, Steven J. Smits' compensation ranked 9,675th out of 13,090 executives tracked by ExecPay. In other words, Smits earned more than 26.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,675 out of 13,090 | 26th |
Division Finance, Insurance, And Real Estate | 1,719 out of 2,551 | 33rd |
Major group Depository Institutions | 559 out of 1,117 | 50th |
Industry group Commercial Banks | 480 out of 897 | 47th |
Industry State Commercial Banks | 283 out of 569 | 50th |
Pay ratio
| Steven J. Smits' Pay | $762,496 |
|---|---|
| Median Employee's Pay | $123,768 |
| Pay Ratio | 6to 1 |
In 2020, the annual total compensation of Steven J. Smits was $762,496.
The annual total compensation of the median employee at Live Oak Bancshares was $123,768.
The ratio of Steven J. Smits' pay to the pay of median employee was therefore 6 to one.
Source: SEC filing on April 2, 2021.
Smits' colleagues
We found four more compensation records of executives who worked with Steven J. Smits at Live Oak Bancshares in 2020.