Community Bankers Trust CEO Rex Smith's 2018 pay rises 4% to $943K

Community Bankers Trust reports 2018 executive compensation

By ExecPay News

Published: April 11, 2019

Community Bankers Trust reported fiscal year 2018 executive compensation information on April 11, 2019.
In 2018, five executives at Community Bankers Trust received on average a compensation package of $488K, a 7% increase compared to previous year.
Average pay of disclosed executives at Community Bankers Trust
Rex L. Smith, III, Chief Executive Officer, received $943K in total, which increased by 4% compared to 2017. 45% of Smith's compensation, or $420K, was in salary. Smith also received $99K in non-equity incentive plan, $146K in option awards, as well as $277K in other compensation.
For fiscal year 2018, the median employee pay was $50,766 at Community Bankers Trust. Therefore, the ratio of Rex L. Smith, III's pay to the median employee pay was 19 to one.
Bruce E. Thomas, Chief Financial Officer, received a compensation package of $384K, which decreased by 3% compared to previous year. 56% of the compensation package, or $215K, was in salary.
Jeff R. Cantrell, Chief Operating Officer, earned $381K in 2018, a 15% increase compared to previous year.
John M. Oakey, III, General Counsel, received $375K in 2018, which increases by 15% compared to 2017.
Patricia M. Davis, Executive Vice President and Chief Credit Officer, Essex Bank, earned $357K in 2018, a 16% increase compared to previous year.

Related executives

Rex Smith

Community Bankers Trust

Chief Executive Officer

Bruce Thomas

Community Bankers Trust

Chief Financial Officer

Jeff Cantrell

Community Bankers Trust

Chief Operating Officer

Patricia Davis

Community Bankers Trust

Executive Vice President and Chief Credit Officer, Essex Bank

John Oakey

Community Bankers Trust

General Counsel

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Source: SEC filing on April 11, 2019.