ServisFirst Bancshares reports 2018 executive compensation

CEO Thomas A. Broughton III receives $1.3M

ServisFirst Bancshares reported fiscal year 2018 executive compensation information on March 5, 2019.

In 2018, five executives at ServisFirst Bancshares received on average a compensation package of $617,830, a 8% increase compared to previous year.

Average pay of disclosed executives at ServisFirst Bancshares

Thomas A. Broughton III, Chief Executive Officer, received $1,312,366 in total, which increased by 18% compared to 2017. 59.05% of Broughton's compensation, or $775,000, was in bonus. Broughton also received $475,000 in salary and $62,366 in other compensation.

Clarence C. Pouncey III, Chief Operating Officer, received a compensation package of $527,793, which increased by 4% compared to previous year. 59.11% of the compensation package, or $312,000, was in salary.

Rodney E. Rushing, EVP and Executive for Correspondent Banking, earned $508,719 in 2018, a 4% increase compared to previous year.

William M. Foshee, Chief Financial Officer, received $478,835 in 2018, which increases by 5% compared to 2017.

Henry F. Abbott, SVP and Chief Credit Officer, earned $261,437 in 2018.