The charts on this page feature a breakdown of the total annual pay for the top executives at SUMMIT FINANCIAL GROUP INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. SUMMIT FINANCIAL GROUP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. SUMMIT FINANCIAL GROUP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Patrick N. Frye
Executive Vice President and Chief of Credit Administration- Summit Financial Group
Total Cash $395,658 Equity $0 Other $24,503 Total Compensation $420,161
Scott C. Jennings
Executive Vice President Chief Operating Officer - Summit Financial Group
Total Cash $434,446 Equity $0 Other $25,313 Total Compensation $459,759
H. Charles Maddy III
President and Chief Executive Officer - Summit Financial Group
Total Cash $786,940 Equity $0 Other $42,150 Total Compensation $829,090
Robert S. Tissue
Executive Vice President and Chief Financial Officer - Summit Financial Group
Total Cash $434,446 Equity $0 Other $24,613 Total Compensation $459,059
Bradford E. Ritchie
President - Summit Community Bank
Total Cash $481,467 Equity $0 Other $24,725 Total Compensation $506,192
For its 2020 fiscal year, SUMMIT FINANCIAL GROUP INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
H. Charles Maddy III CEO Pay $946,605 Median Employee Pay $41,095 CEO Pay Ratio 23:1
For its 2020 fiscal year, SUMMIT FINANCIAL GROUP INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Charles S. Piccirillo Total Cash $20,300
Dewey F. Bensenhaver Total Cash $17,950
Gary L. Hinkle Total Cash $21,500
Georgette R. George Total Cash $19,950
Gerald W. Huffman Total Cash $3,250
J. Scott Bridgeforth Total Cash $17,800
James M. Cookman Total Cash $17,500
James P. Geary, II Total Cash $20,150
Jason A. Kitzmiller Total Cash $19,450
John B. Gianola Total Cash $21,400
John H. Schott Total Cash $17,600
John W. Crites, II Total Cash $19,750
Kyle E. Almond Total Cash $3,400
Oscar M. Bean Total Cash $68,575
Ronald B. Spencer Total Cash $19,850
Ronald L. Bowling Total Cash $18,350
Thomas J. Hawse, III Total Cash $5,250

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.