FSBW FY2025 SEC EDGAR DEF 14A #92 of 136 in industry

FS Bancorp, Inc. CEO pay ratio

The CEO earned $1.4M in FY2025 against median worker pay of $60,107 · Depository Institutions.

Depository Institutions peers All rankings
State
WA
Filing date
2026-04-06
Industry
Depository Institutions
Industry rank
#92/136

Data updated August 2026

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CEO-to-worker pay ratio
24:1
Below Average (Scale: 0–1000:1)
CEO pay
$1.4M
Median worker
$60,107

Answer first

FS Bancorp, Inc.'s FY2025 CEO total of $1.4M ranks #1192 of 1,423 complete filings; its 24:1 pay ratio ranks #1178. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $60,107. Industry placement uses the FY2025 SIC-60 peer cohort (# 92 of 136, 33rd percentile - below the industry median pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Depository Institutions companies.

Dollar rank
#1192
$1.4M of 1,423 FY2025
Ratio rank
#1178
24:1 of 1,423
Industry pct
33rd
below the industry median pay ratio

How FS Bancorp, Inc. ranks nationally

FS Bancorp, Inc. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$1,442,575 16th percentile higher than 16% of 1,423 companies

$0–$2,500,000: 304 companies (21%). This entry sits in this band. $2,500,000–$5,000,000: 182 companies (13%). Above this entry. $5,000,000–$7,500,000: 208 companies (15%). Above this entry. $7,500,000–$10,000,000: 192 companies (13%). Above this entry. $10,000,000–$12,500,000: 139 companies (10%). Above this entry. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

FS Bancorp, Inc. vs. Depository Institutions peers

CEO total pay ($1.4M) against pay ratio (24:1) for FS Bancorp, Inc. (marked) and its 4 closest same-industry peers, against the Depository Institutions industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both1278634.71728998.321793622629725.63080089.322.0:127.4:132.8:138.1:143.5:1CEO total payPay ratio (CEO : median worker)FS Bancorp, Inc., CEO total pay: 1442575 · Pay ratio (CEO : median worker): 24:1FS Bancorp, Inc.Mercantile Bank Corp, CEO total pay: 1782650 · Pay ratio (CEO : median worker): 25:1Mercantile Bank CorpMerchants Bancorp, CEO total pay: 2508863 · Pay ratio (CEO : median worker): 23:1Merchants BancorpCarter Bankshares, Inc., CEO total pay: 1360519 · Pay ratio (CEO : median worker): 23:1Carter Bankshares, Inc.Arrow Financial Corp, CEO total pay: 1561075 · Pay ratio (CEO : median worker): 25:1Arrow Financial Corp
FS Bancorp, Inc. vs. Depository Institutions peers, plotted against the industry's $3.0M median CEO total and 43:1 median pay ratio.

Ratio bands among Depository Institutions peers

Exclusive CEO-to-median-worker bands across 124 complete latest-FY filings in SIC 60. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in FS Bancorp, Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · FS Bancorp, Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2022–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
24:1
FY2025
vs prior FY
-3:1
from FY2024 27:1
CEO $ YoY
-7.7%
$1.4M latest
Filings shown
4
FY2022–2025
FS Bancorp, Inc. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2022 $1.4M - $62,038 22:1 -
2023 $1.4M +0.6% $62,426 22:1 0:1
2024 $1.6M +14% $57,897 27:1 +5:1
2025 $1.4M -7.7% $60,107 24:1 -3:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1530249, FY2022–2025. Adjacent-year deltas only.

Industry Comparison - Depository Institutions

This Company's Ratio
24:1
Industry Median Ratio
43:1
Industry Median CEO Pay
$3.0M
This CEO's Pay
$1.4M
Companies in Industry
136
vs. Industry Median
Below
#92 of 136 by pay ratio in this industry View all companies in Depository Institutions →

FS Bancorp, Inc.: near-parity Item 402(u) ratio

FS Bancorp, Inc.'s FY2025 ratio 24:1 ranks #92 of 136 Depository Institutions filers (33rd percentile). the CEO earned 24× the median employee ($60,107) in FY2025.

At $60,107 median worker pay, the FLOOR stamp is near pay-parity territory under LIGHT CEO total.

CEO Total Pay

$1.4M

FY2025 Summary Compensation, below median

Pay Ratio

24:1

Below typical

FS Bancorp, Inc. in the lower Depository Institutions third

FS Bancorp, Inc.'s FY2025 ratio 24:1 ranks #92 of 136 Depository Institutions filers (33rd percentile). The structured pay-ratio disclosure reports the total without line-item components. Depository Institutions (SIC 60) median ratio is 43:1 across 136 FY2025 filers; FS Bancorp, Inc.'s $1.4M CEO total is at or below the $3.0M industry median CEO pay.

Dollar rank #1192 and ratio rank #1178 split - treat 24:1 as a disclosure, not a fairness score. Open Depository Institutions peers.

Key Data, FY2025

Total Compensation
$1.4M
Median Employee Pay
$60,107
Pay Ratio
24:1
Filing Date
2026-04-06

Company Info

Ticker
FSBW
CIK
1530249
Industry
Depository Institutions
SIC Code
6036
State
WA
View SEC filings →
SEC EDGAR DEF 14A for CIK 1530249, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. FS Bancorp, Inc.'s FY2025 ratio 24:1 ranks #92 of 136 Depository Institutions filers (33rd percentile).

Read with FS Bancorp, Inc.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps FLOOR · LIGHT · PAR-MED.

C & F Financial Corp · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $6K lighter vs FS Bancorp, Inc.); FLOOR · HIGH-MED vs this page's FLOOR · LIGHT · PAR-MED.
Chemung Financial Corp · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $7K lighter vs FS Bancorp, Inc.); MODEST · PAR-MED vs this page's FLOOR · LIGHT · PAR-MED.
Compx International Inc · LIGHT

ABS(ceo_total_comp) peer at $1.5M (Δ $19K heavier vs FS Bancorp, Inc.); FLOOR · HIGH-MED vs this page's FLOOR · LIGHT · PAR-MED.
Apogee Therapeutics, Inc. · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $26K lighter vs FS Bancorp, Inc.); FLOOR · ELITE-MED vs this page's FLOOR · LIGHT · PAR-MED.
Smartfinancial Inc. (SIC 60 pole)

Smartfinancial Inc. stamps MODEST · UNFILED nearest in-SIC by ABS(pay_ratio) to FS Bancorp, Inc.'s FLOOR filing.
National dual ranks · #1192/#1178

FS Bancorp, Inc.'s FY2025 package sits #1192 by CEO dollars and #1178 by ratio under LIGHT · FLOOR.
Ratio primer · FLOOR

FS Bancorp, Inc.'s FLOOR stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for FS Bancorp, Inc. (CIK 1530249), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.