FY2022 SEC EDGAR DEF 14A

Summit Financial Group, Inc. CEO pay ratio

The CEO earned $1.0M in FY2022 against median worker pay of $54,000 · Depository Institutions.

State
WV
Filing date
2023-03-31
Industry
Depository Institutions
Fiscal year
FY2022

Data updated August 2026

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CEO-to-worker pay ratio
19:1
Below Average (Scale: 0–1000:1)
CEO pay
$1.0M
Median worker
$54,000

Latest filing FY2022. This company's newest DEF 14A on file is for FY2022, not FY2025, so the figures on this page are from that earlier year and are not ranked against the FY2025 industry benchmark. Industry pages mark issuers like this one with a "Latest filing" label.

Answer first

Summit Financial Group, Inc. reported a 19:1 CEO-to-worker pay ratio in FY2022 - at or below the Depository Institutions median of 43:1 across 136 filers.

Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Depository Institutions companies.

Pay ratio
19:1
FY2022 disclosed
CEO total
$1.0M
Summary Compensation Table total
Median worker
$54,000
Dodd-Frank median employee

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, FY2022

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

Filing-year trail · Summit Financial Group, Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2022. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
19:1
FY2022
vs prior FY
-10:1
from FY2021 29:1
CEO $ YoY
-20%
$1.0M latest
Filings shown
2
FY2021–2022
Summit Financial Group, 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
2021 $1.3M - $44,000 29:1 -
2022 $1.0M -20% $54,000 19:1 -10:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 811808, FY2021–2022. Adjacent-year deltas only.

Industry Comparison - Depository Institutions

This Company's Ratio
19:1
Industry Median Ratio
43:1
Industry Median CEO Pay
$3.0M
This CEO's Pay
$1.0M
Companies in Industry
136
vs. Industry Median
Below

Summit Financial Group, Inc.: near-parity Item 402(u) ratio

Summit Financial Group, Inc. stamps FLOOR · PAR-MED at 19:1 against $54,000 median worker pay in FY2022. the CEO earned 19× the median employee ($54,000) in FY2022.

At $54,000 median worker pay, the FLOOR stamp is near pay-parity territory under LIGHT CEO total.

CEO Total Pay

$1.0M

FY2022 Summary Compensation, below median

Pay Ratio

19:1

Below typical

What FY2022 shows for Summit Financial Group, Inc.

Summit Financial Group, Inc. stamps FLOOR · PAR-MED at 19:1 against $54,000 median worker pay in FY2022. 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; Summit Financial Group, Inc.'s $1.0M CEO total is at or below the $3.0M industry median CEO pay.

Summit Financial Group, Inc. stamps FLOOR · LIGHT · PAR-MED; grant-date fair value (not realized pay) is what the DEF 14A reports. Open Depository Institutions peers.

Key Data, FY2022

Total Compensation
$1.0M
Median Employee Pay
$54,000
Pay Ratio
19:1
Filing Date
2023-03-31

Company Info

CIK
811808
Industry
Depository Institutions
SIC Code
6022
State
WV
SEC EDGAR DEF 14A for CIK 811808, FY2022. Informational only, not investment advice. Verify on EDGAR.

Read with Summit Financial Group, 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.

Data sourced from SEC EDGAR DEF 14A for Summit Financial Group, Inc. (CIK 811808), FY2022. 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.