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First Bank Executive Compensation (FY25)

FRBA · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (proxy statement, FDIC): March 20, 2026
56 figures on this page, cited to the filing that reported them. See the citations
Chief executive, fiscal 2025
Patrick Ryan
Median of the other named officers
$637,484
5 officers, excluding the chief executive

Frequently asked questions

Answers drawn from the data on this page.
Who is First Bank's chief executive and what were they paid?
Total compensation for Patrick Ryan, President and Chief Executive Officer, came to $1,543,299 in fiscal 2025.
Which companies are in First Bank's peer group?
The disclosed peer group names ACNB Corp., Arrow Financial Corporation, BCB Bancorp, Inc., Burke & Herbert Financial Services Corp. and Chemung Financial Corporation, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick Ryan
President and Chief Executive Officer
John Shepardson
Former Executive Vice President and Chief Operating Officer
Departed during or after this year
Peter Cahill
Executive Vice President and Chief Lending Officer
Andrew Hibshman
Executive Vice President and Chief Financial Officer
Darleen Gillespie
Executive Vice President and Chief Retail Banking Officer
Christopher Ewing
Executive Vice President and Chief Operating Officer
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Leslie E. Goodman
Board chair
Glenn M. Josephs
Deborah Paige Hanson
Douglas C. Borden
Michael E. Salz
Scott R. Gamble
Neha Shah
Andrew Fish
Patrick M. Ryan
Zaid Alsikafi
Patrick L. Ryan served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ACNB Corp. ACNB
  • Arrow Financial Corporation AROW
  • BCB Bancorp, Inc. BCBP
  • Burke & Herbert Financial Services Corp. BHRB
  • Chemung Financial Corporation CHMG
  • Citizens & Northern Corp. CZNC
  • Citizens Financial Services CZFS
  • CNB Financial Corporation CCNE
  • Fidelity D & D Bancorp Inc. FDBC
  • Financial Institutions Inc. FISI
  • First of Long Island Corp. FLIC
  • Kearny Financial Corp. KRNY
  • Mid Penn Bancorp Inc. MPB
  • Northfield Bancorp NFBK
  • Orange County Bancorp Inc. OBT
  • Orrstown Financial Services ORRF
  • Peapack-Gladstone Financial PGC
  • Peoples Financial Services Corp. PFIS
  • Primis Financial Corp FRST
  • Shore Bancshares Inc. SHBI
  • Tompkins Financial Corporation TMP
  • TrustCo Bank Corp NY TRST
  • Unity Bancorp Inc. UNTY
  • Univest Financial Corp. UVSP
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What this page does not include

Everything above is a fact First Bank disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where First Bank sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
56 figures on this page, cited to the filing that reported them.
56 cited to the filing

Documents cited

  1. Director Compensation table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “First Bank executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/FRBA (accessed 2026).
Short form: data: Velarion
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Banking rankings

Chief executive payBankingCEO pay ratioBankingSay-on-pay supportBanking

Peers First Bank discloses

The companies named in FRBA's own disclosed peer group.

ACNB Corp.Arrow Financial CorporationBCB Bancorp, Inc.Burke & Herbert Financial Services Corp.Chemung Financial CorporationCitizens & Northern Corp.Citizens Financial ServicesCNB Financial CorporationFidelity D & D Bancorp Inc.Financial Institutions Inc.Kearny Financial Corp.Mid Penn Bancorp Inc.Northfield BancorpOrange County Bancorp Inc.Orrstown Financial ServicesPeapack-Gladstone FinancialPeoples Financial Services Corp.Primis Financial CorpShore Bancshares Inc.Tompkins Financial CorporationTrustCo Bank Corp NYUnity Bancorp Inc.Univest Financial Corp.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy