CCB · Coastal Financial Corp · Executive Compensation
Market Cap
$712.34M
Shares
15.29M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Brandon J. Soto | Executive Vice President, Chief Financial Officer | $3,145,184 |
| Eric M. Sprink | Chief Executive Officer | $1,693,201 |
| Joel G. Edwards | Former Executive Vice President, Chief Financial Officer - retired 9/30/25 | $885,523 |
| Brian T. Hamilton | President, CCBX | $793,923 |
| Curt T. Queyrouze | Former President, Community Bank | $736,849 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Brian T. Hamilton | President, CCBX | $3,989,354 |
| Eric M. Sprink | Chief Executive Officer | $1,868,263 |
| Curt T. Queyrouze | President, Community Bank | $911,355 |
| Joel G. Edwards | Executive Vice President, Chief Financial Officer | $738,527 |
| Andrew G. Stines | Executive Vice President, Chief Risk Officer | $547,655 |
| Brandon J. Soto | Executive Vice President, Chief Financial Officer | — |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Eric M. Sprink | Chief Executive Officer | $2,003,785 |
| Curt T. Queyrouze | President, Community Bank | $967,320 |
| Joel G. Edwards | Executive Vice President, Chief Financial Officer | $742,347 |
| Russell A. Keithley | Executive Vice President, Chief Banking Officer | $550,846 |
| Andrew G. Stines | Executive Vice President, Chief Risk Officer | $541,672 |
| Brandon J. Soto | Executive Vice President, Chief Financial Officer | — |
| Brian T. Hamilton | President, CCBX | — |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Curt T. Queyrouze | President, Community Bank | $2,598,716 |
| Eric M. Sprink | Chief Executive Officer | $1,980,542 |
| Joel G. Edwards | Executive Vice President, Chief Financial Officer | $741,890 |
| Brian T. Hamilton | President, CCBX | — |
| Russell A. Keithley | Executive Vice President, Chief Banking Officer | — |
| Andrew G. Stines | Executive Vice President, Chief Risk Officer | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Eric M. Sprink | Chief Executive Officer | $4,773,916 |
| Joel G. Edwards | Executive Vice President, Chief Financial Officer | $708,647 |
| John J. Dickson | Executive Vice President, Chief Operating Officer The amounts reported in this column represent the annual discretionary cash bonuses earned by our named executive officers for fiscal year 2021 and 2020 performance. The amounts reported in this column represent the grant date fair value of the award of restricted stock units computed in accordance with FASB ASC Topic 718 using the methodology set forth in Note 15, "Stock Based Compensation" to the Company’s consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The amounts reported in this column represent the value of incentive awards earned in 2021 and 2020, respectively, based on the Company’s performance against pre-established performance goals for each Named Executive Officer approved by the Compensation Committee. The amounts reported in this column consist of the items specified in the All Other Compensation Table below for 2021. Includes 100,000 performance-based restricted stock units (“PSUs”) granted to Mr. Sprink in 2021 to further align his performance with shareholder returns and to retain his services for an extended period. The total cost of these PSUs is 2,633,500, based on a price per share of 31.00 at the time of the award. The PSUs cliff vest after six years of continuous service only if certain specified performance conditions are met. Fifty percent of the units (50,000 PSUs) are contingent on achieving stock price hurdles, which will be measured for achievement during the 24-months preceding the 6th anniversary of the grants (years five and six). A sustained stock price of at least 50.00 per share for no less than 60 continuous trading days during the measurement period is required to vest 25,000 shares and a sustained stock price of at least 60.00 per share for no less than 60 continuous trading days during the measurement period is required to vest 50,000 shares. The vesting of an additional 50,000 shares is contingent on relative return on average equity compared to a comparator group, with the Company’s performance needing for be at least in the 90th percentile, or top 10%, of the group over the six year period. We believe the achievement of these performance conditions will benefit the shareholders of the Company by incentivizing increased shareholder value through higher stock prices and increased earnings. | $636,202 |
| Curt T. Queyrouze | President | — |
| Andrew G. Stines | Executive Vice President, Chief Risk Officer | — |
| Russell A. Keithley | Executive Vice President, Chief Banking Officer | — |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Eric M. Sprink | President and Chief Executive Officer | $1,351,889 |
| Joel G. Edwards | Executive Vice President, Chief Financial Officer | $601,637 |
| John J. Dickson | Executive Vice President, Chief Operating Officer The amounts reported in this column represent the annual discretionary cash bonuses earned by our named executive officers for fiscal year 2021 and 2020 performance. The amounts reported in this column represent the grant date fair value of the award of restricted stock units computed in accordance with FASB ASC Topic 718 using the methodology set forth in Note 15, "Stock Based Compensation" to the Company’s consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The amounts reported in this column represent the value of incentive awards earned in 2021 and 2020, respectively, based on the Company’s performance against pre-established performance goals for each Named Executive Officer approved by the Compensation Committee. The amounts reported in this column consist of the items specified in the All Other Compensation Table below for 2021. Includes 100,000 performance-based restricted stock units (“PSUs”) granted to Mr. Sprink in 2021 to further align his performance with shareholder returns and to retain his services for an extended period. The total cost of these PSUs is 2,633,500, based on a price per share of 31.00 at the time of the award. The PSUs cliff vest after six years of continuous service only if certain specified performance conditions are met. Fifty percent of the units (50,000 PSUs) are contingent on achieving stock price hurdles, which will be measured for achievement during the 24-months preceding the 6th anniversary of the grants (years five and six). A sustained stock price of at least 50.00 per share for no less than 60 continuous trading days during the measurement period is required to vest 25,000 shares and a sustained stock price of at least 60.00 per share for no less than 60 continuous trading days during the measurement period is required to vest 50,000 shares. The vesting of an additional 50,000 shares is contingent on relative return on average equity compared to a comparator group, with the Company’s performance needing for be at least in the 90th percentile, or top 10%, of the group over the six year period. We believe the achievement of these performance conditions will benefit the shareholders of the Company by incentivizing increased shareholder value through higher stock prices and increased earnings. | $551,872 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Eric M. Sprink | President and Chief Executive Officer | $1,006,470 |
| Joel G. Edwards | Executive Vice President, Chief Financial Officer | $522,906 |
| Russ A. Keithley | Executive Vice President, Chief Lending Officer The amounts reported in this column represent the annual discretionary cash bonuses earned by our Named Executive Officers for fiscal year 2019 and 2018 performance, respectively. The amounts reported in this column represent the grant date fair value of the award of stock options or restricted stock units computed in accordance with FASB ASC Topic 718 using the methodology set forth in Note 15, "Stock-Based Compensation" to the Company’s consolidated financial statements included in the Annual Report . The amounts reported in this column represent the value of incentive awards earned in 2019 and 2018, respectively, based on the Company’s performance against performance levels set for each Named Executive Officer by the Compensation Committee. The amounts specified in this column represent items specified in the All Other Compensation Table below. All Other Compensation Table Name | $470,241 |
| John J. Dickson | Executive Vice President, Chief Operations Officer The amounts reported in this column represent the annual discretionary cash bonuses earned by our named executive officers for fiscal year 2020 and 2019 performance. The amounts reported in this column represent the grant date fair value of the award of stock options computed in accordance with FASB ASC Topic 718 using the methodology set forth in Note 15, "Stock Based Compensation" to the Company’s consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. 'The amounts reported in this column represent the value of incentive awards earned in 2020 and 2019, respectively, based on the Company’s performance against pre-established performance goals for each Named Executive Officer approved by the Compensation Committee. The amounts reported in this column consist of the items specified in the All Other Compensation Table below for 2020. | $461,276 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Eric M. Sprink | President and Chief Executive Officer | $866,344 |
| Joel G. Edwards | Executive Vice President, Chief Financial Officer | $510,682 |
| Russ A. Keithley | Executive Vice President, Chief Lending Officer The amounts reported in this column represent the annual discretionary cash bonuses earned by our Named Executive Officers for fiscal year 2019 and 2018 performance, respectively. The amounts reported in this column represent the grant date fair value of the award of stock options or restricted stock units computed in accordance with FASB ASC Topic 718 using the methodology set forth in Note 15, "Stock-Based Compensation" to the Company’s consolidated financial statements included in the Annual Report . The amounts reported in this column represent the value of incentive awards earned in 2019 and 2018, respectively, based on the Company’s performance against performance levels set for each Named Executive Officer by the Compensation Committee. The amounts specified in this column represent items specified in the All Other Compensation Table below. All Other Compensation Table Name | $341,205 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Thomas Lane | Lead Independent Director | Appointed | 2026-07-30 |
| Christopher D. Adams | Executive Chair of the Board of Directors | Appointed | 2026-07-30 |
| Joel Edwards | Interim Chief Financial Officer | Appointed | 2026-07-23 |
| Brandon Soto | Executive Vice President and Chief Financial Officer | Resigned | 2026-07-23 |
| Jeffrey M. Chapman | Board of Directors | Appointed | 2026-03-12 |
| Andrew Stines | Executive Vice President and Chief Risk Officer | Resigned | 2025-10-02 |
| Brandon Soto | Executive Vice President and Chief Financial Officer | Appointed | 2025-09-22 |
| Curt T. Queyrouze | President of Coastal Community Bank | Resigned | 2025-09-10 |
| Michael Barreiro | Chief Technology Officer | Appointed | 2024-10-03 |
| Brian Hamilton | President of CCBX | Appointed | 2024-10-03 |
| Brian Hamilton | Board of Directors | Appointed | 2024-01-04 |
| John Dickson | Chief Operating Officer of the Bank | Retired | 2023-04-03 |