Enterprise Financial Services Chief Executive James Lally earned $1.3 million in 2019, including a discretionary bonus of $60,000 based on "exceptional performance."
Enterprise disclosed details of Lally's pay in a filed March 25. The Clayton-based banking company said executives got an extra bonus based on their success in completing an acquisition and meeting profit goals during a time of low interest rates.
Lally's salary was $529,167 after a 7% raise. His incentive bonus of $352,284 was 132% of the target level, based on beating goals for earnings, core deposits and fee income.
Lally also received $360,278 worth of stock, 80% of which is contingent on meeting three-year performance goals. A performance-based stock award from 2017 paid out at 150% of the target level, the proxy statement says.
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The CEO's perquisites included a $7,200 car allowance and $7,200 worth of club dues. His total pay of $1.3 million represented a 17% increase from 2018.
Enterprise Financial's earnings per share fell 7% last year but its share price jumped 28%.
Lally earned 20 times as much as the median Enterprise Financial employee. The bank calculated a median of $67,305 for its workers.
Here's what St. Louis CEOs earned in 2018:
Meet the top-paid CEOs in St. Louis
29. Allied Healthcare Products Inc.

28. Peak Resorts

27. Reliv International

26. Avadel Pharmaceuticals

25. Enterprise Financial Services Corp.

24. Huttig Building Products, Inc.

23. Foresight Energy

22. Cass Information Systems

21. Build-A-Bear Workshop

20. Commerce Bancshares (John W. Kemper)

Read more about John Kemper's transition to CEO.
(Slide edited to correct decrease from last year's pay.)
19. Aegion Corporation

18. Esco Technologies Inc.

17. Spire

16. Commerce Bancshares (David Kemper)

15. Perficient

13. Edgewell Personal Care Co.

Edgewell Personal Care Co. is on the Fortune 1,000. It now has a new CEO and has shifted its headquarters to Connecticut.
12. Belden

Belden is on the Fortune 1,000. Read more about John Stroup's pay.
11. Olin

Olin is on the Fortune 500.ÌýRead more details about John Fischer's pay.
10. Reinsurance Group

Reinsurance Group is on the Fortune 500 list. Read more about Anna Manning's pay.
9. Energizer

8. Peabody Energy

Peabody is on the Fortune 500.ÌýRead more details about Glenn Kellow's pay.
7. Caleres

Caleres is on the Fortune 1,000. Read more about Diane Sullivan's pay.
6. Ameren

Ameren is on the Fortune 500 list. Read more details about Warner Baxter's pay.
(Slide edited to correct ratio of CEO pay to median pay.)
5. Arch Coal

Arch Coal is on the Fortune 1,000.ÌýRead more about John Eaves' pay.
4. Post Holdings

3. Mallinckrodt

Mark Trudeau, Mallinckrodt's CEO, has moved out of state in a restructuring of the company. Read more details about Trudeau's pay.
2. Emerson

Emerson is on the Fortune 500 list. Read more details about David Farr's pay.
1. Centene

Centene is on the Fortune 500 list. Read more details about Michael Neidroff's pay.