Associated Banc-Corp ASB Bank owned life insurance
Bank owned life insurance at other companies
Other financials
Where this comes from
Reported directly by Associated Banc-Corp in its filing.
Tagged under the XBRL concept us-gaap:LifeInsuranceCorporateOrBankOwnedAmount.
The official record: Associated Banc-Corp’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Associated Banc-Corp's bank owned life insurance?
- Associated Banc-Corp (ASB) reported bank owned life insurance of $694.77M in Q1 2026.
- How has Associated Banc-Corp's bank owned life insurance changed year-over-year?
- Associated Banc-Corp's bank owned life insurance increased by 0.6% year-over-year, from $690.55M to $694.77M.
- What is the long-term trend for Associated Banc-Corp's bank owned life insurance?
- Over 5 years (2020 to 2025), Associated Banc-Corp's bank owned life insurance has grown at a 0.4% compound annual growth rate (CAGR), from $679.65M to $694.45M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees. The bank acts as the beneficiary, and the growth in the cash surrender value is typically recorded as noninterest income. It serves as a tax-advantaged asset used to offset the costs of employee benefit plans.