Banc of California BANC Proceeds From Life Insurance Policies
Proceeds From Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by Banc of California in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromLifeInsurancePolicies.
The official record: Banc of California’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Banc of California's proceeds from life insurance policies?
- Banc of California (BANC) reported proceeds from life insurance policies of $583K in Q1 2026.
- What is the long-term trend for Banc of California's proceeds from life insurance policies?
- Over 4 years (2021 to 2025), Banc of California's proceeds from life insurance policies has grown at a -15.4% compound annual growth rate (CAGR), from $4.14M to $2.12M.
- What does proceeds from life insurance policies mean?
- Represents cash inflows received from Bank-Owned Life Insurance (BOLI) policies, typically triggered by death benefits or policy surrenders. These proceeds are often used to offset the costs of employee benefit programs. It serves as a non-interest income component that supports overall profitability.