Bar Harbor Bankshares BHB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Bar Harbor Bankshares in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Bar Harbor Bankshares’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Bar Harbor Bankshares's bank owned life insurance?
- Bar Harbor Bankshares (BHB) reported bank owned life insurance of $89.82M in Q1 2026.
- How has Bar Harbor Bankshares's bank owned life insurance changed year-over-year?
- Bar Harbor Bankshares's bank owned life insurance increased by 8.9% year-over-year, from $82.47M to $89.82M.
- What is the long-term trend for Bar Harbor Bankshares's bank owned life insurance?
- Over 5 years (2020 to 2025), Bar Harbor Bankshares's bank owned life insurance has grown at a 4.3% compound annual growth rate (CAGR), from $77.87M to $96.25M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) represents life insurance policies purchased by the bank on the lives of key employees or officers. The bank is the beneficiary of these policies, which provide a tax-advantaged method to offset the costs of employee benefit programs. The cash surrender value of these policies is recorded as an asset on the balance sheet.