Princeton Bancorp, Inc. BPRN Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Princeton Bancorp, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Princeton Bancorp, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Princeton Bancorp, Inc.'s bank owned life insurance?
- Princeton Bancorp, Inc. (BPRN) reported bank owned life insurance of $71.4M in Q1 2026.
- How has Princeton Bancorp, Inc.'s bank owned life insurance changed year-over-year?
- Princeton Bancorp, Inc.'s bank owned life insurance decreased by 1.6% year-over-year, from $72.58M to $71.4M.
- What is the long-term trend for Princeton Bancorp, Inc.'s bank owned life insurance?
- Over 4 years (2021 to 2025), Princeton Bancorp, Inc.'s bank owned life insurance has grown at a 8.3% compound annual growth rate (CAGR), from $51.48M to $70.89M.
- 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 or executives. It functions as a tax-advantaged investment vehicle used to offset the costs of employee benefit plans. This asset provides a stable, long-term source of non-interest income for the institution.