Bogota Financial Corp. BSBK Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Bogota Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Bogota Financial Corp.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Bogota Financial Corp.'s bank owned life insurance income?
- Bogota Financial Corp. (BSBK) reported bank owned life insurance income of $222.29K in Q1 2026.
- How has Bogota Financial Corp.'s bank owned life insurance income changed year-over-year?
- Bogota Financial Corp.'s bank owned life insurance income decreased by 70.8% year-over-year, from $762.23K to $222.29K.
- What is the long-term trend for Bogota Financial Corp.'s bank owned life insurance income?
- Over 4 years (2021 to 2025), Bogota Financial Corp.'s bank owned life insurance income has grown at a -0.0% compound annual growth rate (CAGR), from $1.44M to $1.44M.
- What does bank owned life insurance income mean?
- This represents the income or increase in cash surrender value derived from life insurance policies held by the bank on the lives of its employees or executives. It is a common financial instrument used by banks to offset the costs of employee benefit plans. This income stream is typically stable and serves as a tax-advantaged component of non-interest income.