Camden National CAC Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Camden National in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Camden National’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Camden National's bank owned life insurance income?
- Camden National (CAC) reported bank owned life insurance income of $791K in Q1 2026.
- How has Camden National's bank owned life insurance income changed year-over-year?
- Camden National's bank owned life insurance income increased by 19.8% year-over-year, from $660K to $791K.
- What is the long-term trend for Camden National's bank owned life insurance income?
- Over 4 years (2021 to 2025), Camden National's bank owned life insurance income has grown at a 9.8% compound annual growth rate (CAGR), from $2.36M to $3.44M.
- What does bank owned life insurance income mean?
- This represents the income generated from life insurance policies held by the bank on the lives of its employees or executives. It serves as a tax-advantaged investment vehicle to offset the costs of employee benefit plans. Fluctuations in this income often reflect changes in the cash surrender value of the underlying policies.