Carter Bankshares, Inc. CARE Proceeds from Death Benefit on Bank Owned Life Insurance
Proceeds from Death Benefit on Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Carter Bankshares, Inc. in its filing.
Tagged under the XBRL concept care:ProceedsFromLifeInsurancePolicyDeathBenefit.
The official record: Carter Bankshares, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Carter Bankshares, Inc.'s proceeds from death benefit on bank owned life insurance?
- Carter Bankshares, Inc. (CARE) reported proceeds from death benefit on bank owned life insurance of $0 in Q1 2026.
- How has Carter Bankshares, Inc.'s proceeds from death benefit on bank owned life insurance changed year-over-year?
- Carter Bankshares, Inc.'s proceeds from death benefit on bank owned life insurance decreased by 100.0% year-over-year, from $687K to $0.
- What does proceeds from death benefit on bank owned life insurance mean?
- Cash inflows received by the bank as the beneficiary of Bank Owned Life Insurance (BOLI) policies upon the death of insured employees. This represents a non-operating recovery of capital that supports the bank's overall liquidity position.