Capital Bancorp CBNK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Capital Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Capital Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Capital Bancorp's bank owned life insurance?
- Capital Bancorp (CBNK) reported bank owned life insurance of $45.87M in Q1 2026.
- How has Capital Bancorp's bank owned life insurance changed year-over-year?
- Capital Bancorp's bank owned life insurance increased by 3.5% year-over-year, from $44.34M to $45.87M.
- 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. The bank acts as the beneficiary, and the policy growth is typically tax-advantaged, providing a stable source of non-interest income. It is often used as a long-term financial planning tool to offset the costs of employee benefit programs.