CF Bankshares CFBK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by CF Bankshares in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: CF Bankshares’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is CF Bankshares's bank owned life insurance?
- CF Bankshares (CFBK) reported bank owned life insurance of $28.29M in Q1 2026.
- How has CF Bankshares's bank owned life insurance changed year-over-year?
- CF Bankshares's bank owned life insurance increased by 3.5% year-over-year, from $27.34M to $28.29M.
- What is the long-term trend for CF Bankshares's bank owned life insurance?
- Over 5 years (2020 to 2025), CF Bankshares's bank owned life insurance has grown at a 9.9% compound annual growth rate (CAGR), from $17.49M to $28.05M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) consists of life insurance policies purchased by the bank on the lives of key employees, where the bank is the beneficiary. The cash surrender value of these policies is recorded as an asset, and the tax-advantaged income generated helps offset the costs of employee benefit programs. It serves as a long-term financial instrument to manage benefit liabilities and provide stable, non-interest income.