Catalyst Bancorp, Inc. CLST Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Catalyst Bancorp, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Catalyst Bancorp, Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Catalyst Bancorp, Inc.'s bank owned life insurance income?
- Catalyst Bancorp, Inc. (CLST) reported bank owned life insurance income of $134K in Q1 2026.
- How has Catalyst Bancorp, Inc.'s bank owned life insurance income changed year-over-year?
- Catalyst Bancorp, Inc.'s bank owned life insurance income increased by 13.6% year-over-year, from $118K to $134K.
- What is the long-term trend for Catalyst Bancorp, Inc.'s bank owned life insurance income?
- Over 4 years (2021 to 2025), Catalyst Bancorp, Inc.'s bank owned life insurance income has grown at a 53.1% compound annual growth rate (CAGR), from $90K to $494K.
- What does bank owned life insurance income mean?
- This represents the income earned on life insurance policies purchased by the bank on the lives of its key employees or officers. The cash value of these policies grows tax-deferred, providing a stable source of non-interest income. It serves as a financial instrument to offset the costs of employee benefit programs.