Community Trust Bancorp CTBI Payment to Acquire Life Insurance Policy, Investing Activities
Payment to Acquire Life Insurance Policy, Investing Activities at other companies
Other financials
Where this comes from
Reported directly by Community Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Community Trust Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Community Trust Bancorp's payment to acquire life insurance policy, investing activities?
- Community Trust Bancorp (CTBI) reported payment to acquire life insurance policy, investing activities of $0 in Q1 2026.
- How has Community Trust Bancorp's payment to acquire life insurance policy, investing activities changed year-over-year?
- Community Trust Bancorp's payment to acquire life insurance policy, investing activities decreased by 100.0% year-over-year, from $13.55M to $0.
- What is the long-term trend for Community Trust Bancorp's payment to acquire life insurance policy, investing activities?
- Over 4 years (2021 to 2025), Community Trust Bancorp's payment to acquire life insurance policy, investing activities has grown at a 2.7% compound annual growth rate (CAGR), from $17.18M to $19.12M.
- What does payment to acquire life insurance policy, investing activities mean?
- This represents cash outflows for the purchase or premium payments of Bank-Owned Life Insurance (BOLI) policies. Banks often use BOLI as a tax-advantaged investment vehicle to offset the costs of employee benefit plans. These payments reflect the bank's strategy for long-term asset management and tax efficiency.