Community Trust Bancorp CTBI Proceeds From Redemption Of Bank Owned Life Insurance
Proceeds From Redemption Of Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Community Trust Bancorp in its filing.
Tagged under the XBRL concept ctbi:ProceedsFromRedemptionOfBankOwnedLifeInsurance.
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 proceeds from redemption of bank owned life insurance?
- Community Trust Bancorp (CTBI) reported proceeds from redemption of bank owned life insurance of $604K in Q1 2026.
- How has Community Trust Bancorp's proceeds from redemption of bank owned life insurance changed year-over-year?
- Community Trust Bancorp's proceeds from redemption of bank owned life insurance increased by 37.3% year-over-year, from $440K to $604K.
- What does proceeds from redemption of bank owned life insurance mean?
- This metric captures cash inflows received when the bank surrenders or redeems Bank-Owned Life Insurance policies. Such redemptions may occur to realize investment gains or to provide liquidity for general corporate purposes. It reflects the bank's ability to access the cash value built up within these insurance assets.