Community Trust Bancorp CTBI Bank Owned Life Insurance
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 us-gaap:BankOwnedLifeInsurance.
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 bank owned life insurance?
- Community Trust Bancorp (CTBI) reported bank owned life insurance of $123.48M in Q1 2026.
- How has Community Trust Bancorp's bank owned life insurance changed year-over-year?
- Community Trust Bancorp's bank owned life insurance increased by 7.1% year-over-year, from $115.32M to $123.48M.
- What is the long-term trend for Community Trust Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Community Trust Bancorp's bank owned life insurance has grown at a 11.2% compound annual growth rate (CAGR), from $72.37M to $123.27M.
- 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 its key employees. The cash surrender value of these policies is recorded as an asset, providing a tax-advantaged method to offset the costs of employee benefit programs.