Community Trust Bancorp CTBI Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
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Where this comes from
Reported directly by Community Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
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 income?
- Community Trust Bancorp (CTBI) reported bank owned life insurance income of $1.71M in Q1 2026.
- How has Community Trust Bancorp's bank owned life insurance income changed year-over-year?
- Community Trust Bancorp's bank owned life insurance income increased by 65.6% year-over-year, from $1.04M to $1.71M.
- What is the long-term trend for Community Trust Bancorp's bank owned life insurance income?
- Over 4 years (2021 to 2025), Community Trust Bancorp's bank owned life insurance income has grown at a 11.9% compound annual growth rate (CAGR), from $2.84M to $4.46M.
- What does bank owned life insurance income mean?
- Income recognized from the cash surrender value increases or death benefits associated with life insurance policies held by the bank on the lives of key employees. This serves as a tax-advantaged financial instrument used to offset the costs of employee benefit plans.