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Customers Bancorp CUBI Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Customers Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The source filing: Customers Bancorp’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 4:38 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001488813-26-000095
| Line item | June 30,2026 | December 31,2025 |
|---|---|---|
| FHLB, Federal Reserve Bank, and other restricted stock | 144,971 | 110,411 |
| Accrued interest receivable | 103,125 | 103,626 |
| Bank premises and equipment, net | 19,773 | 16,745 |
| Bank-owned life insurance | 310,312 | 305,503 |
| Other real estate owned | 12,568 | 12,432 |
| Goodwill and other intangibles | 3,629 | 3,629 |
| Other assets | 638,054 | 638,419 |
| Total assets | $26,520,789 | $24,895,868 |
Item 1. Customers Bancorp, Inc. Consolidated Financial Statements as of June 30, 2026 and for the three and six month periods ended June 30, 2026 and 2025 (unaudited)
FAQ
- What is Customers Bancorp's bank owned life insurance?
- Customers Bancorp (CUBI) reported bank owned life insurance of $310.31M in Q2 2026.
- How has Customers Bancorp's bank owned life insurance changed year-over-year?
- Customers Bancorp's bank owned life insurance increased by 3.2% year-over-year, from $300.75M to $310.31M.
- What is the long-term trend for Customers Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Customers Bancorp's bank owned life insurance has grown at a 1.8% compound annual growth rate (CAGR), from $280.07M to $305.5M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies purchased by the bank on the lives of its employees or executives. The bank acts as the beneficiary, using these policies to offset the costs of employee benefit programs. It serves as a tax-advantaged asset that provides stable, long-term returns.
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