Dime Community Bancshares DCOM Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

Valley National BankVLY

$742.23M+1.0%

CTB

Community Trust BancorpCTBI

$124.31M+7.1%

Financial InstitutionsFISI

$179.16M-26.2%

Center BancorpCNOB

$373.66M+52.7%

First Mid Bancshares, Inc.FMBH

$187.13M+8.6%

Fidelity D & D Bancorp, Inc.FDBC

$60.19M+2.3%

FAQ

What is Dime Community Bancshares's bank owned life insurance?

Dime Community Bancshares (DCOM) reported bank owned life insurance of $417.46M in Q2 2026.

How has Dime Community Bancshares's bank owned life insurance changed year-over-year?

Dime Community Bancshares's bank owned life insurance increased by 6.1% year-over-year, from $393.35M to $417.46M.

What is the long-term trend for Dime Community Bancshares's bank owned life insurance?

Over 5 years (2020 to 2025), Dime Community Bancshares's bank owned life insurance has grown at a 20.8% compound annual growth rate (CAGR), from $156.1M to $401.16M.

What does bank owned life insurance mean?

The cash surrender value of life insurance policies purchased by the bank on the lives of key employees or executives. This asset serves as a tax-advantaged vehicle to offset the costs of employee benefit programs. It represents a long-term investment that provides stable, non-interest income growth for the institution.