ECB Bancorp, Inc. ECBK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by ECB Bancorp, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: ECB Bancorp, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is ECB Bancorp, Inc.'s bank owned life insurance?
- ECB Bancorp, Inc. (ECBK) reported bank owned life insurance of $15.54M in Q1 2026.
- How has ECB Bancorp, Inc.'s bank owned life insurance changed year-over-year?
- ECB Bancorp, Inc.'s bank owned life insurance increased by 3.2% year-over-year, from $15.06M to $15.54M.
- What is the long-term trend for ECB Bancorp, Inc.'s bank owned life insurance?
- Over 4 years (2021 to 2025), ECB Bancorp, Inc.'s bank owned life insurance has grown at a 2.2% compound annual growth rate (CAGR), from $14.14M to $15.42M.
- What does bank owned life insurance mean?
- This refers to the cash surrender value of life insurance policies purchased by the bank on the lives of its key employees or officers. The bank acts as the beneficiary, using the policy as a tax-advantaged vehicle to offset the costs of employee benefit plans. It serves as a stable, long-term asset that provides supplemental income through tax-deferred growth.