Equity Bancshares EQBK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Equity Bancshares in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Equity Bancshares’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Equity Bancshares's bank owned life insurance?
- Equity Bancshares (EQBK) reported bank owned life insurance of $149.7M in Q1 2026.
- How has Equity Bancshares's bank owned life insurance changed year-over-year?
- Equity Bancshares's bank owned life insurance increased by 13.1% year-over-year, from $132.32M to $149.7M.
- What is the long-term trend for Equity Bancshares's bank owned life insurance?
- Over 5 years (2020 to 2025), Equity Bancshares's bank owned life insurance has grown at a 14.0% compound annual growth rate (CAGR), from $77.04M to $148.3M.
- What does bank owned life insurance mean?
- This represents life insurance policies purchased by the bank on the lives of key employees or officers, where the bank is the beneficiary. It is used as a tax-advantaged investment vehicle to offset the costs of employee benefit plans. The cash surrender value of these policies is recorded as an asset on the balance sheet.