First Business Financial Services FBIZ Payment to Acquire Life Insurance Policy, Investing Activities
Payment to Acquire Life Insurance Policy, Investing Activities at other companies
Other financials
Where this comes from
Reported directly by First Business Financial Services in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: First Business Financial Services’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Business Financial Services's payment to acquire life insurance policy, investing activities?
- First Business Financial Services (FBIZ) reported payment to acquire life insurance policy, investing activities of $25K in Q1 2026.
- What does payment to acquire life insurance policy, investing activities mean?
- Captures the cash cost of purchasing life insurance contracts on key employees or executives, held as a corporate asset. These policies are typically acquired to provide a stable, tax-advantaged return to cover future benefit obligations. This metric indicates the bank's allocation of capital toward non-interest income-generating assets.