Farmers & Merchants Bancorp FMAO Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Farmers & Merchants Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Farmers & Merchants Bancorp’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Farmers & Merchants Bancorp's bank owned life insurance?
- Farmers & Merchants Bancorp (FMAO) reported bank owned life insurance of $45.41M in Q1 2026.
- How has Farmers & Merchants Bancorp's bank owned life insurance changed year-over-year?
- Farmers & Merchants Bancorp's bank owned life insurance increased by 29.3% year-over-year, from $35.12M to $45.41M.
- What is the long-term trend for Farmers & Merchants Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Farmers & Merchants Bancorp's bank owned life insurance has grown at a 13.5% compound annual growth rate (CAGR), from $25.21M to $47.41M.
- 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 key employees or officers. The bank acts as the beneficiary, and the policy provides a tax-advantaged method to offset the costs of employee benefit programs. It serves as a stable, long-term asset that contributes to non-interest income through policy growth.