First Mid Bancshares, Inc. FMBH Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by First Mid Bancshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: First Mid Bancshares, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Mid Bancshares, Inc.'s bank owned life insurance?
- First Mid Bancshares, Inc. (FMBH) reported bank owned life insurance of $186.04M in Q1 2026.
- How has First Mid Bancshares, Inc.'s bank owned life insurance changed year-over-year?
- First Mid Bancshares, Inc.'s bank owned life insurance increased by 8.7% year-over-year, from $171.13M to $186.04M.
- What is the long-term trend for First Mid Bancshares, Inc.'s bank owned life insurance?
- Over 5 years (2020 to 2025), First Mid Bancshares, Inc.'s bank owned life insurance has grown at a 20.5% compound annual growth rate (CAGR), from $68.96M to $174.92M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) is a life insurance policy purchased by the bank on the lives of key employees, where the bank is the beneficiary. It serves as a tax-advantaged investment vehicle to offset the costs of employee benefit plans. The cash surrender value of these policies is recorded as a long-term asset.