Farmers National Banc Corp FMNB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Farmers National Banc Corp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Farmers National Banc Corp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Farmers National Banc Corp's bank owned life insurance?
- Farmers National Banc Corp (FMNB) reported bank owned life insurance of $153.09M in Q1 2026.
- How has Farmers National Banc Corp's bank owned life insurance changed year-over-year?
- Farmers National Banc Corp's bank owned life insurance increased by 31.1% year-over-year, from $116.79M to $153.09M.
- What is the long-term trend for Farmers National Banc Corp's bank owned life insurance?
- Over 5 years (2020 to 2025), Farmers National Banc Corp's bank owned life insurance has grown at a 18.4% compound annual growth rate (CAGR), from $51.32M to $119.37M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) consists of life insurance policies purchased by the bank on the lives of key employees, where the bank is the beneficiary. These assets are held to offset the costs of employee benefit programs and provide a tax-advantaged return on investment. The cash surrender value of these policies is recorded as a non-current asset and serves as a stable, long-term financial instrument for the institution.