Farmers National Banc Corp FMNB Bank Owned Life Insurance Income Excluding Death Benefit
Bank Owned Life Insurance Income Excluding Death Benefit at other companies
Other financials
Where this comes from
Reported directly by Farmers National Banc Corp in its filing.
Tagged under the XBRL concept fmnb:BankOwnedLifeInsuranceIncomeExcludingDeathBenefit.
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 income excluding death benefit?
- Farmers National Banc Corp (FMNB) reported bank owned life insurance income excluding death benefit of $966K in Q1 2026.
- How has Farmers National Banc Corp's bank owned life insurance income excluding death benefit changed year-over-year?
- Farmers National Banc Corp's bank owned life insurance income excluding death benefit increased by 38.2% year-over-year, from $699K to $966K.
- What is the long-term trend for Farmers National Banc Corp's bank owned life insurance income excluding death benefit?
- Over 2 years (2023 to 2025), Farmers National Banc Corp's bank owned life insurance income excluding death benefit has grown at a 18.4% compound annual growth rate (CAGR), from $2.34M to $3.28M.
- What does bank owned life insurance income excluding death benefit mean?
- This represents the periodic increase in the cash surrender value of bank-owned life insurance policies, excluding any proceeds from death benefits. It serves as a non-interest income stream that helps offset the costs of employee benefit programs. This metric highlights the bank's use of insurance products as a tax-advantaged financial management tool.