First Northwest Bancorp FNWB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by First Northwest Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: First Northwest Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Northwest Bancorp's bank owned life insurance?
- First Northwest Bancorp (FNWB) reported bank owned life insurance of $42.85M in Q1 2026.
- How has First Northwest Bancorp's bank owned life insurance changed year-over-year?
- First Northwest Bancorp's bank owned life insurance increased by 34.8% year-over-year, from $31.79M to $42.85M.
- What is the long-term trend for First Northwest Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), First Northwest Bancorp's bank owned life insurance has grown at a 2.0% compound annual growth rate (CAGR), from $38.35M to $42.38M.
- 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 its key employees or officers. The bank acts as the beneficiary, using the policy to offset the costs of employee benefit plans and to provide a tax-advantaged return on capital. It serves as a stable, long-term financial asset that contributes to non-interest income through periodic increases in cash value.