Finward Bancorp FNWD Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Finward Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Finward Bancorp’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Finward Bancorp's bank owned life insurance?
- Finward Bancorp (FNWD) reported bank owned life insurance of $33.79M in Q1 2026.
- How has Finward Bancorp's bank owned life insurance changed year-over-year?
- Finward Bancorp's bank owned life insurance increased by 0.2% year-over-year, from $33.71M to $33.79M.
- What is the long-term trend for Finward Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Finward Bancorp's bank owned life insurance has grown at a 1.8% compound annual growth rate (CAGR), from $30.73M to $33.59M.
- 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 these policies to offset the costs of employee benefit plans. It serves as a tax-advantaged asset that provides long-term financial stability.