First Merchants Corporation FRME Cash surrender value of life insurance policies
Cash surrender value of life insurance policies at other companies
Other financials
Where this comes from
Reported directly by First Merchants Corporation in its filing.
Tagged under the XBRL concept us-gaap:CashSurrenderValueOfLifeInsurance.
The official record: First Merchants Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Merchants Corporation's cash surrender value of life insurance policies?
- First Merchants Corporation (FRME) reported cash surrender value of life insurance policies of $371.24M in Q1 2026.
- How has First Merchants Corporation's cash surrender value of life insurance policies changed year-over-year?
- First Merchants Corporation's cash surrender value of life insurance policies increased by 21.8% year-over-year, from $304.92M to $371.24M.
- What is the long-term trend for First Merchants Corporation's cash surrender value of life insurance policies?
- Over 5 years (2020 to 2025), First Merchants Corporation's cash surrender value of life insurance policies has grown at a 1.0% compound annual growth rate (CAGR), from $292.75M to $308.44M.
- What does cash surrender value of life insurance policies mean?
- This represents the accumulated cash value of bank-owned life insurance policies covering key employees or executives. It functions as a long-term asset that provides tax-advantaged growth and a potential source of liquidity for the institution. It is often used to offset the costs associated with employee benefit plans.