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First Seacoast Bancorp FSEA Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

BCB Bancorp logo
BCB BancorpBCBP
$946K+55.6%
Home Bancorp logo
Home BancorpHBCP
$285K+2.5%
SBC
Seacoast Banking Corporation of FloridaSBCF
$2.62M+6.0%
Shore Bancshares logo
Shore BancsharesSHBI
$33K-93.8%
Independent Bank Corp logo
Independent Bank CorpINDB
$2.71M+31.3%
Western New England Bancorp logo
Western New England BancorpWNEB
$476K+0.6%

Other financials

Income statement

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Revenue$3.9M+11.2%
Net income-$508.0K+15.8%
EPS (diluted)-$0.12+14.3%

Balance sheet

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Total debt$7.7M+8.2%
Total equity$62.6M+2.3%
Total assets$588.8M-0.6%

Cash flow

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Operating cash flow$547.0K-4.5%
CapEx$346.0K+1,016%
Free cash flow$201.0K-62.9%

Valuation

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Market cap$79.1M+49.2%
P/S+1.2×

Profitability

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Net margin-4.7%-5.0pp
FCF margin-18.3%

Returns & leverage

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Return on equity-1.2%-1.3pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by First Seacoast Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The official record: First Seacoast Bancorp’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Seacoast Bancorp's bank owned life insurance income?
First Seacoast Bancorp (FSEA) reported bank owned life insurance income of $20K in Q1 2026.
How has First Seacoast Bancorp's bank owned life insurance income changed year-over-year?
First Seacoast Bancorp's bank owned life insurance income decreased by 4.8% year-over-year, from $21K to $20K.
What is the long-term trend for First Seacoast Bancorp's bank owned life insurance income?
Over 4 years (2021 to 2025), First Seacoast Bancorp's bank owned life insurance income has grown at a 0.5% compound annual growth rate (CAGR), from $105K to $107K.
What does bank owned life insurance income mean?
Income derived from the cash surrender value growth or death benefits of life insurance policies held on the lives of key employees. It serves as a tax-advantaged source of non-interest income used to offset benefit-related expenses.