First United FUNC Bank Owned Life Insurance — Noninterest Income Other
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Where this comes from
Reported directly by First United in its filing.
Tagged under the XBRL concept us-gaap:NoninterestIncomeOther.
The official record: First United’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First United's bank owned life insurance — noninterest income other?
- First United (FUNC) reported bank owned life insurance — noninterest income other of $539K in Q1 2026.
- How has First United's bank owned life insurance — noninterest income other changed year-over-year?
- First United's bank owned life insurance — noninterest income other increased by 58.1% year-over-year, from $341K to $539K.
- What is the long-term trend for First United's bank owned life insurance — noninterest income other?
- Over 4 years (2021 to 2025), First United's bank owned life insurance — noninterest income other has grown at a 4.6% compound annual growth rate (CAGR), from $1.18M to $1.41M.
- What does bank owned life insurance — noninterest income other mean?
- This metric represents miscellaneous non-interest revenue streams generated specifically from the Bank Owned Life Insurance (BOLI) portfolio. It captures ancillary income components that do not fall under primary interest-based earnings, reflecting the diversification of the bank's fee-based revenue from insurance-related assets. Monitoring this helps investors assess the stability and contribution of secondary income sources derived from the bank's investment in life insurance policies.