First US Bancshares, Inc. FUSB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by First US Bancshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: First US Bancshares, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First US Bancshares, Inc.'s bank owned life insurance?
- First US Bancshares, Inc. (FUSB) reported bank owned life insurance of $17.47M in Q1 2026.
- How has First US Bancshares, Inc.'s bank owned life insurance changed year-over-year?
- First US Bancshares, Inc.'s bank owned life insurance increased by 1.9% year-over-year, from $17.15M to $17.47M.
- What is the long-term trend for First US Bancshares, Inc.'s bank owned life insurance?
- Over 5 years (2020 to 2025), First US Bancshares, Inc.'s bank owned life insurance has grown at a 1.9% compound annual growth rate (CAGR), from $15.85M to $17.38M.
- 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 key employees or executives. The bank acts as the beneficiary, using these policies to offset the costs of employee benefit plans and provide tax-advantaged income. It serves as a long-term financial asset that contributes to noninterest income stability.