Greene County Bancorp GCBC Payment to Acquire Life Insurance Policy, Investing Activities
Payment to Acquire Life Insurance Policy, Investing Activities at other companies
Other financials
Where this comes from
Reported directly by Greene County Bancorp in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Greene County Bancorp’s 10-K, filed September 5, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Greene County Bancorp's payment to acquire life insurance policy, investing activities?
- Greene County Bancorp (GCBC) reported payment to acquire life insurance policy, investing activities of $0 in Q2 2025.
- How has Greene County Bancorp's payment to acquire life insurance policy, investing activities changed year-over-year?
- Greene County Bancorp's payment to acquire life insurance policy, investing activities decreased by 100.0% year-over-year, from $5.78M to $0.
- What is the long-term trend for Greene County Bancorp's payment to acquire life insurance policy, investing activities?
- Over 3 years (2021 to 2024), Greene County Bancorp's payment to acquire life insurance policy, investing activities has grown at a -16.7% compound annual growth rate (CAGR), from $40M to $23.1M.
- What does payment to acquire life insurance policy, investing activities mean?
- Represents the cash outflows used to purchase or increase the cash surrender value of bank-owned life insurance (BOLI) policies. This activity is typically undertaken to offset the costs of employee benefit programs through tax-advantaged growth. It reflects the bank's strategic allocation of capital toward long-term financial assets.