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?
- Reflects the cash outflows associated with the purchase of new bank-owned life insurance (BOLI) policies or additional premiums paid on existing contracts. This represents a capital allocation decision to invest in tax-advantaged assets intended to provide long-term income.