Horizon Bancorp HBNC Cash surrender value of life insurance policies
Cash surrender value of life insurance policies at other companies
Other financials
Where this comes from
Reported directly by Horizon Bancorp in its filing.
Tagged under the XBRL concept us-gaap:CashSurrenderValueOfLifeInsurance.
The official record: Horizon Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Horizon Bancorp's cash surrender value of life insurance policies?
- Horizon Bancorp (HBNC) reported cash surrender value of life insurance policies of $37.07M in Q1 2026.
- How has Horizon Bancorp's cash surrender value of life insurance policies changed year-over-year?
- Horizon Bancorp's cash surrender value of life insurance policies decreased by 0.9% year-over-year, from $37.41M to $37.07M.
- What is the long-term trend for Horizon Bancorp's cash surrender value of life insurance policies?
- Over 5 years (2020 to 2025), Horizon Bancorp's cash surrender value of life insurance policies has grown at a -17.6% compound annual growth rate (CAGR), from $96.75M to $36.73M.
- What does cash surrender value of life insurance policies mean?
- This is the amount the bank would receive if it were to cancel the life insurance policies it holds on key employees or executives. It represents a non-operating asset that provides a stable, tax-advantaged return over time. It is often used as a long-term financial planning tool to offset benefit costs.