Heritage Financial HFWA Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Heritage Financial in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Heritage Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Heritage Financial's bank owned life insurance income?
- Heritage Financial (HFWA) reported bank owned life insurance income of $1.12M in Q1 2026.
- How has Heritage Financial's bank owned life insurance income changed year-over-year?
- Heritage Financial's bank owned life insurance income increased by 21.9% year-over-year, from $918K to $1.12M.
- What is the long-term trend for Heritage Financial's bank owned life insurance income?
- Over 4 years (2021 to 2025), Heritage Financial's bank owned life insurance income has grown at a 14.8% compound annual growth rate (CAGR), from $2.52M to $4.38M.
- What does bank owned life insurance income mean?
- Income generated from the cash surrender value growth or death benefits of life insurance policies held on the lives of bank employees or executives. This serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit programs. It represents a stable, recurring component of non-interest income for many financial institutions.