Hoyne Bancorp, Inc. HYNE 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 Hoyne Bancorp, Inc. in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Hoyne Bancorp, Inc. ’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hoyne Bancorp, Inc. 's payment to acquire life insurance policy, investing activities?
- Hoyne Bancorp, Inc. (HYNE) reported payment to acquire life insurance policy, investing activities of $5M in Q1 2026.
- What does payment to acquire life insurance policy, investing activities mean?
- Represents cash outflows used to purchase or increase the coverage of Bank-Owned Life Insurance (BOLI) policies. These payments are considered long-term investments intended to provide tax-efficient income and offset employee benefit costs. It indicates the bank's strategy regarding the allocation of excess capital into stable, long-term insurance assets.