Independent Bank Corporation IBCP Proceeds From Life Insurance Policies
Proceeds From Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromLifeInsurancePolicies.
The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Independent Bank Corporation's proceeds from life insurance policies?
- Independent Bank Corporation (IBCP) reported proceeds from life insurance policies of $0 in Q1 2026.
- How has Independent Bank Corporation's proceeds from life insurance policies changed year-over-year?
- Independent Bank Corporation's proceeds from life insurance policies decreased by 100.0% year-over-year, from $431K to $0.
- What is the long-term trend for Independent Bank Corporation's proceeds from life insurance policies?
- Over 2 years (2021 to 2025), Independent Bank Corporation's proceeds from life insurance policies has grown at a 66.4% compound annual growth rate (CAGR), from $467K to $1.29M.
- What does proceeds from life insurance policies mean?
- This metric represents the cash inflows received from bank-owned life insurance (BOLI) policies, typically resulting from death benefits or policy surrenders. For a financial institution, these proceeds reflect the realization of value from long-term investments used to offset employee benefit costs.