First Internet Bancorp INBK Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

Customers BancorpCUBI

$306.93M+2.8%

Southern First BancsharesSFST

$56.22M+3.2%

First Business Financial ServicesFBIZ

$84.78M+47.1%

Business First BancsharesBFST

$132.68M+12.5%

Eagle BancorpEGBN

$339.84M+6.2%

First Financial CorporationTHFF

$136.45M+5.4%

Questions, answered.

What is First Internet Bancorp's bank owned life insurance?

First Internet Bancorp (INBK) reported bank owned life insurance of $42.86M in Q1 2026.

How has First Internet Bancorp's bank owned life insurance changed year-over-year?

First Internet Bancorp's bank owned life insurance increased by 2.9% year-over-year, from $41.68M to $42.86M.

What is the long-term trend for First Internet Bancorp's bank owned life insurance?

Over 5 years (2020 to 2025), First Internet Bancorp's bank owned life insurance has grown at a 2.3% compound annual growth rate (CAGR), from $37.95M to $42.56M.

What does bank owned life insurance mean?

This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees or officers. The bank is the beneficiary of these policies, which are used to offset the costs of employee benefit plans. It serves as a tax-advantaged asset that provides long-term financial stability.