Independent Bank Corp INDB 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 Independent Bank Corp in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Independent Bank Corp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
Questions, answered.
- What is Independent Bank Corp's payment to acquire life insurance policy, investing activities?
- Independent Bank Corp (INDB) reported payment to acquire life insurance policy, investing activities of $0 in Q1 2026.
- How has Independent Bank Corp's payment to acquire life insurance policy, investing activities changed year-over-year?
- Independent Bank Corp's payment to acquire life insurance policy, investing activities decreased by 100.0% year-over-year, from $47K to $0.
- What is the long-term trend for Independent Bank Corp's payment to acquire life insurance policy, investing activities?
- Over 4 years (2021 to 2025), Independent Bank Corp's payment to acquire life insurance policy, investing activities has grown at a -76.8% compound annual growth rate (CAGR), from $40.16M to $117K.
- What does payment to acquire life insurance policy, investing activities mean?
- Refers to cash outflows for the purchase of Bank-Owned Life Insurance (BOLI) policies. Banks utilize these policies as a financial tool to offset the costs of employee benefit programs and provide tax-advantaged returns.