Independent Bank Corp INDB Gain Realized on Life Insurance Policies
Gain Realized on Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by Independent Bank Corp in its filing.
Tagged under the XBRL concept indb:GainRealizedOnLifeInsurancePolicies.
The official record: Independent Bank Corp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Independent Bank Corp's gain realized on life insurance policies?
- Independent Bank Corp (INDB) reported gain realized on life insurance policies of $346K in Q1 2026.
- What is the long-term trend for Independent Bank Corp's gain realized on life insurance policies?
- Over 4 years (2021 to 2025), Independent Bank Corp's gain realized on life insurance policies has grown at a 66.1% compound annual growth rate (CAGR), from $258K to $1.97M.
- What does gain realized on life insurance policies mean?
- This measures the realized gain recognized upon the settlement or surrender of bank-owned life insurance policies. It represents the difference between the proceeds received and the carrying value of the policy at the time of disposition. This is typically a non-recurring item that impacts net income.