Landmark Bancorp LARK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Landmark Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Landmark Bancorp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Landmark Bancorp's bank owned life insurance?
- Landmark Bancorp (LARK) reported bank owned life insurance of $40.29M in Q1 2026.
- How has Landmark Bancorp's bank owned life insurance changed year-over-year?
- Landmark Bancorp's bank owned life insurance increased by 2.4% year-over-year, from $39.33M to $40.29M.
- What is the long-term trend for Landmark Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Landmark Bancorp's bank owned life insurance has grown at a 9.6% compound annual growth rate (CAGR), from $25.42M to $40.18M.
- 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 its employees or executives. The bank is the beneficiary of these policies, which are often used to offset the costs of employee benefit programs. It serves as a tax-advantaged asset that provides long-term liquidity and earnings stability.