Landmark Bancorp LARK Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Landmark Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
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 income?
- Landmark Bancorp (LARK) reported bank owned life insurance income of $373K in Q1 2026.
- How has Landmark Bancorp's bank owned life insurance income changed year-over-year?
- Landmark Bancorp's bank owned life insurance income increased by 37.1% year-over-year, from $272K to $373K.
- What is the long-term trend for Landmark Bancorp's bank owned life insurance income?
- Over 4 years (2021 to 2025), Landmark Bancorp's bank owned life insurance income has grown at a 13.0% compound annual growth rate (CAGR), from $686K to $1.12M.
- What does bank owned life insurance income mean?
- Represents the income generated from the cash surrender value growth of life insurance policies held by the bank on the lives of its employees or executives. This serves as a tax-advantaged financial instrument used to offset the costs of employee benefit programs. Consistent income from this source contributes to the bank's non-interest income stream.