Lakeland Financial LKFN Life Insurance — Bank Owned Life Insurance
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Where this comes from
Reported directly by Lakeland Financial in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Lakeland Financial’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Lakeland Financial's life insurance — bank owned life insurance?
- Lakeland Financial (LKFN) reported life insurance — bank owned life insurance of $123M in Q4 2025.
- How has Lakeland Financial's life insurance — bank owned life insurance changed year-over-year?
- Lakeland Financial's life insurance — bank owned life insurance increased by 14.6% year-over-year, from $107.3M to $123M.
- What does life insurance — bank owned life insurance mean?
- This metric represents the carrying value of Bank-Owned Life Insurance (BOLI) policies held by the institution as a long-term investment asset. These policies are typically utilized by financial institutions to offset the costs associated with employee benefit programs and to provide a tax-advantaged source of non-interest income. The balance reflects the cash surrender value of these policies, which serves as a stable, low-risk component of the bank's investment portfolio.