Mercantile Bank Corporation MBWM Proceeds from Life Insurance Policy
Proceeds from Life Insurance Policy at other companies
Other financials
Where this comes from
Reported directly by Mercantile Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromLifeInsurancePolicies.
The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Mercantile Bank Corporation's proceeds from life insurance policy?
- Mercantile Bank Corporation (MBWM) reported proceeds from life insurance policy of $186K in Q1 2026.
- What is the long-term trend for Mercantile Bank Corporation's proceeds from life insurance policy?
- Over 2 years (2022 to 2025), Mercantile Bank Corporation's proceeds from life insurance policy has grown at a 110.8% compound annual growth rate (CAGR), from $628K to $2.79M.
- What does proceeds from life insurance policy mean?
- Represents the cash inflows received from bank-owned life insurance policies, typically resulting from death benefits or policy surrenders. This metric serves as a source of noninterest income that helps stabilize earnings. It provides insight into the realization of value from the bank's long-term insurance investments.