MainStreet Bancshares, Inc. MNSBP Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by MainStreet Bancshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: MainStreet Bancshares, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is MainStreet Bancshares, Inc.'s bank owned life insurance?
- MainStreet Bancshares, Inc. (MNSBP) reported bank owned life insurance of $41.07M in Q1 2026.
- How has MainStreet Bancshares, Inc.'s bank owned life insurance changed year-over-year?
- MainStreet Bancshares, Inc.'s bank owned life insurance increased by 3.2% year-over-year, from $39.81M to $41.07M.
- What is the long-term trend for MainStreet Bancshares, Inc.'s bank owned life insurance?
- Over 5 years (2020 to 2025), MainStreet Bancshares, Inc.'s bank owned life insurance has grown at a 10.0% compound annual growth rate (CAGR), from $25.34M to $40.75M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies held by the bank on the lives of its employees or executives. It serves as a tax-advantaged asset that provides a stable return and can be used to offset the costs of employee benefit programs.