MainStreet Bancshares, Inc. MNSBP Bank Owned Life Insurance Income
Bank Owned Life Insurance Income 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:BankOwnedLifeInsuranceIncome.
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 income?
- MainStreet Bancshares, Inc. (MNSBP) reported bank owned life insurance income of $319K in Q1 2026.
- How has MainStreet Bancshares, Inc.'s bank owned life insurance income changed year-over-year?
- MainStreet Bancshares, Inc.'s bank owned life insurance income increased by 5.6% year-over-year, from $302K to $319K.
- What is the long-term trend for MainStreet Bancshares, Inc.'s bank owned life insurance income?
- Over 4 years (2021 to 2025), MainStreet Bancshares, Inc.'s bank owned life insurance income has grown at a 8.4% compound annual growth rate (CAGR), from $901K to $1.25M.
- What does bank owned life insurance income mean?
- Refers to the income generated from Bank-Owned Life Insurance (BOLI) policies held on the lives of key employees or executives. This income is typically tax-advantaged and serves as a stable, non-interest revenue stream for the bank. It reflects the bank's strategy to offset the costs of employee benefit plans through long-term insurance assets.