Mid Penn Bancorp MPB Proceeds From Life Insurance Policies
Proceeds From Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by Mid Penn Bancorp in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromLifeInsurancePolicies.
The official record: Mid Penn Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Mid Penn Bancorp's proceeds from life insurance policies?
- Mid Penn Bancorp (MPB) reported proceeds from life insurance policies of $2.02M in Q1 2026.
- How has Mid Penn Bancorp's proceeds from life insurance policies changed year-over-year?
- Mid Penn Bancorp's proceeds from life insurance policies increased by 283.7% year-over-year, from $527K to $2.02M.
- What does proceeds from life insurance policies mean?
- This tracks cash inflows received from bank-owned life insurance policies, typically resulting from death benefit proceeds or policy surrenders. These policies are often held as a tax-advantaged method to offset the costs of employee benefit programs. It represents a non-core source of liquidity and income for the institution.