NB Bancorp, Inc. NBBK Proceeds From Surrender Of Bank Owned Life Insurance Policies
Proceeds From Surrender Of Bank Owned Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by NB Bancorp, Inc. in its filing.
Tagged under the XBRL concept nbbk:ProceedsFromSurrenderOfBankOwnedLifeInsurancePolicies.
The official record: NB Bancorp, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is NB Bancorp, Inc.'s proceeds from surrender of bank owned life insurance policies?
- NB Bancorp, Inc. (NBBK) reported proceeds from surrender of bank owned life insurance policies of $14.6M in Q1 2026.
- How has NB Bancorp, Inc.'s proceeds from surrender of bank owned life insurance policies changed year-over-year?
- NB Bancorp, Inc.'s proceeds from surrender of bank owned life insurance policies increased by 19.8% year-over-year, from $12.19M to $14.6M.
- What does proceeds from surrender of bank owned life insurance policies mean?
- This metric captures the cash proceeds received when the bank voluntarily terminates or surrenders Bank-Owned Life Insurance (BOLI) policies. It indicates a strategic decision to liquidate these assets to generate immediate cash for operational or investment needs.