NB Bancorp, Inc. NBBK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by NB Bancorp, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
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 bank owned life insurance?
- NB Bancorp, Inc. (NBBK) reported bank owned life insurance of $110.59M in Q1 2026.
- How has NB Bancorp, Inc.'s bank owned life insurance changed year-over-year?
- NB Bancorp, Inc.'s bank owned life insurance increased by 6.7% year-over-year, from $103.69M to $110.59M.
- What is the long-term trend for NB Bancorp, Inc.'s bank owned life insurance?
- Over 3 years (2022 to 2025), NB Bancorp, Inc.'s bank owned life insurance has grown at a 28.6% compound annual growth rate (CAGR), from $49.01M to $104.34M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees. It functions as a tax-advantaged asset that helps offset the costs associated with employee benefit plans. The growth in this asset reflects the accumulation of policy cash values over time.