NB Bancorp, Inc. NBBK Bank Owned Life Insurance Income
Bank Owned Life Insurance Income 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:BankOwnedLifeInsuranceIncome.
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 income?
- NB Bancorp, Inc. (NBBK) reported bank owned life insurance income of $853K in Q1 2026.
- How has NB Bancorp, Inc.'s bank owned life insurance income changed year-over-year?
- NB Bancorp, Inc.'s bank owned life insurance income decreased by 17.3% year-over-year, from $1.03M to $853K.
- What is the long-term trend for NB Bancorp, Inc.'s bank owned life insurance income?
- Over 2 years (2023 to 2025), NB Bancorp, Inc.'s bank owned life insurance income has grown at a 47.7% compound annual growth rate (CAGR), from $1.51M to $3.29M.
- What does bank owned life insurance income mean?
- This captures the income or increase in cash surrender value associated with life insurance policies held by the bank on its employees or executives. It is a tax-advantaged financial instrument used to offset the costs of employee benefit plans.