NBT Bancorp NBTB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by NBT Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: NBT Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is NBT Bancorp's bank owned life insurance?
- NBT Bancorp (NBTB) reported bank owned life insurance of $319.4M in Q1 2026.
- How has NBT Bancorp's bank owned life insurance changed year-over-year?
- NBT Bancorp's bank owned life insurance increased by 17.5% year-over-year, from $271.72M to $319.4M.
- What is the long-term trend for NBT Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), NBT Bancorp's bank owned life insurance has grown at a 11.3% compound annual growth rate (CAGR), from $186.43M to $317.73M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) represents life insurance policies purchased by the bank on the lives of key employees, where the bank is the beneficiary. The cash surrender value of these policies is recorded as an asset, providing a tax-advantaged method to offset the costs of employee benefit plans. It serves as a long-term investment vehicle that generates stable, non-interest income.