Northfield Bancorp NFBK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Northfield Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Northfield Bancorp’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Northfield Bancorp's bank owned life insurance?
- Northfield Bancorp (NFBK) reported bank owned life insurance of $184.72M in Q1 2026.
- How has Northfield Bancorp's bank owned life insurance changed year-over-year?
- Northfield Bancorp's bank owned life insurance increased by 4.1% year-over-year, from $177.4M to $184.72M.
- What is the long-term trend for Northfield Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Northfield Bancorp's bank owned life insurance has grown at a 2.5% compound annual growth rate (CAGR), from $161.92M to $182.83M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) is a life insurance policy purchased by a bank on the lives of its key employees, where the bank is the beneficiary. It is used as a tax-advantaged investment vehicle to offset the costs of employee benefit programs. The cash surrender value of these policies is recorded as an asset, providing a stable, long-term financial resource.