Northfield Bancorp NFBK Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Northfield Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
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 income?
- Northfield Bancorp (NFBK) reported bank owned life insurance income of $1.89M in Q1 2026.
- How has Northfield Bancorp's bank owned life insurance income changed year-over-year?
- Northfield Bancorp's bank owned life insurance income increased by 15.4% year-over-year, from $1.64M to $1.89M.
- What is the long-term trend for Northfield Bancorp's bank owned life insurance income?
- Over 4 years (2021 to 2025), Northfield Bancorp's bank owned life insurance income has grown at a 14.6% compound annual growth rate (CAGR), from $4.1M to $7.07M.
- What does bank owned life insurance income mean?
- This represents the earnings generated from the cash surrender value growth of life insurance policies held by the bank on its employees. It serves as a non-interest income stream that helps offset the costs associated with employee benefit programs.