Norwood Financial NWFL Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Norwood Financial in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Norwood Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Norwood Financial's bank owned life insurance income?
- Norwood Financial (NWFL) reported bank owned life insurance income of $314K in Q1 2026.
- How has Norwood Financial's bank owned life insurance income changed year-over-year?
- Norwood Financial's bank owned life insurance income increased by 9.8% year-over-year, from $286K to $314K.
- What is the long-term trend for Norwood Financial's bank owned life insurance income?
- Over 4 years (2021 to 2025), Norwood Financial's bank owned life insurance income has grown at a 3.7% compound annual growth rate (CAGR), from $942K to $1.09M.
- What does bank owned life insurance income mean?
- Income generated from the increase in the cash surrender value of life insurance policies owned by the bank on the lives of its employees or executives. This serves as a tax-advantaged non-interest income source that helps offset the costs of employee benefit programs.