Orange County Bancorp OBT Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Orange County Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Orange County Bancorp’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Orange County Bancorp's bank owned life insurance?
- Orange County Bancorp (OBT) reported bank owned life insurance of $32.77M in Q1 2026.
- How has Orange County Bancorp's bank owned life insurance changed year-over-year?
- Orange County Bancorp's bank owned life insurance decreased by 22.9% year-over-year, from $42.52M to $32.77M.
- What is the long-term trend for Orange County Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Orange County Bancorp's bank owned life insurance has grown at a 2.7% compound annual growth rate (CAGR), from $28.52M to $32.58M.
- 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 financial asset that contributes to non-interest income through periodic increases in cash surrender value.