OceanFirst Financial OCFC Escrow payable for property taxes and insurance
Escrow payable for property taxes and insurance at other companies
Other financials
Where this comes from
Reported directly by OceanFirst Financial in its filing.
Tagged under the XBRL concept us-gaap:AdvancePaymentsByBorrowersForTaxesAndInsurance.
The official record: OceanFirst Financial’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is OceanFirst Financial's escrow payable for property taxes and insurance?
- OceanFirst Financial (OCFC) reported escrow payable for property taxes and insurance of $25.85M in Q1 2026.
- How has OceanFirst Financial's escrow payable for property taxes and insurance changed year-over-year?
- OceanFirst Financial's escrow payable for property taxes and insurance decreased by 10.2% year-over-year, from $28.79M to $25.85M.
- What is the long-term trend for OceanFirst Financial's escrow payable for property taxes and insurance?
- Over 5 years (2020 to 2025), OceanFirst Financial's escrow payable for property taxes and insurance has grown at a 4.2% compound annual growth rate (CAGR), from $17.3M to $21.25M.
- What does escrow payable for property taxes and insurance mean?
- This represents funds collected from borrowers and held in escrow to pay property taxes and insurance premiums on their behalf. While these funds are held by the bank, they are liabilities because they must be paid out to third parties. The volume of these funds is generally correlated with the size of the bank's residential mortgage servicing portfolio.