Orrstown Financial Services ORRF Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Orrstown Financial Services in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Orrstown Financial Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Orrstown Financial Services's bank owned life insurance?
- Orrstown Financial Services (ORRF) reported bank owned life insurance of $145.96M in Q1 2026.
- How has Orrstown Financial Services's bank owned life insurance changed year-over-year?
- Orrstown Financial Services's bank owned life insurance increased by 0.8% year-over-year, from $144.8M to $145.96M.
- What is the long-term trend for Orrstown Financial Services's bank owned life insurance?
- Over 5 years (2020 to 2025), Orrstown Financial Services's bank owned life insurance has grown at a 16.5% compound annual growth rate (CAGR), from $68.55M to $146.99M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) is a life insurance policy purchased by the bank on the lives of key employees, where the bank is the beneficiary. It serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit plans. The cash surrender value of these policies represents a stable, long-term asset on the balance sheet.