What is Otter Tail's bank owned life insurance?

Otter Tail (OTTR) reported bank owned life insurance of $48.22M in Q1 2026.

How has Otter Tail's bank owned life insurance changed year-over-year?

Otter Tail's bank owned life insurance increased by 2.4% year-over-year, from $47.1M to $48.22M.

What is the long-term trend for Otter Tail's bank owned life insurance?

Over 5 years (2020 to 2025), Otter Tail's bank owned life insurance has grown at a 6.0% compound annual growth rate (CAGR), from $36.83M to $49.26M.

Otter Tail OTTR Bank owned life insurance

Bank owned life insurance at other companies

Ameris BancorpABCB

$424.16M+3.2%

Bank of HawaiiBOH

$499.68M—

Nicolet BanksharesNIC

$293.79M+56.4%

Independent Bank CorpINDB

$380.42M+24.3%

Citizens Financial GroupCFG

$3.46B+2.3%

SouthStateSSB

$1.3B+2.3%

Other financials

Income statement

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Revenue$342.9M+1.6%

Gross profit$235.3M+1.0%

Operating income$85.2M+1.5%

Net income$72.6M+6.6%

EPS (diluted)$1.73+6.8%

Balance sheet

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Cash & equivalents$348.4M+22.3%

Total debt$1.1B+7.5%

Total equity$1.9B+11.1%

Total assets$4.2B+12.3%

Cash flow

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Operating cash flow$70.6M+78.9%

CapEx$185.3M+219%

Free cash flow-$114.7M-518%

Valuation

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Market cap$3.7B+9.4%

Profitability

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Gross margin69%+1.1pp

Operating margin26.5%-1.5pp

Net margin21.4%-1.0pp

FCF margin0.1%-5.7pp

Returns & leverage

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Return on equity15.5%-2.9pp

Debt / equity0.6×0.0×

Current ratio2×-0.6×

Where this comes from

Reported directly by Otter Tail in its filing.

Tagged under the XBRL concept us-gaap:LifeInsuranceCorporateOrBankOwnedAmount.

The official record: Otter Tail’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Otter Tail's bank owned life insurance?: Otter Tail (OTTR) reported bank owned life insurance of $48.22M in Q1 2026.
How has Otter Tail's bank owned life insurance changed year-over-year?: Otter Tail's bank owned life insurance increased by 2.4% year-over-year, from $47.1M to $48.22M.
What is the long-term trend for Otter Tail's bank owned life insurance?: Over 5 years (2020 to 2025), Otter Tail's bank owned life insurance has grown at a 6.0% compound annual growth rate (CAGR), from $36.83M to $49.26M.