Ohio Valley Banc Corp OVBC Payment to Acquire Life Insurance Policy, Investing Activities
Payment to Acquire Life Insurance Policy, Investing Activities at other companies
Other financials
Where this comes from
Reported directly by Ohio Valley Banc Corp in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Ohio Valley Banc Corp’s 10-K, filed March 13, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Ohio Valley Banc Corp's payment to acquire life insurance policy, investing activities?
- Ohio Valley Banc Corp (OVBC) reported payment to acquire life insurance policy, investing activities of $500K in Q4 2025.
- How has Ohio Valley Banc Corp's payment to acquire life insurance policy, investing activities changed year-over-year?
- Ohio Valley Banc Corp's payment to acquire life insurance policy, investing activities increased by 159.1% year-over-year, from $193K to $500K.
- What is the long-term trend for Ohio Valley Banc Corp's payment to acquire life insurance policy, investing activities?
- Over 2 years (2021 to 2024), Ohio Valley Banc Corp's payment to acquire life insurance policy, investing activities has grown at a 18.5% compound annual growth rate (CAGR), from $550K to $772K.
- What does payment to acquire life insurance policy, investing activities mean?
- This metric represents cash outflows related to the purchase of Bank-Owned Life Insurance (BOLI) policies. Financial institutions utilize these policies as a tax-advantaged investment vehicle to offset the costs of employee benefit programs. It reflects the bank's strategy for long-term asset management and non-interest income generation.