Pathfinder Bancorp PBHC Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Pathfinder Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Pathfinder Bancorp’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Pathfinder Bancorp's bank owned life insurance?
- Pathfinder Bancorp (PBHC) reported bank owned life insurance of $31.63M in Q1 2026.
- How has Pathfinder Bancorp's bank owned life insurance changed year-over-year?
- Pathfinder Bancorp's bank owned life insurance increased by 27.1% year-over-year, from $24.89M to $31.63M.
- What is the long-term trend for Pathfinder Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Pathfinder Bancorp's bank owned life insurance has grown at a 11.9% compound annual growth rate (CAGR), from $17.86M to $31.37M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees or officers. The bank is the beneficiary of these policies, which provide a tax-advantaged method to offset the costs of employee benefit programs. It serves as a long-term asset that contributes to non-interest income through policy growth.