Park National PRK 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 Park National in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Park National’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Park National's payment to acquire life insurance policy, investing activities?
- Park National (PRK) reported payment to acquire life insurance policy, investing activities of $2.5M in Q1 2026.
- How has Park National's payment to acquire life insurance policy, investing activities changed year-over-year?
- Park National's payment to acquire life insurance policy, investing activities decreased by 0.0% year-over-year, from $2.5M to $2.5M.
- What does payment to acquire life insurance policy, investing activities mean?
- Captures the cash outflows associated with the purchase or premium payments for Bank Owned Life Insurance (BOLI) policies. Banks utilize these policies as a tax-advantaged method to offset the costs of employee benefit programs. This metric reflects the bank's investment in long-term financial instruments for balance sheet management.