Republic Bancorp RBCAA Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Republic Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Republic Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Republic Bancorp's bank owned life insurance?
- Republic Bancorp (RBCAA) reported bank owned life insurance of $111.27M in Q1 2026.
- How has Republic Bancorp's bank owned life insurance changed year-over-year?
- Republic Bancorp's bank owned life insurance increased by 3.1% year-over-year, from $107.92M to $111.27M.
- What is the long-term trend for Republic Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Republic Bancorp's bank owned life insurance has grown at a 10.2% compound annual growth rate (CAGR), from $68.02M to $110.72M.
- 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 its key employees or officers. It serves as a tax-advantaged asset that provides a stable return and can be used to offset the costs of employee benefit programs. The growth of this asset reflects the bank's long-term strategy for managing non-interest income and benefit expenses.