Red River Bancshares, Inc. RRBI Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Red River Bancshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Red River Bancshares, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Red River Bancshares, Inc.'s bank owned life insurance?
- Red River Bancshares, Inc. (RRBI) reported bank owned life insurance of $31.49M in Q1 2026.
- How has Red River Bancshares, Inc.'s bank owned life insurance changed year-over-year?
- Red River Bancshares, Inc.'s bank owned life insurance increased by 2.9% year-over-year, from $30.59M to $31.49M.
- What is the long-term trend for Red River Bancshares, Inc.'s bank owned life insurance?
- Over 5 years (2020 to 2025), Red River Bancshares, Inc.'s bank owned life insurance has grown at a 6.9% compound annual growth rate (CAGR), from $22.41M to $31.27M.
- 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. These policies are held as a long-term investment to offset the costs of employee benefit programs. The asset provides a tax-advantaged return that contributes to non-interest income over time.