Red River Bancshares, Inc. RRBI Bank Owned Life Insurance Income
Bank Owned Life Insurance Income 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:BankOwnedLifeInsuranceIncome.
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 income?
- Red River Bancshares, Inc. (RRBI) reported bank owned life insurance income of $221K in Q1 2026.
- How has Red River Bancshares, Inc.'s bank owned life insurance income changed year-over-year?
- Red River Bancshares, Inc.'s bank owned life insurance income increased by 3.8% year-over-year, from $213K to $221K.
- What is the long-term trend for Red River Bancshares, Inc.'s bank owned life insurance income?
- Over 4 years (2021 to 2025), Red River Bancshares, Inc.'s bank owned life insurance income has grown at a 8.2% compound annual growth rate (CAGR), from $648K to $887K.
- What does bank owned life insurance income mean?
- This represents the income earned on life insurance policies purchased by the bank on the lives of key employees or officers. It serves as a tax-advantaged financial instrument used to offset the costs of employee benefit plans. Changes in this metric reflect the performance of the underlying investment assets held within these insurance contracts.