Riverview Bancorp RVSB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Riverview Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Riverview Bancorp’s 10-K, filed June 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Riverview Bancorp's bank owned life insurance?
- Riverview Bancorp (RVSB) reported bank owned life insurance of $34.78M in Q1 2026.
- How has Riverview Bancorp's bank owned life insurance changed year-over-year?
- Riverview Bancorp's bank owned life insurance increased by 3.5% year-over-year, from $33.62M to $34.78M.
- What is the long-term trend for Riverview Bancorp's bank owned life insurance?
- Over 5 years (2021 to 2026), Riverview Bancorp's bank owned life insurance has grown at a 2.3% compound annual growth rate (CAGR), from $30.97M to $34.78M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) represents life insurance policies purchased by the bank on the lives of its key employees or officers, where the bank is the beneficiary. It is used as a tax-advantaged investment vehicle to offset the costs of employee benefit programs. The cash surrender value of these policies is recorded as an asset, providing a stable, long-term source of non-interest income.