Seacoast Banking Corporation of Florida SBCF Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Seacoast Banking Corporation of Florida in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Seacoast Banking Corporation of Florida’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Seacoast Banking Corporation of Florida's bank owned life insurance income?
- Seacoast Banking Corporation of Florida (SBCF) reported bank owned life insurance income of $2.62M in Q1 2026.
- How has Seacoast Banking Corporation of Florida's bank owned life insurance income changed year-over-year?
- Seacoast Banking Corporation of Florida's bank owned life insurance income increased by 6.0% year-over-year, from $2.47M to $2.62M.
- What is the long-term trend for Seacoast Banking Corporation of Florida's bank owned life insurance income?
- Over 4 years (2021 to 2025), Seacoast Banking Corporation of Florida's bank owned life insurance income has grown at a 31.5% compound annual growth rate (CAGR), from $4.15M to $12.41M.
- What does bank owned life insurance income mean?
- This metric represents the earnings or cash surrender value increases on life insurance policies purchased by the bank on the lives of its key employees. It serves as a tax-advantaged method for banks to offset the costs of employee benefit plans. Consistent income from this source provides a stable, low-risk contribution to non-interest revenue.