Sound Financial Bancorp SFBC Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Sound Financial Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Sound Financial Bancorp’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Sound Financial Bancorp's bank owned life insurance?
- Sound Financial Bancorp (SFBC) reported bank owned life insurance of $23.75M in Q1 2026.
- How has Sound Financial Bancorp's bank owned life insurance changed year-over-year?
- Sound Financial Bancorp's bank owned life insurance increased by 4.7% year-over-year, from $22.69M to $23.75M.
- What is the long-term trend for Sound Financial Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Sound Financial Bancorp's bank owned life insurance has grown at a 9.8% compound annual growth rate (CAGR), from $14.59M to $23.33M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies held by the bank on the lives of its employees or executives. It serves as a long-term asset that provides tax-advantaged income and helps offset the costs of employee benefit programs.