Shore Bancshares SHBI Payment to Acquire Life Insurance Policy, Investing Activities
Payment to Acquire Life Insurance Policy, Investing Activities at other companies
Other financials
Where this comes from
Reported directly by Shore Bancshares in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Shore Bancshares’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Shore Bancshares's payment to acquire life insurance policy, investing activities?
- Shore Bancshares (SHBI) reported payment to acquire life insurance policy, investing activities of $316K in Q1 2026.
- How has Shore Bancshares's payment to acquire life insurance policy, investing activities changed year-over-year?
- Shore Bancshares's payment to acquire life insurance policy, investing activities increased by 251.1% year-over-year, from $90K to $316K.
- What is the long-term trend for Shore Bancshares's payment to acquire life insurance policy, investing activities?
- Over 4 years (2021 to 2025), Shore Bancshares's payment to acquire life insurance policy, investing activities has grown at a -57.9% compound annual growth rate (CAGR), from $10.2M to $322K.
- What does payment to acquire life insurance policy, investing activities mean?
- Represents cash outflows used to purchase or increase the cash surrender value of bank-owned life insurance (BOLI) policies. These investments are typically held by financial institutions to offset the costs of employee benefit programs and provide tax-advantaged income.