Shore Bancshares SHBI Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Shore Bancshares in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
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 bank owned life insurance income?
- Shore Bancshares (SHBI) reported bank owned life insurance income of $33K in Q1 2026.
- How has Shore Bancshares's bank owned life insurance income changed year-over-year?
- Shore Bancshares's bank owned life insurance income decreased by 93.8% year-over-year, from $529K to $33K.
- What is the long-term trend for Shore Bancshares's bank owned life insurance income?
- Over 4 years (2021 to 2025), Shore Bancshares's bank owned life insurance income has grown at a 37.6% compound annual growth rate (CAGR), from $1.09M to $3.91M.
- What does bank owned life insurance income mean?
- This metric tracks the income generated from life insurance policies held by the bank on the lives of its key employees or officers. It serves as a stable, tax-advantaged revenue stream that helps offset the costs of employee benefit programs. Consistent income from these policies contributes to the bank's overall non-interest income stability.