Southern Missouri Bancorp SMBC Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Southern Missouri Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Southern Missouri Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Southern Missouri Bancorp's bank owned life insurance?
- Southern Missouri Bancorp (SMBC) reported bank owned life insurance of $77.16M in Q1 2026.
- How has Southern Missouri Bancorp's bank owned life insurance changed year-over-year?
- Southern Missouri Bancorp's bank owned life insurance increased by 2.7% year-over-year, from $75.16M to $77.16M.
- What is the long-term trend for Southern Missouri Bancorp's bank owned life insurance?
- Over 4 years (2021 to 2025), Southern Missouri Bancorp's bank owned life insurance has grown at a 14.6% compound annual growth rate (CAGR), from $43.82M to $75.69M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) represents life insurance policies purchased by the bank on the lives of key employees, where the bank is the beneficiary. This asset is used as a tax-advantaged vehicle to offset the costs of employee benefit programs. The cash surrender value of these policies provides a stable, long-term asset that contributes to non-interest income.