SmartFinancial SMBK Cash surrender value of life insurance policies
Cash surrender value of life insurance policies at other companies
Other financials
Where this comes from
Reported directly by SmartFinancial in its filing.
Tagged under the XBRL concept us-gaap:CashSurrenderValueOfLifeInsurance.
The official record: SmartFinancial’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SmartFinancial's cash surrender value of life insurance policies?
- SmartFinancial (SMBK) reported cash surrender value of life insurance policies of $120.44M in Q1 2026.
- How has SmartFinancial's cash surrender value of life insurance policies changed year-over-year?
- SmartFinancial's cash surrender value of life insurance policies increased by 3.1% year-over-year, from $116.81M to $120.44M.
- What is the long-term trend for SmartFinancial's cash surrender value of life insurance policies?
- Over 5 years (2020 to 2025), SmartFinancial's cash surrender value of life insurance policies has grown at a 30.8% compound annual growth rate (CAGR), from $31.22M to $119.53M.
- What does cash surrender value of life insurance policies mean?
- This represents the accumulated cash value of bank-owned life insurance policies covering key employees or executives. It functions as a long-term financial asset that provides tax-advantaged growth and serves as a hedge against the loss of key personnel. The balance reflects the bank's historical investment in these policies and the current cash value available upon surrender.