SR Bancorp, Inc. SRBK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by SR Bancorp, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: SR Bancorp, Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SR Bancorp, Inc.'s bank owned life insurance?
- SR Bancorp, Inc. (SRBK) reported bank owned life insurance of $38.12M in Q1 2026.
- How has SR Bancorp, Inc.'s bank owned life insurance changed year-over-year?
- SR Bancorp, Inc.'s bank owned life insurance increased by 0.7% year-over-year, from $37.88M to $38.12M.
- What is the long-term trend for SR Bancorp, Inc.'s bank owned life insurance?
- Over 3 years (2022 to 2025), SR Bancorp, Inc.'s bank owned life insurance has grown at a 9.3% compound annual growth rate (CAGR), from $28.06M to $36.61M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees or officers. It acts as a tax-advantaged investment vehicle that provides a stable, long-term return to offset the costs of employee benefit programs. The growth of this asset reflects the bank's strategy for managing long-term benefit liabilities.