S&T Bancorp STBA Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by S&T Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: S&T Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is S&T Bancorp's bank owned life insurance?
- S&T Bancorp (STBA) reported bank owned life insurance of $85.99M in Q1 2026.
- How has S&T Bancorp's bank owned life insurance changed year-over-year?
- S&T Bancorp's bank owned life insurance increased by 0.8% year-over-year, from $85.27M to $85.99M.
- What is the long-term trend for S&T Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), S&T Bancorp's bank owned life insurance has grown at a 0.7% compound annual growth rate (CAGR), from $82.3M to $85.42M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) consists of life insurance policies purchased by the bank on the lives of its key employees, where the bank is the beneficiary. The cash surrender value of these policies is recorded as an asset, and the tax-advantaged income generated helps offset the costs of employee benefit programs. It serves as a long-term financial instrument to manage benefit liabilities and improve overall profitability.