The Bancorp TBBK Deferred Compensation Arrangement With Individual Distribution Paid
Deferred Compensation Arrangement With Individual Distribution Paid at other companies
Other financials
Where this comes from
Reported directly by The Bancorp in its filing.
Tagged under the XBRL concept us-gaap:DeferredCompensationArrangementWithIndividualDistributionPaid.
The source filing: The Bancorp’s 10-K, filed February 25, 2026.
- Filed
- Feb 25, 2026, 5:18 PM EST
- Fiscal year
- FY2025
- Accession
- 0001295401-26-000002
In 2005, the Company began contributing to a supplemental executive retirement plan for its former Chief Executive Officer that provides annual retirement benefits of $25,000 per month until death. There were $300,000 of disbursements under the plan in each of 2025, 2024 and 2023. The actuarial assumptions as of December 31, 2025, 2024 and 2023 reflected respective discount rates of 4.62%, 5.11% and 4.56% with a monthly benefit of $25,000. Projected payouts for years one, two, three, four, and five are $300,000, $279,000, $263,000, $246,000, and $228,000, respectively, and $855,000 for the subsequent five years. The Company adjusts its related liability to actuarially derived estimates of lifetime payouts based upon actuarial tables as follows: SOA Pri-2012 Amount-Weighted White Collar Retiree Mortality Table with Mortality Improvement Scale MP-2021. The Company’s related expense was $300,000 for each of the years ended December 31, 2025, 2024 and 2023. As of December 31, 2025, the Company had accrued $3.0 million for potential future payouts.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
FAQ
- What is The Bancorp's deferred compensation arrangement with individual distribution paid?
- The Bancorp (TBBK) reported deferred compensation arrangement with individual distribution paid of $75K in Q4 2025.
- How has The Bancorp's deferred compensation arrangement with individual distribution paid changed year-over-year?
- The Bancorp's deferred compensation arrangement with individual distribution paid decreased by 0.0% year-over-year, from $75K to $75K.
- What is the long-term trend for The Bancorp's deferred compensation arrangement with individual distribution paid?
- Over 4 years (2021 to 2025), The Bancorp's deferred compensation arrangement with individual distribution paid has grown at a 0.0% compound annual growth rate (CAGR), from $300K to $300K.
- What does deferred compensation arrangement with individual distribution paid mean?
- Deferred Compensation Arrangement With Individual Distribution Paid as reported by The Bancorp Inc..
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