Third Coast Bancshares, Inc. TCBX Payments For Proceeds From Life Insurance Policies
Payments For Proceeds From Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by Third Coast Bancshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:PaymentsForProceedsFromLifeInsurancePolicies.
The official record: Third Coast Bancshares, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Third Coast Bancshares, Inc.'s payments for proceeds from life insurance policies?
- Third Coast Bancshares, Inc. (TCBX) reported payments for proceeds from life insurance policies of $5M in Q1 2025.
- What does payments for proceeds from life insurance policies mean?
- Tracks the net cash flows related to Bank-Owned Life Insurance (BOLI) policies, including premium payments and proceeds received from policy claims or surrenders. BOLI is often utilized by financial institutions as a tax-advantaged vehicle to offset the costs of employee benefit programs. This metric helps investors evaluate the cash impact of these long-term investment assets.