Timberland Bancorp TSBK Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Timberland Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Timberland Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Timberland Bancorp's bank owned life insurance?
- Timberland Bancorp (TSBK) reported bank owned life insurance of $22.14M in Q1 2026.
- How has Timberland Bancorp's bank owned life insurance changed year-over-year?
- Timberland Bancorp's bank owned life insurance decreased by 7.5% year-over-year, from $23.94M to $22.14M.
- What is the long-term trend for Timberland Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Timberland Bancorp's bank owned life insurance has grown at a 0.2% compound annual growth rate (CAGR), from $21.6M to $21.83M.
- 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. The bank acts as the beneficiary, using the policy to offset the costs of employee benefit plans. It is considered a stable, tax-advantaged asset that contributes to the bank's overall non-interest income profile.