United Bancorp UBCP Payment to Acquire Life Insurance Policy, Investing Activities
Payment to Acquire Life Insurance Policy, Investing Activities at other companies
Other financials
Where this comes from
Reported directly by United Bancorp in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: United Bancorp’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is United Bancorp's payment to acquire life insurance policy, investing activities?
- United Bancorp (UBCP) reported payment to acquire life insurance policy, investing activities of $6.92M in Q1 2026.
- How has United Bancorp's payment to acquire life insurance policy, investing activities changed year-over-year?
- United Bancorp's payment to acquire life insurance policy, investing activities increased by 159.4% year-over-year, from $2.67M to $6.92M.
- What does payment to acquire life insurance policy, investing activities mean?
- Reflects cash outflows for the purchase of bank-owned life insurance (BOLI) policies. Financial institutions use these policies as a tax-advantaged investment vehicle to offset the costs of employee benefit programs. Changes in this metric indicate the bank's allocation of excess capital into long-term insurance assets.