United Community Banks UCB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by United Community Banks in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: United Community Banks’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is United Community Banks's bank owned life insurance?
- United Community Banks (UCB) reported bank owned life insurance of $365.49M in Q1 2026.
- How has United Community Banks's bank owned life insurance changed year-over-year?
- United Community Banks's bank owned life insurance increased by 5.5% year-over-year, from $346.41M to $365.49M.
- What is the long-term trend for United Community Banks's bank owned life insurance?
- Over 5 years (2020 to 2025), United Community Banks's bank owned life insurance has grown at a 12.5% compound annual growth rate (CAGR), from $201.97M to $364.18M.
- 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 its officers and employees. The bank acts as the beneficiary, using these policies as a tax-advantaged vehicle to offset the costs of employee benefit plans. It serves as a stable, long-term asset that provides supplemental income to support institutional financial goals.