Unity Bancorp UNTY Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Unity Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Unity Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Unity Bancorp's bank owned life insurance?
- Unity Bancorp (UNTY) reported bank owned life insurance of $26.76M in Q1 2026.
- How has Unity Bancorp's bank owned life insurance changed year-over-year?
- Unity Bancorp's bank owned life insurance increased by 3.2% year-over-year, from $25.93M to $26.76M.
- What is the long-term trend for Unity Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Unity Bancorp's bank owned life insurance has grown at a 0.0% compound annual growth rate (CAGR), from $26.51M to $26.55M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) represents life insurance policies purchased by the bank on the lives of key employees or officers where the bank is the beneficiary. It is utilized as a tax-advantaged investment vehicle to offset the costs of employee benefit plans and provide long-term financial stability.