Unity Bancorp UNTY Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Unity Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
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 income?
- Unity Bancorp (UNTY) reported bank owned life insurance income of $217K in Q1 2026.
- How has Unity Bancorp's bank owned life insurance income changed year-over-year?
- Unity Bancorp's bank owned life insurance income increased by 43.7% year-over-year, from $151K to $217K.
- What is the long-term trend for Unity Bancorp's bank owned life insurance income?
- Over 4 years (2021 to 2025), Unity Bancorp's bank owned life insurance income has grown at a 2.9% compound annual growth rate (CAGR), from $690K to $773K.
- What does bank owned life insurance income mean?
- This represents the income generated from Bank Owned Life Insurance (BOLI) policies, typically reflecting the increase in cash surrender value or death benefits received. BOLI is often used by financial institutions as a tax-advantaged method to offset the costs of employee benefit programs. It provides a stable, non-interest income stream that supports long-term profitability.