Bank-Owned Life Insurance |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Bank-Owned Life Insurance [Abstract] | |
| Bank-Owned Life Insurance | Note 9 – Bank-Owned Life Insurance
BOLI involves life insurance purchased by the Bank on a chosen group of employees, and the Bank is owner and beneficiary of the policies. At June 30, 2025, the Bank had $77.4 million in BOLI. BOLI is recorded at its net realizable value. |