Bank-Owned Life Insurance |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Bank-Owned Life Insurance [Abstract] | |
| Bank-Owned Life Insurance | Note 8 – Bank-Owned Life Insurance
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 September 30, 2026, the Bank had $82.1 million in BOLI. BOLI is recorded at its net realizable value. |