BOLI continues to be a popular investment choice for a variety of banks. As of December 31, 2017, 3,570 banks nationwide reported cash surrender values on their regulatory filings. 68% of banks nationwide with assets between $100 million and $1 billion currently own BOLI.

  • $167.8 billion of BOLI cash value now on bank’s financials as of 12/31/17



 

Banks with BOLI

 

Averages for Banks with BOLI*

 

Asset Size

Total Banks

#

%

Assets $

Capital $

BOLI
CSV $

% BOLI
to Capital

% BOLI
to Assets
$1+ Billion 743 598 80.5% 23,497,869 2,216,573 254,175 11.5% 1.1%

$750-999 Million

255

211

82.7%

879,131

97,182

14,838

15.3%

1.7%

$500-749 Million

413

309

74.8%

605,337

65,953

10,665

16.2%

1.8%

$250-499 Million

509

416

81.7%

2,028,851

207,845

31,469

15.1%

1.6%

$750-999 Million

240

181

75.4%

875,977

93,088

14,757

15.9%

1.7%

$500-749 Million

429

314

73.2%

606,743

65,477

10,555

16.1%

1.7%

$250-499 Million 1,097 802 73.1% 356,205 39,007 6,443 16.5% 1.8%
$100-249 Million 1,726 1,058 61.3% 166,363 18,898 3,154 16.7% 1.9%
<$100 Million 1,436 592 41.2% 64,876 7,898 1,381 17.5% 2.1%

TOTALS

5,670

3,570

63.0%

 

 

 

 

 

As of 12/31/2017

* Numbers in thousands

Source: SNL Financial LLC. Contains copyrighted and trade secret material distributed under license from SNL. For recipient’s internal use only.