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
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|
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Banks with BOLI |
Averages for Banks with BOLI* |
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|
Asset Size |
Total Banks |
# |
% |
Assets $ |
Capital $ |
BOLI |
% BOLI |
% 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% |
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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.