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Cash Value of Life Insurance

12 Months Ended

Dec. 31, 2024

Cash Value of Life Insurance [Abstract]

Cash Value of Life Insurance

Cash Value of Life Insurance

A summary of the activity in the balance of cash value of life insurance follows:

			Year ended December 31,
(in thousands)			2024						2023
Beginning balance			$	136,892					$	133,742
Increase in cash value of life insurance			3,257						3,150
Ending balance			$	140,149					$	136,892
End of period death benefit			$	224,723					$	224,021
Number of policies owned			216						216
Insurance companies used			14						14
Current and former employees and directors covered			79						79

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- Definition

Cash Value of Life Insurance

+ References

No definition available.

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- Definition

The entire disclosure for corporate (COLI) or bank (BOLI) owned life insurance including the amount of cash surrender value that could be received as of the date of the statement of financial position, any restrictions on the company's ability to obtain the value of the life insurance policy on surrender, or any other additional information desired to be disclosed.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 325
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/325-30/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 325
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481463/325-30-50-1

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