cash surrender value of life insurance balance sheet

470 results for cash surrender value of life insurance balance sheet

  • vLex Rating
  • Fidelity D & D Bancorp, Inc. Reports First Quarter 2019 Financial Results.

    ... experience and create long-term shareholder value.". Consolidated First Quarter Operating Results ... from a $78.5 million larger average balance of interest-earning assets that generated a 33 ...Consolidated Balance Sheet & Asset Quality Overview . The Company's total ...The cash inflow from the decrease in the loan portfolio ... an additional $2.0 million of bank-owned life insurance. On January 1, 2019, the Company ...18,186 . 18,289. Life insurance cash surrender value. 22,761 . 20,615. Other assets. 28,830 . ...

  • The Right Tax at the Right Time.

    ...A Novel Alternative: The Destination-Based Cash Flow Tax 360 1. In General 360 2. Border ... Reinvented, comprises a comprehensive term sheet summarizing the mechanical rules of the Dual ... as the pure return to waiting, or time-value-of-money returns. These are usually presented as ..., centralization of management, and perpetual life not tied to the lifetime of any natural person .... Since balance sheets in fact balance, the total tax-cognizable ... transfer pricing problems but arguably surrender too much taxing jurisdiction when applied to the ... would apply to financial institutions, insurance companies, micro businesses, financial ...

  • Official Interpretations
  • 516 F.3d 301 (5th Cir. 2008), 06-10874, In re McLain

    ... to make the first premium payment on a term life insurance policy renders all or some of the ... accounts, and decided to operate solely on a cash basis for the admitted purpose of concealing ... . disputed ledger sheet that purports to detail various financial ...The final column is entitled, "Running Balance." According to the ledger sheet, there was an ... of property of the estate, and anything of value generated by property of the estate." In re ..., which is removed if he is compelled to surrender the profit. The rule which compels the wrongdoer ...

  • H&R Block Announces Fiscal 2014 Results.

    ... strategy to grow revenues through a balance of improved return mix and increased product ... satisfaction scores are a testament to the value we bring to our clients, positioning us well for ...Balance Sheet . * As of April 30, the company had unrestricted cash of $2.2 billion and total outstanding debt of ...87,220 . 83,445. Surrender of company-owned life insurance policies. -- . ...

  • 1st Capital Bank Announces: Fourth Quarter and Year to Date 2013 Financial Results; Record Loans, Assets, Deposits, and Shareholders' Equity; Third Consecutive Increase in Quarterly Earnings.

    ... in tax-free benefits from bank owned life insurance ("BOLI"), partially offset by the ... of increased earnings and a record balance sheet. The Bank concluded 2013 with a favorable ... continued its focus on shareholder value during the fourth quarter of 2013. Following the ... volume of on-balance sheet assets (including cash & cash equivalents and securities available for ... dividend income that increases its cash surrender value and is accounted for as a component of ...

  • 518 U.S. 839 (1996), 95-865, United States v. Winstar Corp.

    ... that the Federal Savings and Loan Insurance Corporation (FSLIC) lacked the funds to liquidate ... excess of the purchase price over the fair value of identifiable assets as an intangible asset ...'s "unmistakability defense"—that surrenders of sovereign authority, such as the promise to ...That doctrine balances the Government's need for freedom to legislate ... institutions; nor did FSLIC have sufficient cash to promote such acquisitions through direct ...1985), appears on the balance sheet as a "contra-asset" account, or a deduction from ... to accrete the discount over the average life of the loans (approximately seven years), see ...

  • New Jersey Community Bank Reports Third Quarter 2013 Results.

    ...Balance Sheet Summary . At September 30, 2013, total ...Total cash and cash equivalents declined $9.8 million ... receivable of $0.8 million, and bank-owned life insurance of $2.0 million, compared to year end ... income resulted from increase in cash surrender value of bank-owned life insurance and fees and ...

  • 1st Capital Bank Announces: Third Quarter and Year to Date 2013 Financial Results; Resignation of Director.

    ...* Tangible book value per share rose to a record $10.71 as of September ... the Bank's decision to invest excess on-balance sheet liquidity primarily into higher yielding ... volume of on-balance sheet assets (including cash & cash equivalents and securities available for ...) received unlimited FDIC deposit insurance coverage (thereby encouraging certain clients to ... made its initial investment into Bank Owned Life Insurance ("BOLI"). This investment generates ... dividend income that increases its cash surrender value and is accounted for as a component of ...

  • Using a buy/sell agreement to establish the value of a business interest.

    ...-purchase agreement, each member purchases a life insurance policy on the life of every other ... premium payments and protect the policy's cash value is a significant drawback of cross-purchase ...Another drawback is that the cash surrender value of the policies could be part of a member's ...' risk and negatively affects the entity's balance sheet. . Tax-related buy/sell provisions . ...

  • 1st Capital Bank Announces: Second Quarter and Year to Date 2015 Financial Results; Increased Quarterly and Year to Date Net Income; Declaration of 5.00% Stock Dividend; Change in Executive Officer.

    ... resulted from: (i) a larger average balance of interest earning assets; (ii) a special cash ... of $249 thousand in tax-free Bank Owned Life Insurance ("BOLI") benefits. Net income for the ... in that County, increasing tangible book value per share to a record $11.25, commencing the ... to more significantly transform its balance sheet in order to support enhanced shareholder value. ...* The Bank's voluntary surrender of $1.2 million in underperforming BOLI separate ...

  • 136 T.C. 38 (T.C. 2011), 15456-08, Cadwell v. Commissioner of Internal Revenue

    ... the plan, part of which was used to purchase life insurance coverage for P and K's other employees, ..., further, P must include in gross income the cash value of the life insurance policy on P's life. ..., P may not reduce the PERC value by the surrender charge under that provision. . ..." and " booked" them as an asset on KSM's balance sheet. Mr. Nicolini never depreciated the " ...

  • 113 T.C. 254 (T.C. 1999), 5382-97, Winn-Dixie Stores, Inc. and Subsidiaries v. Commissioner of Internal Revenue

    ...life insurance (COLI) program in which it purchased ... and systematically borrowed against the cash value of the policies to fund the premiums. The ...'s profit and loss, cash-flow, and balance sheet balances under scenario 1, the constant ... the end of the first policy year: Cash surrender value (CSV) of the COLI policies of $ 119,586,000 ...

  • Central Valley Community Bancorp Reports Earnings Results for the Quarter Ended March 31, 2014.

    ... noted, material changes in year-over-year balance sheet data and operating performance in dollar ...The Company declared and paid $546,000 in cash dividends to holders of common stock during the ... customized financial solutions for our valued business and personal customers," concluded ... by Investment Centers of America and insurance services are offered through Central Valley ...--. 190. Bank owned life insurance. 20,489. 19,443. Federal Home Loan Bank ...808. 698. Appreciation in cash surrender value of bank owned life insurance. 146. 96. ...

  • Guaranty Bancorp Announces 2013 Annual and Fourth Quarter Financial Results.

    ... in average loan and average investment balances, combined with a $0.5 million decrease in ... fees, a $0.2 million increase in bank-owned life insurance income ("BOLI") and a $0.2 million ... performance for the year demonstrates the value businesses and consumers place in a locally ...Balance Sheet . December . September . Percent . December . ...Cash and cash equivalents. $. 28,077. $. 33,465. ...561. 2,904. 1,751. Increase in cash surrender value of life insurance. 304. 305. 143. 1,018. ...

  • 94 T.C. 499 (1990), 18187-88, Usaa Life Insurance Co. v. C.I.R.

    ... life insurance policies equal to the total cash surrender value of the policies. P complied with ... reserves, appear as liabilities on the balance sheets filed annually by such companies with ...

  • Guaranty Bancorp Announces 2014 First Quarter Financial Results.

    ..., attributable to growth in average loan balances, combined with a $0.3 million decrease in ... and a $0.2 million increase in bank-owned life insurance income ("BOLI"). "The first quarter of ... including earnings per share, tangible book value per share and book value per share have been ...Balance Sheet . March 31, . December 31, . Percent . March 31, ...Cash and cash equivalents. $. 35,311. $. 28,077. 25.8. ...908. 831. 637. Increase in cash surrender value of life insurance. 293. 304. 137. Gain ...

  • Guaranty Bancorp Announces 2014 Annual and Fourth Quarter Financial Results.

    ..., attributable to growth in average loan balances of $179.9 million and a $1.4 million, or 40.0% ... and the income earned on bank-owned life insurance has been adjusted to reflect the amount ...Balance Sheet . December 31, 2014 . September 30, 2014 . ...1.4. %. 1,528,457. 10.3. %. Book value per common share. 9.57. 9.46. 1.2. %. 8.89. 7.6. ...1,279. 831. 4,380. 2,904. Increase in cash surrender value of life insurance. 418. 291. 304. ...

  • Guaranty Bancorp Announces 2014 Third Quarter Financial Results.

    ... across our organization in growing our balance sheet and net interest income along with ... and the income earned on bank-owned life insurance has been adjusted to reflect the amount ...8.8. %. 1,482,515. 12.1. %. Book value per common share. 9.46. 8.89. 6.4. %. 8.80. 7.5. ...1,279. 962. 736. 3,149. 2,073. Increase in cash surrender value of life insurance. 291. 293. 305. ...

  • Guaranty Bancorp Announces 2015 First Quarter Financial Results.

    ...* Doubled quarterly cash dividend to $0.10 per share during the quarter as ... the first quarter 2015, reflecting the value clients place in having a locally based community ... and the income earned on bank-owned life insurance has been adjusted to reflect the amount ...Balance Sheet . March 31, . December 31, . Percent . ...1,334. 1,231. 908. Increase in cash surrender value of life insurance. 408. 418. 293. Gain on ...

  • Missing the mark on mark-to-market: the arguments against the Camp plan to require mark-to-market accounting for non-traded speculative derivatives.

    ... requires access to current fair market values (FMVs). Unfortunately, FMVs are not easily ..." (often analogized to a contract for insurance) whereby one party agrees to pay another party in ... the potential impact on the company's balance sheet and income statement." (85) . Due to the ... prices, volatility, prepayment and surrender risk, servicing costs, and correlation (i.e., ... default swap upon a credit event over the life of the contract and treat such accrued amounts as ... tax on 'paper gains' before they receive any cash related to these gains."). Professor Raskolnikov ...

  • First Midwest Bancorp, Inc. Announces 2013 Third Quarter Results; Increased Quarterly Earnings -- Strong Loan Growth -- Higher Fee-Based Revenues -- Improved Asset Quality.

    ... and proactive management of our balance sheet. Solid production across all of our ... positioned to grow and enhance shareholder value.". SELECT HIGHLIGHTS . Business Momentum . * ... impacted the securities and bank-owned life insurance ("BOLI") portfolios, were executed to ...* Crediting rate terms and the underlying cash surrender value ("CSV") of approximately $100 ...

  • 24 T.C. 669 (1955), 38869, Lincoln v. C.I.R.

    ... all of the preferred stock was surrendered to the corporation and canceled and all of the ... the partnership assets at their appraised value. Distribution of all partnership assets was made ...Also, Lincoln received $10,000 from insurance on Macklin's life pursuant to an agreement ...,000, of which amount $425,000 was paid in cash by September 3, 1946, and $900,000 was borrowed ... a purchase money second mortgage, for the balance, $175,000. Acacia Life Insurance Company took the ...They claim that, although the balance sheet of the corporation as of June 30, 1949, showed an ...

  • NV5 Reports Full-Year and Fourth Quarter 2013 Results.

    ..."We also strengthened our balance sheet, improved our cash flow and expanded our ... our continuous companywide focus on adding value through process improvement and performance ...2,758. Goodwill. 7,106. 5,857. Cash surrender value of officers' life insurance. 521. 656. ...

  • Proposed Revision of Annual Information Return/Reports

    ... well before the enactment of the Health Insurance Portability and Accountability Act of 1996, ... Oversight to ERISA Plans Holding Hard-to-Value Alternative Investments (2013) (available at ... generally are shown in the data element sheets (as well as the instructions) as ``20XX'' for the ... presentation of plan trust financial and balance sheet information better reflects the investment ... Current Line 1a, ``total noninterest bearing cash,'' would be reported as a breakout element under ... the asset/investment is subject to surrender charge; (3) reporting the cost of the asset; and ...Regulations addressing these annual and lifetime limit prohibitions state that a stand-alone HRA ...