cash surrender value of life insurance balance sheet

470 results for cash surrender value of life insurance balance sheet

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  • Central Valley Community Bancorp Reports Earnings Results for the Nine Months and Quarter Ended September 30, 2015.

    ... Company declared and paid $0.12 per share in cash dividends to holders of common stock during the ... ("VCB loans") that were recorded at fair value in connection with the acquisition. The value of ... is actively working to collect all balances legally owed to the Company. The Company plans to ... tax-free gain related to the collection of life insurance proceeds in June 2015 which is included ... is now eliminated on the balance sheet with a small recovery posted as of this quarter ...2,321. 2,441. Appreciation in cash surrender value of bank owned life insurance. 142. 156. ...

  • 435 U.S. 561 (1978), 76-624, Frank Lyon Co. v. United States

    ... times at prices equal to the then unpaid balance of petitioner's mortgage and initial $500,000 ... then obtained a commitment from New York Life Insurance Company to provide $7,140,000 in ..., represented fair estimates of market value on the applicable dates. It rejected any ... has disclosed this liability on its balance sheet for all the world to see. Its financial position ... entitled to receive any value for the surrender of its supposed rights of ownership. 2 Nor does. ...It also asserts that the net cash after-tax benefit would be $312,220, not $1.5 ...

  • Central Valley Community Bancorp Reports Earnings Results for the Year and Quarter Ended December 31, 2013.

    ..., which resulted in a decrease in the market value of the Company's available-for-sale investment ... Company also declared and paid $2,048,000 in cash dividends to holders of common stock during 2013 ...(In thousands) . Balances December 31, 2012 . Additions to Non-accrual ...The balance sheet increases during 2013 were primarily driven by ... by Investment Centers of America and insurance services are offered through Central Valley ...190. --. Bank owned life insurance. 19,443. 12,163. Federal Home Loan Bank ...3,156. 2,774. Appreciation in cash surrender value of bank owned life insurance. 153. 100. ...

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

    ...The remaining loan balance of $10,226,000, which management believes is ...The Company declared and paid $2,190,000 in cash dividends to holders of common stock during 2014 ... VCB loans that were recorded at fair value in connection with the acquisition of $77,882,000 ... securities and earnings on Bank owned life insurance, to net income. Quarter Ended December ...Our balance sheet remains strong with significant liquidity ...3,280. 3,156. Appreciation in cash surrender value of bank owned life insurance. 155. 153. ...

  • Central Valley Community Bancorp Reports Earnings Results for the Nine Months and Quarter Ended September 30, 2013.

    ..., which resulted in a decrease in the market value of the Company's available-for-sale investment ... Company also declared and paid $1,502,000 in cash dividends to holders of common stock during the ...(Dollars in thousands) . Balances December 31, 2012 . Additions to Non-accrual ...The balance sheet increases during 2013 were primarily driven by ... by Investment Centers of America and insurance services are offered through Central Valley ...Other real estate owned. 124. -. Bank owned life insurance. 19,290. 12,163. Federal Home Loan Bank ...2,282. 2,055. Appreciation in cash surrender value of bank owned life insurance. 149. 101. ...

  • 1st Capital Bank Announces: First Quarter 2015 Financial Results; Record Loans, Assets, Deposits, and Shareholders' Equity; Increased Quarterly Income.

    ..., shareholders' equity, and tangible book value per share at March 31, 2015. Earnings for the ... resulted from: (i) a larger average balance of interest earning assets; and (ii) $249 ...-taxable benefits associated with Bank Owned Life Insurance ("BOLI") policies. Commenting on the ... are very pleased to report a record balance sheet and an increase in earnings despite the loan loss ... of loans to total assets by reinvesting cash flows from our security portfolio into additional ... primarily due to the Bank's voluntary surrender of $1.2 million in underperforming BOLI separate ...

  • FFW Corporation Announces Earnings for the Three and Nine Months Ended March 31, 2014.

    ...Insurance products are offered through an affiliated ...Consolidated Balance Sheet . March 31 . June 30 . 2014 . 2013 . ted. Assets . Cash and due from financial institutions. $. ...661,819. 629,050. Cash surrender value of life insurance. 7,406,567. 7,206,897. ...

  • FFW Corporation Announces Earnings for the Three and Nine Months Ended March 31, 2015.

    ...Insurance products are offered through an affiliated ...Consolidated Balance Sheet . March 31 . June 30 . 2015 . 2014 . ted. Assets . Cash and due from financial institutions. $. ...724,075. 680,362. Cash surrender value of life insurance. 7,676,272. 7,473,117. ...

  • FFW Corporation Announces Earnings for the Three and Six Months Ended December 31, 2013.

    ...Insurance products are offered through an affiliated ...Consolidated Balance Sheet . December 31 . June 30 . 2013 . 2013 . udited. Assets . Cash and due from financial institutions. 7,171,693. ...661,780. 629,050. Cash surrender value of life insurance. 7,340,810. 7,206,897. ...

  • FFW Corporation Announces Earnings for the Three and Six Months Ended December 31, 2014.

    ...Insurance products are offered through an affiliated ...Consolidated Balance Sheet . December 31 . June 30 . 2014 . 2014 . udited. Assets . Cash and due from financial institutions. $. ...716,720. 680,362. Cash surrender value of life insurance. 7,608,774. 7,473,117. ...

  • FFW Corporation Announces Earnings for the Year Ended June 30, 2014.

    ...Insurance products are offered through an affiliated ...Consolidated Balance Sheet . June 30 . June 30 . 2014 . 2013 . ed. Assets . Cash and due from financial institutions. $. ...680,362. 629,050. Cash surrender value of life insurance. 7,473,117. 7,206,897. ...

  • 854 F.3d 765 (5th Cir. 2017), 14-51353, Securities & Exchange Commission v. Life Partners Holdings, Inc.

    The SEC brought an enforcement action against LPHI and two of its senior officers, Pardo and Peden, alleging violations of reporting and anti-fraud provisions of the federal securities laws. The SEC alleged that LPHI, a company in the business of facilitating the sales of existing life insurance policies to investors, knowingly underestimated life expectancies for the insureds in public filings...

    ... facilitating the sales of existing life insurance. policies to investors. The SEC alleges ... than the death benefit but more than the cash. surrender value of the policy. The ... company's balance... company's balance sheet...

  • Enhanced Prudential Standards for Systemically Important Insurance Companies

    ....\24\ Insurance companies have complex balance sheets that depend heavily on estimates ... insurance company has significant amounts of life insurance and property and casualty insurance ... insurance contracts are subject to surrender or withdrawal with little or no penalty and on ... meet efficiently its expected and unexpected cash flows and collateral needs at a reasonable cost ... or product features, such as a market value adjustment feature in an insurance contract.\27\. ...

  • Central Valley Community Bancorp Reports Earnings Results for the Six Months and Quarter Ended June 30, 2014.

    ... noted, material changes in year-over-year balance sheet data and operating performance in dollar ...The Company declared and paid $1,092,000 in cash dividends to holders of common stock during the ... from VCB loans that were recorded at fair value in connection with the acquisition and therefore ... by Investment Centers of America and insurance services are offered through Central Valley ...--. 190. Bank owned life insurance. 20,647. 19,443. Federal Home Loan Bank ...1,630. 1,371. Appreciation in cash surrender value of bank owned life insurance. 157. 97. 303. ...

  • Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Capital Adequacy, Transition Provisions, Prompt Corrective Action, Standardized Approach for Risk-weighted Assets, Market Discipline and Disclosure Requirements, Advanced Approaches Risk-Based Capital Rule, and Market Risk Capital Rule

    ... that are substantially engaged in insurance underwriting or commercial activities, as ...Accumulated Net Gains and Losses on Certain Cash-Flow Hedges. b. Changes in a Banking ... 11. Other Assets. C. Off-balance Sheet Items. 1. Credit Conversion Factors. ...Own Estimates of Haircuts. g. Simple Value-at-Risk and Internal Models Methodology. G. ... meet financial commitments for the projected life of the asset or exposure. Such an entity or ... policy owner of the separate account surrenders the policy. It also includes a contract where the ...

  • Proposed stand-alone Family Law Rules.

    ...]20[end strikethrough]25) 12.928, Cover Sheet for Family Court Cases; . ([begin ... statement, and the certificate for all life insurance policies insuring the party's life or ... that the person will not be required to surrender the documents or things. A copy of the notice and ... same is secured or invested, stating the balance due from or to the receiver at the time of ...You should attach to the summons a cashier's check or money order made payable to the .... (3) the fair market value on the date of your separation from your spouse. ...

  • Risk-Based Capital

    ... through the National Credit Union Share Insurance Fund (NCUSIF). This final rule restructures ... concentration risk compared to a diverse balance sheet. Other commenters expressed concern ... the new zero percent risk weight assigned to cash held at the Federal Reserve; the reduction of the ...Accounting figures are point-in-time values largely based on historical performance to date. ... of General Account Insurance (bank owned life .... .... .... .... X .... ... into which a policyholder's cash surrender value is supported by assets segregated from the ...

  • FFW Corporation Announces 46% Increase in Earnings per Share.

    ...Insurance products are offered through an affiliated ...Consolidated Balance Sheet . September 30 . June 30 . 2014 . 2014 . audited. Assets . Cash and due from financial institutions. $. ...703,855. 680,362. Cash surrender value of life insurance. 7,540,376. 7,473,117. ...

  • FFW Corporation Announces Earnings for the Quarter Ended September 30, 2013.

    ...Insurance products are offered through an affiliated ...Consolidated Balance Sheet . September 30 . June 30 . 2013 . 2013 . audited. Assets . Cash and due from financial institutions. $. ...625,129. 629,050. Cash surrender value of life insurance. 7,274,118. 7,206,897. ...

  • Wegbreit v. Commissioner of Internal Revenue, 070819 FEDTAX, 7109-13

    ... (Threshold), variable life insurance policy (Threshold. policy) for ... to shield the value of the registered investment adviser. ... of which includes a cover sheet dated March 11, 2003. All. three SWTF ...'s schedule A of trust assets lists only cash. totaling $18, 750. . . ... Cash Surrender Value, duration of insurance and Death. ... of December 31, 2006. The ending balance for Acadia's. Blackdog Fund account was ...

  • Risk-Based Capital

    ... measures used by the Federal Deposit Insurance Corporation, Board of Governors of the Federal ...'s ``net worth'' as its retained earnings balance,\13\ and a credit union's ``net worth ratio'' ...Accounting figures are point-in-time values largely based on historical performance to date. ... changes in the composition of the balance sheet. A risk-based capital ratio measure is more ...Cash flows for shorter-term loans, like auto loans, ... investments based on their weighted average life, with the weights generally calibrated to the ... into which a policyholder's cash surrender value is supported by assets segregated from the ...

  • 338 U.S. 96 (1949), 226, Securities and Exchange Commission v. Central-Illinois Securities Corp.

    ... for payment to the preferred stockholders in cash; distribution of the remaining assets to the ... were to be paid the voluntary liquidation values (or call prices) fixed by the charter ($105, ... equitable equivalent of the rights surrendered; in liquidations under the Act, equitable ... . the Home Insurance Company and Tradesmens National Bank and Trust ... to the credit side of the enterprise's balance sheet as a matter of bookkeeping." Id. at ...In Massachusetts Mutual Life Insurance Co. v. Securities and Exchange ...

  • Regulatory Capital Rules: Standardized Approach for Risk-Weighted Assets; Market Discipline and Disclosure Requirements

    ...Federal Deposit Insurance Corporation. 12 CFR Part 324. ... specific risk weight categories, including cash and gold bullion held by a banking organization. C. Off-balance Sheet Items. A discussion of the requirements for ... g. Simple Value-at-risk*. A description of an alternative that ... meet financial commitments for the projected life of the asset or exposure. Such an entity or ... contract that are secured by the cash surrender value or collateral assignment of the related ...

  • 55 T.C. 172 (1970), 1577-67, Estate of Gibbons v. C.I.R.

    ... held a majority of the shares of a stock life insurance company. Under the terms of the voting ...In determining the units' fair market value for gift and estate tax purposes, the first-offer ... to twenty-five times the average annual cash dividend paid on a share of the common stock of ...balance sheet as of December 31, 1962:. BALANCE SHEET ... of that policy and not merely its cash surrender value because the right to surrender the policy ...

  • NV5 Revenue up 69% and Net Income up 85% to Record Levels in Third Quarter 2014.

    ... pipeline remains robust, and our current balance sheet positions us to capitalize on these ...Assets . (unaudited). Current assets:. Cash and cash equivalents. $. 5,715. $. 13,868. ...2,993. Goodwill. 10,755. 7,106. Cash surrender value of officers' life insurance. 522. 521. ...