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BANK OWNED LIFE INSURANCE
 3 Months Ended
Mar. 31, 2020
BANK OWNED LIFE INSURANCE.  
BANK OWNED LIFE INSURANCE

NOTE 9: BANK OWNED LIFE INSURANCE

Bank-owned life insurance policies and the net change in cash surrender value during the periods shown below were as follows:

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

(Dollars in thousands)

    

2020

 

2019

Balance at beginning of period

 

$

71,881

 

$

71,525

Purchases

 

 

 —

 

 

 —

Redemptions

 

 

 —

 

 

 —

Net change in cash surrender value

 

 

416

 

 

430

Balance at end of period

 

$

72,297

 

$

71,955