BANK OWNED LIFE INSURANCE

6 Months Ended

Jun. 30, 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:

	Six Months Ended June 30,
(Dollars in thousands)	2020		2019
Balance at beginning of period	$	71,881	$	71,525
Purchases		—		—
Redemptions		—		(4,655)
Net change in cash surrender value		828		4,151
Balance at end of period	$	72,709	$	71,021